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Fast Take
CryptoSlate has extensively coated the realized worth and value foundation of cohorts all through the bear market, and we’re wanting on the transition of a bull market.
The subsequent bullish Bitcoin catalyst is for the realized worth to get above Lengthy Time period Holder realized worth — which is now lower than an $800 distinction.
Realized Worth: $20,129
Lengthy-Time period Holder Realized Worth: $20,845
Curiously sufficient, every time this flipping has occurred has occurred primarily in June.
August 2012 (Halving November 2012)
June 2016 (Halving July 2016)
June 2019 (Halving Could 2020)
June 2023? (Halving March/April 2024)
The present Bitcoin cycle is all on schedule.
The publish Bitcoin’s subsequent bull catalyst: realized worth flipping in June, simply $800 from long-term holder threshold appeared first on CryptoSlate.
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