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Balanced Price

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Price update 29 minutes ago
UTXO update 29 minutes ago

Balanced Price Explained

Balanced Price was introduced by on-chain analyst David Puell. It is calculated by subtracting Transferred Price from Realized Price, and has historically acted as a powerful bottom indicator — Bitcoin's price touching Balanced Price has coincided with generational bear market lows.

Transferred Price Formula
Transferred Price (USD) = ∑(Coin Days Destroyed × Price) / (Circulating Supply × Days Since Genesis)
Balanced Price Formula
Balanced Price (USD) = Realized Price − Transferred Price

Transferred Price captures the aggregate economic weight of every bitcoin transfer throughout history. It takes the cumulative sum of all Coin Days Destroyed weighted by the USD price on each day, then divides by the circulating supply and the age of the Bitcoin network in days.

Disclaimer
Any information found on this page is not to be considered as financial advice. You should do your own research before making any decisions.

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