Bitcoin realized price as a macro bottom indicator
Post41 words
Explains realized price as the average cost basis of all unspent BTC. BTC falling below it has historically marked macro bottoms, shown with a cohort-based chart.
Key claims
BTC below realized price has historically been one of the best macro bottom indicators
Realized price shows the average price all currently unspent $BTC was purchased at
$BTC price falling below realized price has historically been one of the best macro bottom indicators. Chart is a cohort-based visualization of realized #Bitcoin prices
source: @whale_map 馃悑
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