🚀#BitcoinCrosses $62,000! 📈

- BTC surged above $62,000 on September 19, surpassing the short-term holder (STH) strike price.

- The STH strike price is the average price at which short-term investors buy BTC, which is often used as support in an uptrend.

- Analyst @Avocado_onchain: "The STH strike price has always been a key support and resistance level."

- BTC is currently trading around $63,576, 1.4% above the STH strike price.

- Analyst @ErcanSak: "If BTC closes daily above this level, the market will continue to be positive."

- @CoinerYadox: "The bull market will continue when BTC surpasses the STH strike price."

- Data from @IntoTheBlock: Strong support around $62,000 with over 2.45M addresses buying 421,820 BTC.

- Taker Buy Sell Ratio on CEXs is rising sharply, indicating high buying pressure.

Do you think BTC will continue to rise? Comment now! 💬#Crypto#Blockchain#Finance#BTC