On-chain analytics firm CryptoQuant has pointed out how Bitcoin has tended to revisit or stay below the Realized Price in past bear markets. Currently, this level is located at $54,000. Bitcoin Hasn’t Gone Below Realized Price This Cycle In a new post on X, CryptoQuant has talked about what the Realized Price is telling us about Bitcoin right now. The “Realized Price” here refers to an on-chain indicator that keeps track of the cost basis or acquisition level of the average investor on the BTC network