Bitcoin Holds Above $80K, Potential Target at $130K+
The Most Important Points at a Glance
Bitcoin remains stable above $80,000 USD. The realized price valuation indicates that investors continue to accumulate. Binance users have an average purchase price of $56,000 USD, suggesting broad profitability. The question remains: Can Bitcoin reach the $150,000 USD mark?
What Does the Realized Price Mean?
The realized price is the average purchase price of all circulating Bitcoin. It provides insight into whether investors are in profit or loss. Currently, this value stands at $43,600 USD. Since the market price is significantly higher at around $84,000 USD, most holders are in profit.
Binance Users: Strong Position Despite Possible Risks
The realized price valuation for Binance users is approximately $56,000 USD. This means that the majority of investors on this platform are in profit with their Bitcoin holdings.
This value is a key indicator of market sentiment:
– If the realized price is below the market price, it indicates confidence and accumulation.
– If the realized price rises above the market price, it could signal selling pressure.
Currently, the trend remains stable, but a sudden price drop below $56,000 USD could trigger a wave of selling.
Rising Realized Prices: A Sign of Further Growth?
Historically, Bitcoin often reaches 3 to 4 times its realized price in bull markets. With a current realized price of $43,600 USD, a peak value between $130,000 and $180,000 USD could be possible.
You should read that too:
-
Asian Slots – The Best Asia-Themed Online Slot GamesReading time: ~ 2 minutes
-
Crash Games in Online Casinos: A Review of Games and Providers
Reading time: ~ 2 minutes
-
Anime Slots – Anime-Themed Slots
Reading time: ~ 2 minutes
-
Food and Drink Slots: The Best Slot Games Inspired by Culinary Delights
Reading time: ~ 2 minutes
-
Space Slots – Best Space-Themed Slots
Reading time: ~ 2 minutes
For Bitcoin to reach this level, the following factors would need to materialize:
– Continued high capital inflows
– Institutional investments
– Limited selling activity from large holders
If this trend continues, Bitcoin could indeed surpass the $150,000 USD mark.
Our Assessment
Current data indicates a strong market structure. As long as the realized price continues to rise and remains below the market price, this suggests healthy accumulation. However, the risk of a sudden downturn remains.
In the short term, Bitcoin may continue to be volatile. In the long term, historical patterns suggest that higher price targets are possible. However, investors should be prepared for potential corrections.
| Wagering requirements | 35x bonus |
| 35x free spins winnings | |
| Minimum deposit | €20 |
| Maximum bet | €5 |
| Bonus validity | 30 days to claim |
| 14 days to wager / 7 days for free spins |
- There is no maximum bonus amount.
- 10 Free Spins per day over ten (10) days on Gates of Olympus or Book of Ra Deluxe.
| Wagering requirements | 40x bonus |
| 40x free spins winnings | |
| Minimum deposit | 0.0005 BTC |
| Maximum bet | 0.00004 BTC |
| Bonus validity | 30 days after registration |
| 14 days (1st), 7 days (2nd), 1 day (3rd) |
- To get the bonus, enter the bonus code before the deposit.
- Minimum deposit: 0,07 BCH • 0,4 LTC • 233 DOG • 45 XRP • 0,01 ETH • 20 USDT • 69 ADA • 0,05 BNB • 184 TRX • 20 USDC.
- Maximum bet: 0.007 BCH • 0.0009 ETH • 0.04 LTC • 23 DOGE • 2 USDT • 4 XRP • 18 TRX • 7 ADA • 0.005 BNB • 2 USDC • 2 EUR • 2 USD.
- Free spins are provided in batches of 25 per day.
- Free spins are credited on the Gamebeat slots: Max Miner (1st), Book of Elixir (2nd) and Odin’s Tree (3rd).
| 1st deposit | 120% up to $500 + 100 Free Spins |
| 2nd deposit | 100% up to $300 + 100 Free Spins |
| 3rd deposit | 150% up to $500 + 100 Free Spins |
| 4th deposit | 100% up to $300 + 100 Free Spins |
| Wagering requirements | 45x deposit + bonus |
| 40x free spins winnings | |
| Minimum deposit | $10 (1st) |
| $15 (2nd-4th) | |
| Maximum bet | $5 per round |
| Bonus validity | 30 days to claim, 7 days (1st-4th) |
| 7 days for free spins |
- You must complete the registration and verification process, including a valid email or phone number, to qualify for this bonus.
- You must select the desired bonus during the deposit process.
- There is a maximum withdrawal limit of $10 from winnings derived from free spins.
Advertising transparency