At $79,000, Bitcoin may feel expensive but on-chain data tells a very different story.

The US Bitcoin ETF realized price is now around $79K.

That means the average institutional investor (via ETFs) bought Bitcoin at roughly this level.

Historically, when Bitcoin trades at or near realized price, it signals:

Strong long-term support

Low downside risk

A zone where smart money accumulates, not sells

In previous cycles, buying Bitcoin close to realized price has offered one of the best risk-reward opportunities.

So while retail is scared and calling this “high,”

institutions are barely in profit.

👉 If Wall Street is comfortable buying here…

👉 And long-term holders aren’t selling…

Then $79K Bitcoin isn’t expensive it’s cheap.

Emotion says “too high.”

Data says “early.” 🚀

#btc70k #BTC走势分析