Cryptoquant Analyst: BTC falls below the key realized price of approximately $72,500, potentially continuing a weak trend for several months

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Golden Finance reported that on March 28, Cryptoquant analyst Darkfost stated that Bitcoin has still not managed to regain a position above the realized price after excluding idle circulating chips.
The chart displays a benchmark that removes the holding costs of chips held for more than 7 years, in order to more accurately reflect the actual circulating supply of Bitcoin in the market. This statistical measure excludes lost Bitcoins and chips that are locked away for a long time, which are commonly referred to in the market as “diamond hands” holdings.
After this adjustment, the realized price is approximately $72,500, and this level constitutes a key resistance point. Bitcoin has been trading below this price for nearly two months now. Reviewing past bear market cycles: Bitcoin has fluctuated below this cost benchmark for 6 to 10 months, and has consistently failed to reclaim this position. If historical patterns repeat, Bitcoin may experience several months of pressure, with prices likely continuing to operate below $72,500.

BTC1,86%
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