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BTC is currently trading above all short-term holder cost bases—ranging from $110K to $117K.
Even the most recent buyers are in the green, signaling strong bullish positioning and a healthy cushion of support beneath.
This indicates that the realized support floor is comfortably below the current price, adding strength to the ongoing rally.
#BTC CryptoMarket #OnChainData Glassnode #BitcoinSupport HODLStrong