The Trust Layer for Market Analysts

The video analyzes Bitcoin's recent price action and long-term holder behavior. The speaker points out that the single worst day was a 6.1% percentage drop. Supply distribution has taken place since the beginning of the year. The analysis suggests that Bitcoin is at the average network cost basis, which is about $95,000. The video mentioned reclaiming a 300-day moving average. The video analyzes, based on historical Bitcoin cycles, and notes long term Bitcoin investors take profits into strength, while short term holders buy into strength. The key levels to watch out for are $100,000, $95,000 and the $110,000 peak target.