Bitcoin Approaches Realized Price, Historic Bottom Signal Emerges
Bitcoin's sharp decline in recent trading sessions has pushed its market price close to the realized price — the average on-chain cost basis of all coins. According to on-chain data, the gap between the current spot price and the realized price has narrowed to roughly 10%, equivalent to approximately $5,000. In previous bear markets, the realized price has repeatedly acted as a strong support zone, often marking the bottom before a sustained recovery. Analysts suggest that if Bitcoin drops further to the realized price level, it would present the most attractive entry point of this bear market cycle. Market participants are closely watching this key threshold, as historically, buying near the realized price has yielded significant returns during the subsequent bull phase.
