BTC: $56,500
OBTC: $22,745
VG: 7.98
We’re back under the prior ATH, temporarily. You’ll recall that our target to enter price discovery confidently was $58K corresponding to VG ~8 in the first place. This detour has helped get us close to this target (~8.1), while the first time we broke above $58K last weekend, we were still a ways off (~8.3). Expect price discovery above $60K to resume sooner rather than later.