Cryptocurrency investors focus on two key Bitcoin metrics: realized price and true market mean price. Each offers unique insights into investor behavior. The realized price is inclusive of all Bitcoin holders, while the true market mean price highlights active investors' sentiment shift. With Bitcoin's price surge, we question: is it speculative or a bull market? Alpha content provides the seasoned analyst's conclusion.
Realized price and true market mean: Understanding Bitcoin’s key cost-basis indicators Realized price and true market mean: Understanding Bitcoin’s key cost-basis indicators
Diverging paths of Bitcoin's realized and true market mean prices offer deep market insights.
5 min read
Updated: Dec. 21, 2023 at 6:54 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.