Bitcoin is currently at a realized price of $54,000, according to data from the analytical company CryptoQuant.
This metric tracks the average cost of acquiring BTC for investors.
, Historically, in bear markets,
Bitcoin has often returned to this price or remained below it.
Despite the recent decline, BTC is still holding above this level, indicating that most holders are in profit.
Il However, a significant number of short-term holders who purchased Bitcoin in the last 155 days are already in a loss, which creates selling pressure with every rise.
At the same time, the largest Bitcoin management company, Strategy, is also recording a price below its realized value, which is around $75,600. This may indicate significant resistance at the level where the recent rise was rejected.
+ Currently, the price of BTC is fluctuating around $68,400$BTC
