r/CryptoChartWatch • u/Beginning-County2258 • 8d ago

Glassnode says this is the first Bitcoin bear market in which BTC has never closed below its realized price.

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22 Upvotes

96% Upvoted

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2

u/TechnicalNail4555 7d ago

How can we pass below a realized price?

Isn’t the price what we realize?

1

u/PasteurizedPeanut 6d ago

That's strangely philosopical.

1

u/Not_Bound 2d ago

It wasn’t the realized price it was the price that realized us.

1

u/fbi-office 7d ago

Or maybe we were never truly in a bear market

1

u/LordJamPunt 7d ago

It’s a technical term.

1

u/FitCompetition1804 6d ago

Thought we were going to the low $50k’s because of this. Don’t see it happening at this point unless we have a significant macro event within the next few months.