Crypto Analyst Identifies $48.3K as Key Bitcoin On-Chain Accumulation Zone

Crypto analyst Ali Martinez has pointed to a key long-term Bitcoin metric known as “Investor Price,” which estimates the average cost basis of all actively circulating Bitcoin by excluding coins that are considered permanently lost.

He noted that this indicator currently sits at approximately $48,300. According to his observation, this level is being closely watched as a potential area for long-term Bitcoin accumulation.

Source: Ali Martinez