Bitcoin is currently trading just below its average realized price for 2025, which is set at $100,356, hovering around $98,000. Over 2.6 million BTC are at a loss, one of the highest figures this year. The critical concern is that when Bitcoin remains below its average withdrawal price for an extended period, it can lead to further selling pressure and downward movement. Historically, this price threshold has acted as a strong support level. For instance, in 2024 and 2023, Bitcoin briefly dipped below similar realized prices but rebounded quickly, suggesting that a breach does not necessarily signify a bear market. However, analysts caution that if the price stays below the average for too long, more declines are likely, affecting market sentiment. James Van Straten, a Senior Analyst at CoinDesk, highlights the importance of monitoring flows and investment strategies within the cryptocurrency landscape.

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