$BTC still hasn’t even tagged its Realized Price.$TUT
Quick refresher for anyone new: Realized Price is basically the average cost basis of every $BTC in circulation — what the entire market paid on average for their coins.
Historically, every time we’ve broken below it, it’s been a full capitulation event that forced a ton of holders out. 4 out of 4 so far. Almost a perfect track record.
Bottom isn’t in yet.
Rektober is loading…
This current pump feels a lot more like a short squeeze than real strength. Designed to grab attention, suck in liquidity, and get everyone bullish again.
Survival is the key here.#BTC #ETH
Quick refresher for anyone new: Realized Price is basically the average cost basis of every $BTC in circulation — what the entire market paid on average for their coins.
Historically, every time we’ve broken below it, it’s been a full capitulation event that forced a ton of holders out. 4 out of 4 so far. Almost a perfect track record.
Bottom isn’t in yet.
Rektober is loading…
This current pump feels a lot more like a short squeeze than real strength. Designed to grab attention, suck in liquidity, and get everyone bullish again.
Survival is the key here.#BTC #ETH