Community Articles
via Cointelegraph · By Cointelegraph Staff
Key Bitcoin Metric Suggest BTC Price Has Room for Further Expansion
BTC
BTC/USDT
$63,149.49
+0.05%
$63,149.49
+0.05%
(24s)24h Volume
$4,678,054,329.33
24h H/L
$63,390.00 / $62,716.00
Change: $674.00 (1.07%)
Long/Short
68.9%
Long: 68.9%Short: 31.1%
Funding Rate
+0.0025%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(12:10 PM UTC)
1 min read
Bitcoin (BTC) buyers resumed their activity during the early Asian trading hours on Wednesday, pushing the price to a new multi-month high of $82,240.
Onchain indicators, including the short-term holder (STH) cost basis, suggest that the BTC price can go higher, with the next big target at $92,000.
Key takeaways:
- Bitcoin holders are back in profit, increasing the chances of reaching $92,000.
- BTC…
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments