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#1045 Dylan LeClair On How Bitcoin Humbled Everyone

The Pomp Podcast

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Can the Realized Price Really Go Down?

It's usually kind of flat to up, just given the way that it's calculated as kind of like a type of moving average. It goes down or trends up, based on whether whether coins are being spent,. If they're like spent, i mean being moved from from the last time they were there, moved on chain at a profit or a loss. For the first time ever, te qoins is below its 200 week moving average. So what does that mean? Ath average, four year d c ar, the first time in bickin's historis, is under water. We see it certainly doesn't mean that more downside can't happen, men. Everybody needs to

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