#BTC Buy-the-Dip Signal Just Triggered
Bitcoin has once again dipped below the average cost basis of short-term holders, as shown by the STH MVRV falling near the critical 1.03 level.
Historically, this signal marks prime accumulation zones during bull markets — and we’ve seen this work multiple times in the 2024 cycle already.
With BTC now around $106.9K, this dip could be a strong buy opportunity before the next move up.
On-chain says: Smart money buys fear.
DYOR NFA
