_Checkonchain(@_checkonchain):The Bitcoin price has been edging higher in recent weeks, after recovering the 200-week moving average around $63k. The market did experience a weekly close below the 200WMA towards the end of of June, but has since held above it for four consecutive weeks. Attention now turns to the next key level: the Short-Term Holder cost basis at $68k, where the average recent BTC buyer returns to a state of profit. In our latest newsletter piece, @_Checkmatey_ examines why this transition has historically been an important milestone in bear market recoveries, and what the latest onchain data suggests about investor behaviour →

_Checkonchain

@_checkonchain

Bitcoin Onchain Analysis Suite @ Bitcoin Newsletter @ by @_checkmatey_ & @_alecdj

参加 February 2020

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_Checkonchain@_checkonchain

2026.07.21 08:59

The Bitcoin price has been edging higher in recent weeks, after recovering the 200-week moving average around $63k. The market did experience a weekly close below the 200WMA towards the end of of June, but has since held above it for four consecutive weeks. Attention now turns to the next key level: the Short-Term Holder cost basis at $68k, where the average recent BTC buyer returns to a state of profit. In our latest newsletter piece, @_Checkmatey_ examines why this transition has historically been an important milestone in bear market recoveries, and what the latest onchain data suggests about investor behaviour →