Markets· ★★★· neutral·

Glassnode: Bitcoin Never Closed Below Realized Price This Cycle

  • —No daily close below realized price in the current cycle
  • —Aggregate NUPL stayed positive, unlike 2018 and 2022
  • —Largest long-term holder supply cluster at $84,000–$85,000
  • —Mean MVRV price at $96,700, True Market Mean at $77,000
Why it matters: Holding above $84,000 keeps the path to $96,700 open, while a break lower puts the $77,000 support back in view.
#BTC
Source: Cryptonews.com
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