The Bitcoin UTXO Realized Price is the average price at which each Bitcoin last moved. It reflects the value of Bitcoin based on the last transaction price of each unspent Bitcoin on the network. This metric helps identify market trends by showing whether Bitcoin is trading above or below its average realized price.
When the short-term Bitcoin UTXO Realized Price (for example, 1 week and 1 month) exceeds the longer-term UTXO Realized Price (such as 1-3 months and 3-6 months), it often signals the start of significant price increases. This crossover suggests rising momentum, as newer transactions are happening at higher prices than the recent past, hinting at potential bullish sentiment. If we approach this crossover again, we might expect Bitcoin prices to rise in the midterm.
Written by tugbachain
