Bitcoin’s STH cost basis suggests $117K is the next stop for BTC price
Bitcoin’s onchain and technical data suggest that the upside is not over for BTC price.
Key takeaways:
Bitcoin’s STH cost basis, MVRV data, and other technical indicators suggest that BTC price is on track toward $117,000.
Analysts suggest a breakout above $109,000-$110,000 could push BTC to fresh all-time highs.