Analysis: The average purchase price for Bitcoin buyers in 2024 is $65,901, with an unrealized profit rate of about 40%
According to CoinDesk, the average purchase price for Bitcoin buyers in 2024 was $65,901. With the market closing at around $93,000 on December 31st, the average unrealized profit rate for 2024 buyers was about 40%. When the Bitcoin price falls below the average purchase price of a previous period, it often signifies a local bottom in pricing. This situation occurred once after an ETF launch in January 2024 and several times mid-year; monitoring group averages is a profitable trading strategy. Entering into 2025, the average cost of Bitcoin is approximately $95,500. Buyers made slight profits at the beginning of the year and as of press time, Bitcoin stands at around $96,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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