Market tops form when price stretches far above realized value. Market bottoms form when price compresses near or below it.
Right now, $BTC sits above realized price but still within its historical expansion range. That usually signals volatility and consolidation, not cycle exhaustion.
The real edge isn’t chasing candles. It’s tracking where value actually sits.
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Bitcoin Realized Pricing Bands don’t lie.
Market tops form when price stretches far above realized value.
Market bottoms form when price compresses near or below it.
Right now, $BTC sits above realized price but still within its historical expansion range.
That usually signals volatility and consolidation, not cycle exhaustion.
The real edge isn’t chasing candles.
It’s tracking where value actually sits.
#Bitcoin #BTC #OnChainData #CryptoMarkets