Quick Take
- CryptoSlate research team has been thoroughly analyzing specific metrics that can allow us to see a transition between bear and bull markets.
- The short-term holder realized price has now flipped long-term holder realized price for the first time since May 2019.
- STH RP: $21,742
- LTH RP: $21,334
- According to this metric, this bear market has ended — which was a total of 191 days this cycle.
- In Bitcoin history, this adds up to a total of 906 days.
- 2012: 239 days
2015: 334 days
2019: 145 days
2023: 191 days
The post Bitcoin market sentiment shift – Realized price metrics show transition from bear to bull market appeared first on CryptoSlate.
