The Bitcoin (BTC) long-term total cost base has fallen to an all-time low, as per the on-chain data firm Glassnode. Moreover, Bitcoin is undergoing a very healthy redistribution of supply since the price fell from its highs. This week, the bitcoin price has broken its consolidation zone to rise higher above $48,000k. Bitcoin Undergoing Healthy The post Bitcoin (BTC) Price Has Formed A Historical Bottom; Here’s Why appeared first on CoinGape.