[Analysis] "Bitcoin (BTC) Shows Signs of Continued Bull Market?... Realized Market Cap Increases & New Investor Inflow"

Minseung Kang

Summary

Analysis suggests that Bitcoin's realized market cap increase indicates a potential continuation of the bull market.
Bitcoin's realized market cap reached an all-time high as new investor inflow increases.
The high percentage of long-term investors suggests the market may not have reached its peak yet.

Analysis suggests Bitcoin (BTC) is likely to continue its bullish trend.

On the 13th, MAC_D analyst from CryptoQuant, a cryptocurrency analysis platform, stated through a QuickTake report, "While Bitcoin's price temporarily declined, its realized market cap has increased," suggesting "this indicates that Bitcoin's bull market is not yet over."

According to CryptoQuant, Bitcoin's realized market cap surpassed $857 billion, reaching an all-time high. Despite selling pressure from long-term investors, the realized market cap continues to rise due to increased inflow of new investors. Typically, an increase in realized market cap indicates a continuing bull market.

The analyst added, "When Bitcoin reached its peak in the last cycle, the proportion of long-term investors was 15.66%," noting that "currently, the proportion of long-term investors remains high at 39.74%, suggesting the market likely hasn't reached its peak yet."

Furthermore, they emphasized that "investors should also consider macroeconomic factors such as trade conflicts and inflation," adding that "while these factors may cause short-term corrections, the long-term upward trend is likely to continue."

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