Bitcoin Has Spent Nearly a Month Below Its Adjusted Realized Price: A Signal That Has Preceded Every Major Bear Market

CryptoQuant data shows Bitcoin has been trading below its adjusted realized price of approximately $72,700 for nearly a month, marking the first time in the current cycle that price has sustained below this level, a condition that has historically preceded bear markets lasting between six and twelve months. source: https://www.ethnews.com/bitcoin-has-spent-nearly-a-month-below-its-adjusted-realized-price-a-signal-that-has-preceded-every-major-bear-market/