Bitcoin: Long-Term Holder Realized Price

What is This Chart Showing?

The Bitcoin Long Term Holder (LTH) Realized Price is a metric that calculates the average price at which long-term investors have purchased their Bitcoin, taking into account only those coins that have not moved for a significant period (155 days or more).

Why Is This Chart Useful?

This metric aims to provide a clearer picture of the market's foundational price support, reflecting the conviction of long-term holders who tend to accumulate and hold through volatility, viewing Bitcoin as a long-term investment.

The LTH Realized Price can act as an indicator of strong support levels during bear markets, as these are prices at which long-term holders have historically shown a willingness to buy and hold, regardless of short-term price movements.

Understanding this price level helps investors gauge a short term potential floor price of Bitcoin, assuming long-term holders do not capitulate, and can signal when the market valuation is becoming detached from the base established by these long time focused investors.

Where Can I Learn More?

This chart is derivative of Realized Price which you can learn more about here.

You can see the Short-Term Holder Realized Price chart here.