Bitcoin, the leading cryptocurrency by market capitalization, has recently experienced a significant and sudden price correction, sparking debate among investors.
Concerns have surfaced about whether this downturn signals the conclusion of the current bull cycle or merely represents a temporary setback.
While short-term holders face losses, long-term metrics provide a broader perspective on Bitcoin’s trajectory, as analyzed by CryptoQuant’s Avocado Onchain in a recent report.
Opportunity Or End of The Bull Cycle?
According to Avocado Onchain, the realized price for investors who entered the market during Bitcoin’s recent peak at $98,000 places them in a loss-making position.
However, for those who invested between one to three months
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