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BTC Short Term Holder Entry Price of $63,700 Breaks, Downtrend Begins

Checkmate, principal analyst at on-chain analytics firm Glassnode, told X: "Bitcoin Short Term Holder (STH) entry is at $63,700. If this level remains unbroken, the uptrend will continue." "However, if this level is broken, the downtrend will begin. Of course, in a bull market, it can be seen as an opportunity to buy the lows," he added. On CoinMarketCap, BTC is trading down 2.39% to $64,917.01.

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