Bitcoin (BTC) Breaks Below Realized Price, Hindering Hopes of $72,000 Rebound

Bitcoin (BTC) has fallen below its realized price—a crucial metric indicating the average purchase cost of all circulating coins. This dip has weakened hopes for a quick rebound to the $72,000 level, as breaking below the realized price typically indicates mounting selling pressure. With Bitcoin’s price currently at $68,608, continued trading below this key threshold could suggest a prolonged... source: https://beincrypto.com/bitcoin-realized-price-rises-above-btc/