BTC Bear Signal? STH Falls Below TMM #nosacapital #cryptoanalysis #Bitcoin
Originally published: 19 May 2026

We return to look at the STH (Short Term Holders Cost Basis) and the TMM (True Market Mean). For the first time in a long while, the STH has gone below the TMM. The STH stands at $78202 while the TMM is now $78217. Though this is early days, we must be cautious as this is an important sign. Can we expect a fall to between $50k - $60k for BTC? Time will tell.