Post
Buy_SomeBTC
Bitcoin on-chain floor near $30k?
Ki Young Ju says even if all ETF money and treasury $BTC exit, cost basis still points there. Based on realized price and past MVRV bottoms. $10k would need an MVRV lower than anything seen. 2019 buyers already survived two 75% drops.
Cost basis shows where holders are underwater. It does not stop price. Severe selling has broken these levels before.
#StrategicBTCBillHearing
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$75,785.8+0.00%
ETH/USDTEthereum
$2,233.12+0.00%
SOL/USDTSolana
$90.01-0.01%
Today’s market buzz
1#U.S. nonfarm productivity rises 3.6%, initial jobless claims below expectations
2#Philadelphia Semiconductor Index records largest single-day drop since March 2020
3#Trump says he is ready to veto Democratic legislation
