CriptoQuant Analyst: Bitcoin prices were below the short-term holder cost base for nine months in a row

According to CriptoQuant analyst Darkfost, the price of bitcoin has been below the short-term holder cost base for more than nine months in a row, which currently amounts to approximately $707 million and constitutes a resistance position. In May, BTC went to the region to test in the vicinity of approximately $82,000 and then returned. Darkfost added that some investors were accumulating at lower levels and that new purchases were lowering the overall holding costs。