Bitcoin’s Bull Run: Not Dead Yet!

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<a href="https://jpygbp.com/btc-usd/">Bitcoin</a>‘s Bull Run: Not Dead Yet!

Oh, the Bitcoin roller coaster! It soared to a jaw-dropping $123,000—only to hit a little bump as sell-offs came crashing down. And of course, the rumor mill goes wild: “Is this the end? Has the bull market finally met its fate?” But wait—enter the Realized Price Theory, that brainy, twisty idea that tells us Bitcoin always rockets past its previous highs before taking a breather. In other words, maybe our digital darling still has a few surprises left! ☺️

How Bitcoin Cycle Tops Measure To Previous Realized Price

Crypto oracle Gert van Lagen hopped on X (formerly Twitter) to drop a bombshell: “Bitcoin hasn’t peaked yet!” It all comes down to its Realized Price—the secret sauce that tells us by how many multiples Bitcoin will rocket before calling “cut!” It’s like a Mel Brooks plot twist: you think it’s over, then—bam—it surprises you all over again.

Let’s take a trip down memory lane! Back in 2011, Bitcoin was the life of the party, rising 8x its realized price before finally taking a bow. Then in 2013, it staged a similar comeback, hitting a 6x run before calling it quits. And in the next bull run starting in 2017, our beloved BTC pulled off a 5x performance. It’s like a cosmic game of “one more time, folks!”

Fast forward to 2021: despite a gut-wrenching COVID market crash, Bitcoin rallied like a champ—rallying 4x its realized price to hit a sparkling $69,000 top. And now, according to the data wizards at Glassnode, the current Bitcoin realized price sits at a modest $51,000. That means so far, we’re only at 2x. But if history has any say—and it always does—Bitcoin might be gearing up for a 3x multiple. That could very well send it soaring to a stratospheric $150,000! So, is the bull market truly on its last legs? Perhaps not. Maybe there’s still plenty of runway left for our digital money rocket. 😂



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2025-08-02 13:14