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Breaking News: XRP Price Predictions: AI Forecasts $4.40 By March 2026, Analysts Target Up To $6
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Breaking News: XRP Price Predictions: AI Forecasts $4.40 By March 2026, Analysts Target Up To $6

Bitcoin Finds Support At Short-Term Holder Cost Basis, But For How Long?

Keshav Verma
Keshav Verma
Last Updated: September 2, 2025 3:00 am
2 mins read
Bitcoin

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Bitcoin has seen a rebound since retesting the short-term holder Realized Price, a sign that this historical on-chain support may be holding.

Bitcoin Short-Term Holder Realized Price Just Acted As Support

As explained by CryptoQuant author IT Tech in an X post, Bitcoin found support around the short-term holder Realized Price during the latest dip. The “Realized Price” here refers to an on-chain indicator that measures the cost basis of the average investor on the BTC network.

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When the price of the cryptocurrency is above this metric, it means the holders as a whole are in a state of net unrealized profit. On the other hand, it being under the indicator implies the overall market is in the red.

In the context of the current topic, the Realized Price of only a specific segment of investors is of interest: the short-term holders (STHs). This cohort includes the holders who purchased their coins within the past 155 days.

The STHs make up for one of the two main divisions of the Bitcoin market done on the basis of holding time, with the other side being known as the long-term holders (LTHs).

Where these groups differ is that the investors of the former tend to be weak hands who make panic moves whenever volatility emerges in the sector, while the latter’s members show high-conviction behavior.

To any investor, their cost basis is an important level and since the STHs are particularly fickle, they usually show some kind of reaction when their Realized Price gets retested. This has led to the asset’s price observing various interactions with this metric in the past.

One such interaction may have occurred during the past day, as the below chart shared by the analyst suggests.

Bitcoin STH Realized Price
The price of the coin appears to have retested the indicator in recent days | Source: @IT_Tech_PL on X

As displayed in the above graph, the Bitcoin STH Realized Price currently sits around $107,500. During BTC’s latest dip, its price slightly went under this mark, but found a rebound to higher levels.

Generally, STHs buy to defend their cost basis when the sentiment among them is bullish. In such periods, they believe a price decline to their break-even mark to be a “dip-buying” opportunity

Considering the fact that the asset has been able to find support at the STH Realized Price, it would appear that the STHs still think a bullish regime is on. That said, Bitcoin has only seen a small rebound for now, so it only remains to be seen whether the asset will remain above the level or if another retest would occur.

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In the scenario that a breakdown of the metric occurs, the cryptocurrency may face a shift to a bearish trend in the short-term, as it took place in February of this year.

BTC Price

At the time of writing, Bitcoin is floating around $109,200, down 2% over the last seven days.

Bitcoin Price Chart
The trend in the BTC price over the last five days | Source: BTCUSDT on TradingView
Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
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Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

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Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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