[Viewpoint: Realized Price of Bitcoin Short-Term Holders Serves as Bull Market Benchmark Support Indicator, Often Followed by Pullbacks if Breached] BlockBeats News, September 16, glassnode stated that during a cryptocurrency bull market, the realized price of Bitcoin (BTC) short-term holders essentially acts as a benchmark support level. As long as the price remains above this level, the overall trend remains bullish; however, once this support is breached, it is often accompanied by a market contraction or pullback phase.