đ BOTTOM around $55,000?
Todayâs indicator is based on the Realized Price (purple), which represents the average acquisition price of BTC holders.
đ After losing the Mid Band (grey), Bitcoin has retraced toward this key realized price zone, currently sitting around $55,000.
As history shows, this level has often acted as a bottom-forming area during bearish phases.
đ That doesnât mean BTC will stop exactly here, but on-chain data suggests this is a level where bulls may step in to defend price.
For some, this could be seen as a rare structural opportunity on Bitcoin.
