Bitcoin Records An All-time High In Realized Market Capitalization

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Bitcoin’s Realized Capitalization recently reached a record level of $882.2 billion, beating its previous All Time High. But what does this indicator really mean? Unlike market capitalization, which is based on the current BTC price multiplied by the total supply, Realized Capitalization takes into account the value of each bitcoin based on the price at which it was last moved. It therefore better reflects the actual investment in the asset.
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The fact that this metric is hitting highs is proof of investors’ confidence in bitcoin. According to CryptoQuant, the analytics platform that noted this ATH, such a historic accumulation of Realized Cap has historically been followed by a bullish rally.
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In other words, if investors continue to accumulate without selling, a bitcoin price takeoff could be imminent. It is interesting to note that this data does not account for bitcoins lost or left aside for years, which reinforces the validity of this accumulation.
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It is clear that bitcoin, though in a stagnation phase, remains in a positive dynamic. Its price fluctuates between 92,000 and 95,000 dollars, but this stability could be the key to its future rise. Far from being a sign of weakness, these sideways movements are often a prelude to a new bullish surge.
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Indeed, bitcoin’s history shows that after every consolidation phase, the price has often experienced a sharp increase. This accumulation during calm periods is thus seen as a waiting moment before a price explosion.
Investment volumes and Realized Capitalization continue to grow, which could very well signal the preparation of a new bullish wave.
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