Bitcoin Investor Cohorts Now Have Close Cost-Basis, What Does It Say About Market?

Pa NewsBTC - 1 ane de sa - Tan Lekti: 2 minit
Mer, 7 Desanm 2022 12:00 AM

Bitcoin Investor Cohorts Now Have Close Cost-Basis, What Does It Say About Market?

Data shows the different Bitcoin investor cohorts now have their cost-basis packed together in a tight range. Here’s what this may tell us about the current market.

tout Bitcoin Investor Groups Have Cost-Basis Between $18.7k And $22.9k

Dapre dènye rapò chak semèn nan ne vè, baz pri nan pi laj BTC mache a se kounye a alantou $ 20.2k.

Here, the “cost-basis” refers to the price at which the average investor in the Bitcoin market acquired their coins.

Tout mache a ka divize an de kowòt prensipal envestisè yo, "detantè kout tèm” (STHs) ak “detantè alontèm” (LTHs).

Gwoup STH a gen ladann tout envestisè ki te achte pyès monnen yo nan dènye 155 jou yo. LTHs yo, nan lòt men an, yo fòme pa moun ki gen yo ki te kenbe pyès monnen yo depi plis pase 155 jou de sa.

Estatistik, gwoup LTH a se kòwòt ki gen mwens chans pou yo vann pyès monnen yo nan nenpòt ki pwen, depi envestisè yo pi long yo kenbe pyès monnen yo mwens pwobab yo vin kraze andòmi yo.

Pri-baz youn nan de gwoup sa yo se pri a an mwayèn envestisè ki fè pati kòwòt di a te achte pyès monnen yo.

Now, here is a chart that shows the trend in the cost-basis of both LTHs and STHs, as well as that of the wider Bitcoin mache:

As you can see in the above graph, the cost-basis of the Bitcoin STHs has declined as the bear market has gone on, something that makes sense as this cohort only includes investors who bought recently. Naturally, the “recent” prices during the bear have been lower and lower.

LTH pri-baz la te yon ti kras tandans moute kòm envestisè ki te achte pandan pri ki pi wo yo kounye a se yon pati nan gwoup sa a. Kounye a, metrik sa a gen yon valè de $22.9k.

Sa a se pa twò lwen $ 18.7k pri-baz STH yo ak $ 20.2k pri-baz nan mache a pi laj. Sa vle di ke gwoup envestisè yo diferan nan mache aktyèl la te akeri pyès monnen yo nan pri menm jan an.

Enplikasyon an nan sa a se ke risk la konnen ak opòtinite nan mitan tout moun ki gen yo, si wi ou non a kout tèm oswa alontèm, se menm bagay la. "Kòm sa yo, li gen plis chans ke mache total la ap kòmanse konpòte yo nan yon fason ki pi limenm an repons a volatilité," nòt rapò a.

BTC Pri

Nan moman sa a ekri, Bitcoinpri a flote alantou $ 17k, moute 3% nan semèn ki sot pase a.

Sous orijinal: NewsBTC