In a twist of cosmic fate, it seems Bitcoin (BTC) may ascend the perilous heights of 15% above our mundane reality, contingent on the unwavering fervor of its ever-devoted cult following. According to the not-so-rebellious sages at Glassnode, if the market continues its whimsical upward gallivant, we might just witness a rise in our fortunes!
And, lo! Behold the fabled STH cost basis model, a mystical measurement that lifts the veil on the average price at which our short-term Bitcoin zealots acquired their ill-gotten gains. This arcane knowledge, they say, reveals enchanted entry and exit portals. 🔮
“As long as the cosmic winds remain favorable, the next celestial barrier sits gloriously below $140,000—Oh, what a climb!”
Yet, our wise Glassnode oracles whisper a cautionary tale, hinting that while Bitcoin may be on the cusp of yet another triumph, the eager short-term holders may soon pull the plug, reveling in bloated profits. Picture it: a bunch of treasure hunters, gleefully sitting atop a mountain of gold coins and debating whether to dive into the sea of liquidity. 🪙
“Verily, Bitcoin has shattered records to reach ludicrous heights, clearing two major accumulation zones—and that my friends, is naught but a prelude to a grand spectacle of positive momentum!”
“But watch out! Our short-term holders, being of a particularly excitable nature, are gazing upon their profits with gaping mouths, and the temptation to cash in may have reached dangerously overheated levels!”
“Should this enchanting percent begin to waver or dip below the exalted 88% threshold, mark it as an ominous herald of waning demand or a grand redistribution of riches!”
At this juncture, Bitcoin lounges at a modest $117,810, a mere trinket in the grand bazaar of cryptocurrencies.
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2025-07-19 12:22