The realized market capitalization of Bitcoin has reached record levels for three consecutive weeks, indicating growing investor confidence in this cryptocurrency.
Record Realized Capitalization
Bitcoin continues to showcase strong fundamentals, with its realized market capitalization reaching an all-time high (ATH) for the third consecutive week. This trend highlights a renewed wave of confidence in the leading cryptocurrency, signaling potential for sustained upward momentum.
Activity of Long- and Short-Term Holders
The rise in realized cap is being driven by activity from both long-term holders (LTHs) and short-term holders (STHs). According to data shared by @oro_crypto, both groups are contributing to this historic level, strengthening their positions as confidence in the market grows.
Signals of Market Recovery
As realized cap continues to rise, many analysts view it as a leading indicator of a recovering market. It shows that investors are willing to hold Bitcoin at elevated price levels, betting on further upside.
The trend in realized cap serves as confirmation that the market is on the path to recovery, with the potential for sustained price growth in the future.
