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Bitcoin nears key short-term holder cost basis, hinting at potential bullish trend.

Technical Signals
19 Aug 2026
Crypto Briefing
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Bullish
pluang ai news

Bitcoin has recently moved above its 50-day moving average and the short-term holder (STH) realized price, around $67,000. This level represents the average cost basis of coins held for less than 155 days. Historically, when Bitcoin trades above this cost basis, recent buyers are in profit, reducing panic selling and often leading to sustained rallies. Analysts are watching closely to see if Bitcoin can hold above this level, which could confirm a bullish trend and possibly lead to testing higher resistance levels seen after the May rally.

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