The Long-Term Holder cost basis made a new plateau every cycle. Zooming into that plateau is actually full of information. The decrease, observed by the 90-day change, is slowing down, indicating a repetition of past cycles. #Bitcoin 🧵
Discussion
Read more in the latest Bitcoin Strategy newsletter:
https://www.bitcoinstrategyplatform.com/news/long-term-holder-cost-basis
Good to know my personal long term holder cost basis is in line with the average. Yay, not terrible!