Pricing Pricing Yearlycostbasis Pricing Yearlycostbasis
Bitcoin
This is the volume-weighted average acquisition price of coins, computed per year.
Why it matters
It marks each year's aggregate cost basis, a set of horizontal support/resistance references.
How it is built
Each year's on-chain volume is used to weight the average price coins were acquired at.
What to watch
Yearly cost-basis levels act as memory zones where cohorts from that vintage defend break-even.
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