PANews reported on January 3 that according to CoinDesk, the average purchase price of Bitcoin buyers in 2024 was $65,901. With the market price closing at around $93,000 on December 31, the average unrealized profit rate for buyers in 2024 was about 40%. When the price of Bitcoin falls below the average purchase price over the previous period, it often marks a local bottom in the price. This happened once after the launch of the ETF in January 2024, and several times in the middle of the year. Monitoring the average cost of the group is a profitable trading strategy. Entering 2025, the average cost of Bitcoin is about $95,500, and buyers have made a small profit at the beginning of the year. As of press time, Bitcoin is around $96,000.
