This $97K Bitcoin Zone Is So Important, Even Your Goldfish Wants to Know

Imagine, if you will, the Cost Basis Distribution, or CBD for short. (No, it won’t help you relax, though your portfolio might wish for that.) This arcane metric examines where the masses last handed over their hard-earned coin for a slice of Bitcoin pie. Picture a carnival game where you try to guess where people last lost their money; now replace the stuffed animals with graphs, and voilà.