Bitcoin Breaks Record, ‘Buy-the-Dip’ Signal Sparks Renewed Rally

Bitcoin has reached a new all-time high this week, driven by bullish momentum fueled by the recent reclaiming of its Short-Term Holder Average Cost Basis. This significant indicator is being seen as a potential buy point during market expansions. Analysts predict that Bitcoin’s old peak near $109,000 may now act as a powerful support level for further price growth. Cryptoquant data shows Bitcoin’s recent rally after hitting this crucial short-term holder threshold.