Event JSON
{
"id": "d34f8de0849fda4451e4bc5cdeba9467d62f42d4399ffd0291d09ac653a99497",
"pubkey": "db3fb29b9635039b6b4d12d5be3ad94dcd1d8b155dfe25fa9a996e7687e35da2",
"created_at": 1740146649,
"kind": 1,
"tags": [
[
"r",
"https://bitcoinist.com/bitcoin-faces-risk-of-further-decline-if-it-drops-below-short-term-holder-cost-basis-report/"
],
[
"subject",
"Bitcoin Faces Risk Of Further Decline If It Drops Below Short-Term Holder Cost Basis: Report"
],
[
"published_at",
"1740146410"
],
[
"image",
"https://bitcoinist.com/wp-content/uploads/2025/02/STH.png?resize=980%2C550"
],
[
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"db3fb29b9635039b6b4d12d5be3ad94dcd1d8b155dfe25fa9a996e7687e35da2",
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[
"imeta",
"url https://bitcoinist.com/wp-content/uploads/2025/02/STH.png?resize=980%2C550"
],
[
"t",
"crypto:perspective"
],
[
"summary",
"The report notes that Bitcoin has been trading within a narrow range since February and has managed to withstand several major macroeconomic events. However, it emphasizes that the cryptocurrency must remain above its Short-Term Holder cost basis, currently at approximately $92,500, to sustain its bullish momentum. If Bitcoin falls below this level, it could trigger panic selling, while trading above it could reinforce bullish momentum."
]
],
"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgxm87efh934qwdkkngj6klr4k2de5wck92alcjl4x5edemg0c6a5gxlx94c\nhttps://bitcoinist.com/wp-content/uploads/2025/02/STH.png?resize=980%2C550\nAccording to Glassnode’s latest The Week On-Chain report, Bitcoin (BTC) must remain above the Short-Term Holder (STH) cost basis to avoid potential downside risks. Historically, this price level has served as a crucial pivot point between local bull and bear market phases, making it a key area to watch. Bitcoin Must Avoid Sliding Below STH […]\nhttps://bitcoinist.com/bitcoin-faces-risk-of-further-decline-if-it-drops-below-short-term-holder-cost-basis-report/",
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}