Bitcoin price
Livedaily close · 31 Aug 2026You are inside the historical bear-market low window (day 777–924 after the halving). This is context from three cycles, not a forecast.
Phase zones derived from where the three prior cycles expanded and topped (peak window: day 371–546). Days since the April 2024 halving · log price · historical context, not a forecast.
Where are we in the cycle? — answered from real price history across the 2012, 2016, 2020 and current cycles. Historical context only; not financial advice, and not a forecast.
Price in Context
Today's price against its long-term trend (200-day average), the network's average cost basis (Realised Price) and the modelled electricity cost of new supply (Estimated Mining Cost) — what the level means, not just where it is.
Bitcoin currently trades above its 200-day moving average, above Realised Price, and above its Estimated Mining Cost. These reference prices show the market trend, the average holder's cost basis, and the modelled electricity cost of producing new supply — historical context, not a prediction.
The 1D view pulls live hourly data on demand. 1W–1Y use daily closes from the data sync, and the full-history view uses the weekly cycle series back to 2012. The headline price and 24h/7d figures are daily closes as of the last sync. The 200-day moving average is computed from the same daily closes (recovered from the Mayer-multiple series on the all-time view), and realized price comes from the live on-chain feed — it is drawn only across the window that feed covers, so the line starts where the real data starts. Estimated Mining Cost is a modelled estimate (average electricity cost per newly issued bitcoin, from live hashrate and documented assumptions — see its methodology); it is an estimate, not an exact break-even or a guaranteed support level, and the line is omitted entirely whenever its data is unavailable or more than seven days stale.
How has Bitcoin behaved month by month across the full record? Explore Bitcoin Seasonality → — monthly returns and distances from the Four Reference Prices, back to 2010.
Continue your journey
You know where the price sits against its reference prices. What does that level mean in the wider weekly picture?