Bitcoin & the average purchase price

Bitcoin-the-average-purchase-price

Today I asked myself the question: How much is #Bitcoin trading below the average purchase price of all bitcoin?

For a conclusion I used a very populair on-chain chart, namely Realized Price. Realized Price is the average purchase price of all bitcoin. With these values I calculated the percentage difference between Bitcoin Price & Realized Price on every day. The results is in the chart attachted.

Here are the numbers 👇
▶ 2012: -60%
▶ 2015: -41%
▶ 2019: -30%
▶ 2022: -24%

There are two important things to notice:
1️⃣BTC is currently trading 24% below Realized Price
2️⃣ Dips below the average price are decreasing👀