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

Ka NewsBTC - 1 selemo se fetileng - Nako ea ho Bala: Metsotso e 2
Labone, Dec 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.

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

Ho latela tlaleho ea morao-rao ea beke le beke e tsoang ho Khalase ea khalase, theko-motheo oa 'maraka o pharaletseng oa BTC hona joale o pota $20.2k.

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

Mmaraka oohle o ka aroloa ka lihlopha tse peli tse kholo tsa batseteli, "ba nang le nako e kgutshwane” (STHs) le “ba nang le nako e telele” (LTHs).

Sehlopha sa STH se kenyelletsa batseteli bohle ba fumaneng lichelete tsa bona tsa tšepe matsatsing a 155 a fetileng. Li-LTH, ka lehlakoreng le leng, li entsoe ke batho ba tšoereng lichelete tsa bona tsa tšepe ho tloha matsatsing a fetang 155 a fetileng.

Ho latela lipalo-palo, sehlopha sa LTH ke sehlopha seo ho seng bonolo ho rekisa lichelete tsa bona tsa tšepe ka nako efe kapa efe, kaha bo-ramatsete ba nako e telele ba boloka lichelete tsa bona tsa tšepe e le monyetla o fokolang oa ho senya boroko ba bona.

Theko ea motheo ea e 'ngoe ea lihlopha tsena tse peli ke theko eo mohoebi ea tloaelehileng oa sehlopha se itseng a rekileng lichelete tsa bona tsa tšepe.

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 mmaraka:

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.

Theko ea litšenyehelo tsa LTH e se e ntse e eketseha ha batseteli ba neng ba reka nakong ea litheko tse phahameng e se e le karolo ea sehlopha sena. Hajoale, metric ena e na le boleng ba $22.9k.

Sena ha se hole haholo le motheo oa litšenyehelo tsa $ 18.7k oa li-STH le $ 20.2k motheo oa theko ea 'maraka o pharaletseng. Sena se bolela hore lihlopha tse fapaneng tsa lichelete tsa lichelete marakeng oa hona joale li fumane lichelete tsa bona tsa tšepe ka theko e tšoanang.

Se boleloang ke sena ke hore kotsi e nahanoang le monyetla har'a bohle ba nang le eona, ebang ke ea nakoana kapa ea nako e telele, e tšoana. "Ka hona, ho na le monyetla oa hore 'maraka o kopanetsoeng o tla qala ho itšoara ka mokhoa o momahaneng ka lebaka la ho hloka botsitso," tlaleho e re.

Theko ea BTC

Nakong ea ho ngola, BitcoinTheko e phaphametse ho pota $17k, ho nyoloha ka 3% bekeng e fetileng.

Mohloli oa pele: LitabaBTC