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

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Aso Lulu, Tesema 7, 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.

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

E tusa ai ma le lipoti lata mai o vaiaso taitasi mai node tioata, o le tau-faʻavae o le maketi BTC lautele i le taimi nei e tusa ma le $ 20.2k.

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

O le maketi atoa e mafai ona vaevaeina i ni vaega autu se lua, o le "tagata e umia taimi pupuu” (STHs) ma le “e umia umi” (LTHs).

Ole vaega ole STH e aofia uma ai le aufaipisinisi na maua a latou tupe i totonu ole 155 aso talu ai. O le LTH, i le isi itu, o loʻo faia e tagata o loʻo umia a latou tupe siliva talu mai le silia ma le 155 aso talu ai.

I le fuainumera, o le vaega LTH o le vaega e tau le mafai ona faatau atu a latou tupe i soo se taimi, talu ai o le umi o le au teu tupe teu a latou tupe siliva o le itiiti ifo lea o le mafai ona motusia lo latou moe.

O le tau-faavae o se tasi o nei vaega e lua o le tau lea na faatau ai e le averesi o le aufaipisinisi o lo'o auai i lea vaega fa'atau a latou tupe.

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 maketi:

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.

O le tau o le LTH ua fa'atupula'ia laititi ona o le aufaipisinisi na fa'atau mai i taimi o tau maualuluga ua avea nei ma vaega o lenei vaega. I le taimi nei, o lenei metric o loʻo i ai le tau o le $ 22.9k.

E le mamao tele lea ma le $18.7k tau-faavae o STHs ma le $20.2k tau-faavae o le maketi lautele. O lona uiga ua maua e le aufaipisinisi eseese i le maketi o loʻo iai a latou tupe i tau tutusa.

O le uiga o lenei mea o le iloa o le lamatiaga ma le avanoa i tagata uma o loʻo umia, pe o se taimi pupuu pe umi, e tutusa. "E pei o lea, e foliga mai o le a amata ona amio lelei le maketi tuʻufaʻatasia i se auala e sili atu ona tuʻufaʻatasia e tali atu ai i le feʻaveaʻi," o le lipoti lea.

BTC Tau

I le taimi o le tusitusi, Bitcoinle tau opeopea e tusa ma le $17k, i luga 3% i le vaiaso talu ai.

Punavai autu: NewsBTC