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

Na NewsBTC - 1 tau ki muri - Wā Pānui: 2 meneti

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.

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

E ai ki te purongo o ia wiki mai i Kihiata, ko te utu-utu o te maakete BTC whanui kei te tata ki te $20.2k.

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

Ka taea te wehea te maakete katoa ki nga roopu moni e rua, ko te "nga kaipupuri mo te wa poto"(STHs) me te"nga kaipupuri mo te wa roa” (LTHs).

Kei roto i te roopu STH nga kaipupuri moni katoa i whiwhi moni i roto i nga ra 155 kua hipa. Ko nga LTH, i tetahi atu taha, he mea hanga na nga kaipupuri e pupuri ana i a ratou moni mai i te neke atu i te 155 ra ki muri.

I runga i nga tatauranga, ko te roopu LTH te roopu e iti ake ana te hoko i a raatau moni i nga wa katoa, na te mea ka roa te pupuri a nga kaipupuri moni i a raatau moni ka iti ake pea ka pakaru to ratau moe.

Ko te utu-utu mo tetahi o enei roopu e rua ko te utu i hokona e te kaipakihi moni o taua roopu i a ratou moni.

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 mākete:

Te ahua nei i paopaohia te utu e te STH-utu-utu kaore i roa rawa atu | Puna: Glassnode's The Week Onchain - Wiki 49, 2022

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.

Kua piki ake te utu-utu LTH i te mea ko nga kaipupuri moni i hoko i nga wa o nga utu teitei ake nei, kua uru ki tenei roopu. I tenei wa, he $22.9k te uara o tenei ine.

Kaore tenei i tawhiti rawa atu i te $18.7k te utu-utu o nga STH me te $20.2k te utu-utu o te maakete whanui. Ko te tikanga ko nga roopu putea rereke i roto i te maakete o naianei kua riro a raatau moni i nga utu rite.

Ko te tikanga o tenei ko te tupono me te whai waahi i waenga i nga kaipupuri katoa, ahakoa mo te wa poto, mo te wa roa ranei, he rite tonu. "Na tenei, ka kaha ake te tiimata o te maakete whakahiato ki te mahi i runga i te whakakotahitanga hei whakautu ki te pahekeheke," ta te ripoata.

Taurangi BTC

I te wa e tuhituhi ana, Bitcointe utu ka manu tata ki te $17k, piki 3% i te wiki kua hipa.

Kei te pupuri tonu te BTC i te tohu $17k | Puna: BTCUSD mo te TirohangaTiro Ko te ahua kua whakaatuhia mai i iStock.com, nga mahere mai i TradingView.com, Glassnode.com

Kuputuhi taketake: NewsBTC