For the first time in history, $BTC did not fall below the Realized Price during the bear market.
The ultimate liquidation action that has always occurred in every prior bear market did not happen this time. The overall lift in the bottom indicates that the long-term investors’ holding support level is firmer than in any previous cycle.
The ultimate liquidation action that has always occurred in every prior bear market did not happen this time. The overall lift in the bottom indicates that the long-term investors’ holding support level is firmer than in any previous cycle.