Bitcoin Dips Below Short-Term Holder Realized Price, Sparking $60k Fears

Bitcoin (BTC) recently fell below $64,000, breaking its short-term holder realized price and signaling fear that a further correction toward $60,000 might be on the horizon. Bitcoin’s price briefly dipped below a critical level for traders sparking fears that a possible further decline to levels unseen in 49 days, according to cryptocurrency analysis firm CryptoQuant.

Source: Bitcoin World