Why Is This Time Different for Recent Buyers?

BeInCrypto Editorial

(02:00 PM UTC)

1 min read

Bitcoin (BTC) price climbed to $81,050 on Friday, returning to the level it last touched on May 14. Recent buyers now sit far further from breakeven than they did then.

Glassnode data shows the average entry price for coins younger than 155 days has dropped sharply. Bitcoin, meanwhile, trades at almost the same level as in May.

Bitcoin price on-chain divergence comparison, May versus September…

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BeInCrypto Editorial · BeInCrypto

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