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Bitcoin is still below the realized price of Bitcoin UTXO lots that have been aged between 18 months and two years.
This means the current price of Bitcoin is lower than the average price of those Bitcoin UTXOs that have not moved from 18 months to two years.
In other words:
Investors who bought Bitcoin 18–24 months ago are currently at an unrealized loss.
Historically, entering this cohort into loss can reflect market weakness or a capitulation phase for some investors, but it does not necessarily mean the downtrend will continue...
$BTC $ETH $SOL
#GUSDYieldRisesto3.8% #GateDEXIntegratesWithRobinhoodChain #TSMCQ2NetProfitSurges77% #SummerCreationCamp #MillionDepositCashback