Bitcoin breaks historical pattern as price stays above Realized Price

  • Bitcoin remained above its Realized Price throughout the current bear cycle.
  • BTC never closed below its Realized Price during the cycle.
  • Aggregate holders did not enter net unrealized loss despite the correction.

Bitcoin has broken a historical market pattern, with BTC never recording a daily close below its Realized Price during the current bear cycle. Realized Price, an on-chain valuation metric representing the average price at which coins last moved, is used to assess the aggregate cost basis of holders. Despite the market correction, aggregate Bitcoin holders have not entered a net unrealized loss, according to the source.

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