Why the bottom for $BTC is not in Bitcoin's Realised Price is the average cost basis for all holders Currently it is $53.6k Bitcoin has NEVER bottomed in a cycle without trading below the Realised Price 2011 → BTC bottomed at $2.1, about 58% below the Realised Price of $5 2015 → BTC bottomed at $152, about 49% below the Realised Price of $300 2018 → BTC bottomed at $3.2k, about 47% below the Realised Price of $6k 2022 → BTC bottomed at $15.4k about 34% below the Realised Price of $23.3k 58%, 49%, 47%, 34% – see a pattern forming? My prediction for the next Bitcoin bottom is the Realised Price minus 17% In other words → $44,488 USD Bookmark this because I know I'm right
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