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Analyst: Bitcoin is below the average price achieved in 2025, and if it falls below this level, it will bring greater downward price pressure
2025-02-05 13:47

Odaily News Coindesk analyst James Van Straten said that Bitcoin is currently below the average realized price of $100,356 in 2025, hovering around $98,000. Historically, this indicator has been a strong support level for Bitcoin. James Van Straten added that a break below this support level does not necessarily mean a bear market or continued decline, because historically, Bitcoin can usually quickly recover to this price level. However, more than 2.6 million BTC are currently at a loss, and the longer the price remains below the average withdrawal level in 2025, the greater the possibility of further decline. (Coindesk)