The Realized Price metric, reflecting the purchase price of BTC, serves as a break-even point for investors. Utilizing UTXO Age Bands, we can analyze the Realized Price based on holding periods.
For holders of 1 week to 1 month, the Realized Price is $59.3k, while for those holding 1 to 3 months, it is $62.1k. With the current BTC price at $60.3k, these bands are likely to act as immediate support and resistance levels, respectively, providing key trading insights.
Additionally, the Realized Price for long-term holders (6 to 12 months) stands at $50.1k, suggesting a strong support level if the market experiences a downturn. This analysis underscores the importance of monitoring Realized Price for informed trading decisions.