Research Shows that Bitcoin Reclaims Critical Short-Term Holder Cost Basis—Is Confidence Returning?

TL;DR Bitcoin has regained its short-term cost basis ($61.9k) and is approaching the 200-day moving average ($63.9k) following the 0.50% rate cut by the Federal Reserve. Despite a period of capital outflows, new investors are showing confidence, with relatively low realized losses. The perpetual futures market is showing a slight recovery in demand for long ... source: https://crypto-economy.com/research-shows-that-bitcoin-reclaims-critical-short-term-holder-cost-basis-is-confidence-returning/