$BTC

BTC price chart with 111-day SMA, 200-day SMA, average cost of short-term holders

The average cost of short-term holders is currently at $95,900.

Currently, the price is trading significantly higher than all three important levels, highlighting the strength of the upward momentum since April. Notably, these price levels are very close together and this convergence creates an important support zone with high reliability - a zone that needs to be maintained to sustain further growth.