CryptoQuant analysts point to important support at $48,000. In addition to warning about the risk of a decline to $40,000.
This infographic shows how the price of#BTCchanges relative to the average cost of short-term holders, as well as the risk levels associated with these changes. Understanding this data helps you assess when an asset may be overbought or oversold. And now, according to the chart, the price of BTC for the fifth time in the last year and a half has fallen below the lower limit of moderate risk of 9%.
According to the metric on which this#CryptoQuantanalysis is based, $48,000 is now an important level for making decisions about purchases and sales.
