Bitcoin’s next bull catalyst: realized price flipping in June, just $800 from long-term holder threshold

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Quick Take

• Cryp­toSlate has exten­sive­ly cov­ered the real­ized price and cost basis of cohorts through­out the bear mar­ket, and we are look­ing at the tran­si­tion of a bull market.
• The next bull­ish Bit­coin cat­a­lyst is for the real­ized price to get above Long Term Hold­er real­ized price — which is now less than an $800 difference.

Real­ized Price: $20,129

Long-Term Hold­er Real­ized Price: $20,845

• Inter­est­ing­ly enough, each time this flip­ping has occurred has hap­pened main­ly in June.

August 2012 (Halv­ing Novem­ber 2012) 

June 2016 (Halv­ing July 2016) 

June 2019 (Halv­ing May 2020) 

June 2023? (Halv­ing March/April 2024)

The cur­rent Bit­coin cycle is all on schedule.

The post Bitcoin’s next bull cat­a­lyst: real­ized price flip­ping in June, just $800 from long-term hold­er thresh­old appeared first on Cryp­toSlate.

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