Cryptocurrency analyst James Van Straten has shared a remarkable analysis of $BTC recent price movements.

Van Straten argues that the record highs in question — $20,000 in 2017, $69,000 in 2021 and $109,000 in 2025 — do not accurately reflect investors’ profitability and market sentiment. Instead, he points out that the metric known as “realized price” is much more meaningful.

#BTC110KToday?