BlockBeats news, on March 29, CryptoQuant analyst Darkfost stated, "BTC has still not been able to reclaim the realized price after excluding long-term inactive supply. This excludes Bitcoin supply held for over 7 years to more accurately reflect the actual circulating chips. It filters out lost Bitcoins and long-term ‘diamond hands’ holdings. With this adjustment, the realized price of Bitcoin is approximately $72,500, which currently acts as a resistance level.
BTC has been below this price for about two months. In previous bear markets, BTC maintained below this cost basis for 6 to 10 months, during which it failed to effectively recover this level. If this pattern repeats, BTC may still face pressure in the coming months, with prices likely continuing to operate below $72,500."
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