#Bitcoin 50-Day MA of Realized Price – Early Profit Zone 📊 📝 This indicator tracks the smoothed average cost basis, showing market phases from accumulation (green) to overheated (red). It effectively filters short-term noise. 📍 The current ratio is 1.19, very close to 1.0, placing the market in an early "profit" phase. $BTC price (~65K orange line) trades above the realized price (grey area). 💡 Proximity to 1.0 implies a solid foundation, hinting at an early stage of healthy market structure. A sustained push above 3.00 would historically signal overheating and increased correction risk.