Glassnode said that the real market average of Bitcoin price is now $50,000.
On July 7, this guy posted a message saying that when the BTC price dropped to $60,000, many investors were afraid and bearish again.
The market volatility stopped, and the indifference came, which is not uncommon. However, investors can still make money overall, with an average token profit of 2 times, but most short-term holders lose money.
Now the price of Bitcoin is still in a bull market after several short-term highs. The real market average of $50,000 is the average cost of each active investor.
If the macro bull market continues, this level is the key. Bitcoin's unrealized profits show that the market may be overheated. It is now $92,000, and short-term holders break even at $64,000. The spot price is low and is about to rise back.
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