Bitcoin is down 30% from its October all-time high of $126,250 and down 17% in November, which is the joint worst month of 2025 and the weakest monthly performance since June 2022.
Having fallen below $90,000 early on Tuesday, bitcoin is now 43 days into its correction, placing it on a similar drawdown to the April 2025 correction when price fell from $109,000 to $76,000. However, that April correction lasted 80 days, roughly twice as long as the current one.
As a result of the selloff, bitcoin has dropped below the 2025 realized price at $103,227, on average the 2025 buyer is at a 13% loss. The realized price is the average cost at which coins were acquired, and this break signals that the average buyer in 2025 is now sitting on a loss.
A similar dynamic occurred earlier this year when bitcoin fell to $76,000 during the tariff tantrum. The realized price was $70,000 at the time, so spot never fell below it, according to Glassnode data.
Glassnode data shows that historically, bitcoin often dips below the realized price of the year and these periods have tended to offer good entry points. Since the 2023 cycle began, bitcoin has mostly treated each year's realized price as support, with brief moves below it in March 2023 during the Silicon Valley Bank collapse and in August 2024 during the Yen carry trade episode.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
