New cycle of bull? Bitcoin return to $ 100,000 hints on “significant price of moves”

Key points:

• The realized bitter cap beat the records and almost reached the brand for $ 900 billion.

• The market lays the foundations for “potentially significant prices”, says a new analysis.

• Taking a profit does not interfere with a total jump market.

Bitcoin (Btc) Sets the new all-time online in the network as a BTC price of the eye’s eyes return to six figures.

Data from Onchain Analytics Platform Cryptocual Confirms new record highs for the realized bitcoin cover.

CAP Bitcoin reflects “growing condemnation”

Bitcoin is worth more than ever in American dollar conditions if his market cap measures the value of the last offer last moved Orcain.

Known as a realized cap, this figure saw all the time heights since midprinter, such as BTC / USD phase, and from 79. May amounted to $ 891 billion.

“Bitcoin has experienced a constant flow of capital, reflecting the renewed interest in investors,” said Criptokuent Carributor Carmelo Aleman in one of her Blogs “QuickTake” blogs 7. May.

Aleman claimed that the realized Posttrend Captrond reflects the long-term market change over the entire spectrum of investor Bitcoin.

“This new-time of a highly realized CAP not only reflects the increase in invested capital, but also growing judgments in the long-term potential of Bitcoin as a financial asset,” post concluded.

“With extended accumulation from LTH and STS, the market seems to build a solid basis for potentially significant prices. If this trend continues, we could witness the early phases of the new cycle of the Battle.”

BTC capital inflow during 2023 years

As reported by Conintlegraph, concerns remain through the fate of the current market jump.

Related: BTC Dominance Due ‘Collapse’ at 71%: 5 Things You Should Know in Bitcoin this week

Missing due to taking profits A special form reasons for doubt that larger prices may not last – both LTH and STH entities have taken the opportunity to lock profits, with this average per day of $ 1 billion a day.

In the last edition of her regular newsletter “Sunday on despair“The research company glass, still claims that the purchase and sale requirements are balanced about $ 100,000.

“Pregnation in search of profit can be seen last weeks, and a recent set of powers in over 1b / day at a net inflow of capital,” he wrote.

“This indicates the initial demand return indicators, allowing the sellers to be locked in profit and talk to customers who are collected by coins at the current market price. This indicates the demand wave that enters the incoming offer.”

Vonce added that the search for profit, in fact, extended more than 18 months.

“From October 2023. year, it was especially due to capital inflows, and the inflow of capital consistently exceeds the outflow. This constant inflow of fresh capital serves as the entire constructive signal,” he said.

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