Bitcoin just $5,000 away from on-chain level that historically marked bear market lows
Bitcoin is currently trading approximately $5,000 above its Realized Price — an on-chain metric sitting around $53,000 that reflects the average price at which all existing Bitcoin last changed hands. Analysts note that in previous cycles, touching the Realized Price marked the final phase of a bear market and a historic buying opportunity. The proximity of the current price to this level is drawing attention from crypto market watchers.
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