I'm closely monitoring Bitcoin's short-term holder realized price (STHRP), which is currently measured at $85,016.

If we retest that level, it's valid potential support.

So long as we stay above that level, I'll remain bullish.

Why?

Because $BTC uptrends are characterized by price trading above the STHRP and I like to own (and hold) assets that are in uptrends.

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