Bitcoin's Roadmap to the Bottom — 4 Levels to Watch

Bitcoins-Roadmap-to-the-Bottom-—-4-Levels-to-Watch

Which 4 levels am I watching in Bitcoin?

4 key realized price levels — essential for tracking the long-term trend in my view.

Realized Price → 54.7K
LTH Whales → 41.6K
New Whales → 88.7K
Binance User Deposit Address RP → 58.7K

Bitcoin has been dropping ever since it lost the New Whales' cost basis — a classic bear cycle signal.

From here, the 2 key supports I'll be watching in order are Binance UDA RP and Bitcoin RP (58.7K and 54.7K). The reason: once Bitcoin falls below New Whales' cost basis, it historically tends to at least test the Realized Price. And the only support standing between here and there is 58.7K.

The question is — will these 2 critical levels hold as support?

Or will we feel the deeper, colder waters down to our bones?