On-chain data suggests Bitcoin price is discounted, but analysts caution against expecting a rapid recovery.
Bitcoin is discounted near its ‘realized’ price, but analysts say there’s room for deep downside
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvNDFmMjc4N2EtM2I5YS00YzBhLTgzZDYtYWYzNDE0MDNjYmQ0LmpwZw==.jpg"></p><p>On-chain data suggests Bitcoin price is discounted, but analysts caution against expecting a rapid recovery.</p>
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