Realized Price Indicator Suggests a Prolonged Bitcoin Uptrend

Published 09/08/2023, 12:54
Updated 09/08/2023, 13:15
© Reuters Realized Price Indicator Suggests a Prolonged Bitcoin Uptrend

  • Renowned analyst says there could be ‘interesting times’ ahead for Bitcoin.
  • PlanB considered Bitcoin’s 5-month Realized Price before predicting an interesting future.
  • Realized Price reveals the average cost basis at which all bitcoins in circulation were purchased.

Renowned Bitcoin analyst, known as PlanB on X (formerly Twitter), says there could be ‘interesting times’ ahead for Bitcoin. PlanB made the statement after considering how the Bitcoin Realized Price, a critical indicator, has developed recently.

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