$22,400 marks the start of possible bottom territory, consensus says, but the downside targets technically extend all the way to $11,000.
Bitcoin (BTC) is trading at its lowest since mid-December 2020 on June 13, but the bottom could be anywhere.As the weekend sell-off intensifies, BTC/USD has now broken below its realized price for the first time since March 2020, data from Cointelegraph Markets Pro and TradingView confirms.Bitcoin clings to realized priceAt around $23,400, realized price — the average price at which each BTC last moved — is acting as the first solid support so far on lower timeframes.Bitcoin realized price vs.