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Bitcoin‘s price has only been for 16% of its history below the Realized Price, all of those being generational wealth opportunities. This time too?

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by COINS NEWS 114 Views

Bitcoin‘s price has only been for 16% of its history below the Realized Price, all of those being generational wealth opportunities. This time too?

Firstly, I know there has been ton of indicators that have been proven false in this bear market but the realized price is not here to predict anything but give you an observation. So the realized price has usually been described as the average purchase price for all bitcoins in circulation. It is calculated by dividing the value of all bitcoins that were bought at the price with the bitcoins currently in circulation.

Here is the chart:

https://preview.redd.it/4uvcbapz345a1.jpg?900&format=pjpg&auto=webp&s=d71c80e328a97e1365a8aa26f14c8b496aaf3a6a

It is shown that only the during all the past cycle bear markets Bitcoin has went below the realized price, thus it is seen as a indicator of when the bear market starts and NOT when it ends. Right now we have already been longer below it than during 2018 but the 2015 bear market also shows how bad it could possibly still get.

The blue field below it also shows the days it has been below the realized price and can bee seen aas kins of an anti-realized price as contrary to that this one goes up when BTC is in a bear market.

Buying when BTC is under the realized price has always been an amazing decision so far and it will probabaly also be this time but we just have to remain patient and remember that this too, will pass.

submitted by /u/partymsl
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