A crucial bitcoin market indicator is signaling that the worst of the crypto crash might be over

60-second summary
Bitcoin's market price is nearing its realized fair value, a crucial indicator suggesting the worst of the crypto crash might be over. The metric, which calculates the average price at which coins were last sold, has been steadily decreasing, now standing at around $22,000, indicating a potential bottom for the market. This could signal a rebound in the coming weeks.
The metric shows bitcoin's market price is getting close to its realized fair value after the recent sell-off.