/crypto
MeharShahidRaza
·
2 years ago
This Catalyst Could Send Bitcoin (BTC) Flying Once Again in June, According to InvestAnswers
A widely followed crypto strategist says that Bitcoin (BTC) could take off next month as a result of one catalyst.
The anonymous host of InvestAnswers tells his 443,000 YouTube subscribers that a historical bull signal is on the verge of occurring again.
According to the trader, when Bitcoin’s realized price (RP) crosses above the long-term holder realized price (LTH RP), the crypto king tends to fly.
The RP is the value of all BTC at the price they were bought, divided by the number of coins in circulation. The LTH RP is the average on-chain acquisition price for coins held outside exchange reserves and that have not moved in the past 155 days.
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