- 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.
5-month realized price (aka Short Term Holder price, light blue) is now above 2-year realized price (dark blue).If history is any guide (red circles) it will stay above for the next 2+ years. Interesting times ahead