Here’s Why $22,400 Could Be The Next Major Level To Break For Bitcoin

As Bitcoin continues its strong rally, $22,400 could be the level to watch next, if this on-chain metric is anything to go by.
Bitcoin Long-Term Holder Realized Price Is Currently Around $22,400
According to the latest weekly report from Glassnode, BTC broke through all three realized prices of the market back in April 2019. To understand the concept of “realized price,” the realized cap needs to be looked at first. The realized cap is a capitalization model for BTC that values each