Crypto analyst PlanB: $60,000 is an effective support level in the bull market
According to Odaily Planet Daily, crypto analyst PlanB posted on social media that the 5-month realized price (i.e. STH short-term holder price), currently at $60,000, seems to be an effective support level in the bull market. He further pointed out that this situation is similar to the market conditions in 2012, 2016-2017, and 2020.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Epsilon Energy CEO Jason Stabell acquires 23,104 common shares worth $136,021.66
Another $1.5 billions before IPO! Nvidia (NVDA.US) increases investment in SB Energy, reaching a total of $3 billions
Nvidia will further increase its investment in SB Energy Inc., a data center infrastructure provider backed by SoftBank Group, ahead of SB Energy’s planned US initial public offering (IPO). Nvidia plans to invest an additional $1.5 billion, bringing its total investment in SB Energy to $3 billion.