Bitcoin long-term holder threshold unlikely to be breached, Joao Wedson analyzes

Joao Wedson raises the question of whether Bitcoin will ever trade below the long-term holder realized price again. He notes that if this scenario holds, it would mean that historical price-based charts might lose their effectiveness in this market cycle.

Wedson also considers if it is too soon to make this assessment, suggesting ongoing uncertainty about Bitcoin's behavior relative to this metric.

Wedson previously analyzed Bitcoin’s liquidation dynamics, noting that a drop to $57,000 or lower remained possible as market traps persisted. He has also reported on Dogecoin trading near historically rare undervaluation levels according to the CVDD Channel. His recent commentary follows a series of technical observations on major crypto assets.

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