Caleb Franzen|Apr 22, 2026 14:51
Friends, keep this in mind...
Bitcoin's short-term holder realized price (STHRP) is currently $80,600.
Because price is below STHRP, this objectively means that the average buyer over the past 155 days is underwater.
And that is what happens during downtrends.
It's also valid resistance.
So just keep this dynamic range on your radar.
It's a critically important level, for obvious reasons.(Caleb Franzen)
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