$55K marks Bitcoin’s realized price, historically tied to bear market bottoms.
Past cycles witnessed bitcoin trade 25 - 30% below this level before stable. Now, price is still 18% above. When BTC reaches this area, it usually moves sideways before recovering. #bitcoin #btc
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$55K marks Bitcoin’s realized price, historically tied to bear market bottoms.
Past cycles witnessed bitcoin trade 25 - 30% below this level before stable. Now, price is still 18% above.
When BTC reaches this area, it usually moves sideways before recovering.
#bitcoin #btc