Bitcoin’s Realized Cap Suggests Potential for Further Growth
- Bitcoin’s Realized Cap has increased 2.1 times from its 2022 low.
- The previous cycle saw a peak growth of 5.7 times in Realized Cap.
- Current Bitcoin market pullbacks have rarely exceeded -25%.
- The current cycle mirrors the 2015-2018 bull run driven by spot market investors.
- Bitcoin is trading at $101,807, down over 3.5% in the past day.
Bitcoin’s Realized Cap has grown significantly since its last low, indicating room for further expansion as it follows trends similar to past bull runs. Despite recent declines, strong demand and ETF inflows suggest continued potential growth.
Source (2.6)https://dailyhodl.com/2025/02/01/historical-on-chain-metric-suggests-bitcoin-btc-has-more-room-to-run-according-to-glassnode-heres-why/?rand=59076
