$BTC has now reached a very significant point: The AVWAP from the 2022 bear market lows around $62,300. So to say, Bitcoin is sitting right at the volume weighted fair value level of the entire post 2022 accumulation cycle, an important and pivotal equilibrium.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$BTC has now reached a very significant point: The AVWAP from the 2022 bear market lows around $62,300. So to say, Bitcoin is sitting right at the volume weighted fair value level of the entire post 2022 accumulation cycle, an important and pivotal equilibrium.