URPD metric indicates a lack of liquidity for Bitcoin below $60,000

Quick Take Bitcoin experienced a 4% rally on April 18, bouncing back from just below $60,000 on April 17. CryptoSlate has identified $58.8k as a major support level — which is the short-term holder realized price (STH RP) that has previously acted as support during bull runs. If Bitcoin drops below the support level, it could signal a bearish …

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URPD metric indicates a lack of liquidity for Bitcoin below $60,000