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Realized Price Rolling 1Y

Realized Price smoothed with a one-year rolling mean. The annual smoothing strips short-term oscillation to expose the calm macro trajectory of the aggregate cost basis across a market cycle.

Tier performanceOn-chain Bitcoinvaluationrealized-pricerollingtrendmacro

What is it?

This metric applies a one-year rolling mean to Realized Price. The annual smoothing strips short-term oscillations to expose the underlying trajectory of the aggregate cost basis at the cycle scale. Recomputed from native realized price.

How to read

The slope is the main information: a rising slope indicates net accumulation at increasing prices; a flat or slight decline indicates distribution or capitulation. The 1-year smoothed version reacts slowly and confirms macro trends rather than short-term moves.

Key zones

The smoothed level acts as a baseline cost floor: spot price rarely crosses below it durably, those crossings having historically coincided with capitulation phases. Enable the BTC overlay to situate spot.

What to observe

Watch slope inflections: a flattening after a rise often marks a cycle transition. Compare the distance between spot price and the smoothed Realized Price to gauge valuation extension.

Historical context

The 1-year smoothed Realized Price has seen only rare declines, concentrated on major cycle capitulations. Its slope flattened ahead of each major market transition, offering a more stable macro reference than raw realized price.

Expert notes

The annual smoothing introduces about a six-month lag on inflections - the cost of a robust macro reading. Combine with raw realized price to catch reversals earlier.

Common mistakes to avoid

The 1-year smoothing is not a precise tradable support level: it is an underlying average. Its slope matters more than its exact value. Do not interpret it as a price target.

Programmatic access

REST API

curl -sS \
  'https://api.trinityinsights.io/api/v1/onchain/realized-price-rolling-1y/history?days=90' \
  -H 'X-API-Key: $TRINITY_API_KEY'

MCP server

{
  "tool": "get_chart_value",
  "metric_id": "realized-price-rolling-1y",
  "timeframe": "1y"
}

Required tier: performance. See the pricing grid for the tier list and the MCP documentation for multi-client configuration.

Related metrics

Institutional disclaimer

Trinity Insights is an educational and analytical tool. The metric above does not constitute investment advice. Trinity Insights is not a Crypto-Asset Service Provider (CASP) registered under MiCA Regulation (EU) 2023/1114. See the full disclaimer.