Bitcoin

<h2 id="quick-take">Quick Take</h2>
<ul>
<li>CryptoSlate has extensively covered the realized price and cost basis of cohorts throughout the bear market, and we are looking at the <a href="https://cryptoslate.com/wp-admin/post.php?post=314077&amp;action=edit">transition</a> of a bull market.</li>
<li>The next bullish Bitcoin catalyst is for the realized price to get above Long Term Holder realized price — which is now less than an $800 difference.</li>
</ul>
Realized Price: $20,129
Long-Term Holder Realized Price: $20,845
<ul>
<li>Interestingly enough, each time this flipping has occurred has happened mainly in <a href="https://cryptoslate.com/wp-admin/post.php?post=314077&amp;action=edit">June</a>.</li>
</ul>
 August 2012 (Halving November 2012) 
June 2016 (Halving July 2016) 
June 2019 (Halving May 2020) 
June 2023? (Halving March/April 2024)
The current Bitcoin cycle is all on schedule.
<figure id="attachment_325422" aria-describedby="caption-attachment-325422" style="width: 1199px" class="wp-caption aligncenter"><img class="wp-image-325422 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/05/june.jpg" alt="Cost Basis Cohorts: (Source: Glassnode)" width="1199" height="675" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/june.jpg 1199w, https://cryptoslate.com/wp-content/uploads/2023/05/june-300x169.jpg 300w, https://cryptoslate.com/wp-content/uploads/2023/05/june-1024x576.jpg 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/june-768x432.jpg 768w" sizes="(max-width: 1199px) 100vw, 1199px" /><figcaption id="caption-attachment-325422" class="wp-caption-text">Cost Basis Cohorts: (Source: Glassnode)</figcaption></figure>
The post <a rel="nofollow" href="https://cryptoslate.com/insights/bitcoins-next-bull-catalyst-realized-price-flipping-in-june-just-800-from-long-term-holder-threshold/">Bitcoin&#8217;s next bull catalyst: realized price flipping in June, just $800 from long-term holder threshold</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.

Bitcoin’s next bull catalyst: realized price flipping in June, just $800 from long-term holder threshold

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