Source: CoinDesk ↗
Crypto Long & Short: Why gold and bitcoin belong in the same portfolio
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Bitcoin is stuck under the cost basis of the past two years' buyers, the ETFs are selling again, and September's CPI came in hot. Underneath, the base holds: price sits above the True Market Mean and the ETF cost basis, loss-taking has dried up, and this bear never closed below the Realized Price.
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