PlanB: BTC Above All Major Realized Prices, New High Expected This Cycle

The claim rests on a technical reading: with spot above the aggregate, 155-day and 2-year realized prices, the cost basis of most recent buyers sits in profit, which historically compresses the odds of a deep retracement toward the overall realized level. That framing matters for anyone using realized-price bands as a cycle map, though it is a single analyst's interpretation rather than a market-wide consensus. Whether those cost-basis lines keep holding as support, and whether the halving-cycle high thesis survives a sustained break below them, is the open question.