đ#BitcoinCrosses $62,000! đ
- 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! đŹ#Crypto#Blockchain#Finance#BTC
