Bitcoin has climbed back above $73.3K, giving short-term buyers an average profit of about 13%. On-chain data shows short-term holder cost basis clustering between $63K and $73K, with the 3-6 month cohort averaging around $73.19K, just below current levels. This setup mirrors mid-July 2025, when the same 13% margin appeared with Bitcoin trading above $118K. Historical cycles show much higher profits at their peaks: 232% at the 2012 top, 150% at the 2021 peak, and 69% at the 2025 cycle high. The $63K-$73K band remains the critical zone to watch, as holding above it maintains short-term holder profitability and limits capitulation risks.
Source: Read the original article

