Bitcoin

<ul class="news-points"> 
 <li><strong>Renowned analyst says there could be ‘interesting times’ ahead for Bitcoin.</strong></li> 
 <li><strong>PlanB considered Bitcoin’s 5-month Realized Price before predicting an interesting future.</strong></li> 
 <li><strong>Realized Price reveals the average cost basis at which all bitcoins in circulation were purchased.</strong></li> 
</ul> 
<p>Renowned Bitcoin analyst, known as PlanB on X (formerly Twitter), says there could be ‘interesting times’ ahead for <a href="https://coinedition.com/tag/bitcoin-btc-news/" rel="noopener noreferrer nofollow">Bitcoin</a>. PlanB made the statement after considering how the Bitcoin Realized Price, a critical indicator, has developed recently.</p> 
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   <p lang="en" dir="ltr">5-month realized price (aka Short Term Holder price, light blue) is now above 2-year realized price (dark blue).<br>If history is any guide (red circles) it will stay above for the next 2+ years. Interesting times ahead<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/YNgy7DaeX7" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/YNgy7DaeX7</a></p>— PlanB (@100trillionUSD) <a href="https://twitter.com/100trillionUSD/status/1688901349209997313?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 8, 2023</a> 
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<p>PlanB posted a screenshot showing that Bitcoin’s five-month Realized Price is now above the two-year Realized Price. Using historical data, PlanB thinks the current setup will remain for over two years, signifying a prolonged bullish trend for Bitcoin.</p> 
<p>Bitcoin Realized Price is plotted by calculating the sum of all bitcoins at the price they were bought and di…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/realized-price-indicator-suggests-a-prolonged-bitcoin-uptrend/">Realized Price Indicator Suggests a Prolonged Bitcoin Uptrend</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Realized Price Indicator Suggests a Prolonged Bitcoin Uptrend

Coin Edition

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