Bitcoin's Realized Price: A Potential Cyclical Low

Bitcoin has been moving within its cyclical bear market, which is part of its famous 4-year cycle.

The good news is that this bear market is well-documented from a statistical perspective, lasting an average of 1 year or 365 days.

This means that the current low established on July 1 at $57,500 may not be the final low of the bear market, and one final low is still missing.

According to the 4-year cycle principle, this last low should occur between mid-August and the beginning of next October.