
Bitcoin Nears Key Bottoming Zone as Selloff Tests Realized Price
Analysts say Bitcoin sits roughly $5,000 from a level that has marked the floor in past bear markets, drawing European traders' attention.

Festus Folo
Managing Editor, Africa · Lagos
Bitcoin's latest decline has pushed the cryptocurrency close to a metric that has historically signalled the bottom of previous downturns, according to analysis cited by Cointelegraph. The move is being closely watched across European trading desks, where investors continue to treat Bitcoin as a barometer for broader digital-asset sentiment.
What the Data Shows
According to Cointelegraph, Bitcoin's recent selloff brought its market price within about 10% of its realized price. The realized price is a measure derived from the value at which each coin last moved on-chain, effectively representing the aggregate cost basis of the market. In Bitcoin's earlier bear cycles, the zone within roughly 10% of that line has tended to coincide with bottoming periods — moments when sustained selling pressure has historically begun to ease.
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