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Tag: #realizedcap · 1 posts
Posted Apr 11
🚀 Bitcoin's Realized Cap Shows Improvement Amid Capital Rotation Bitcoin's realized capitalization has seen a notable improvement, according to Darkfost. The metric increased from -$28.7 billion at the end of February to -$3 billion, as stablecoin capitalization decreased from over $6 billion to -$1 billion. This shift indicates a capital rotation back into Bitcoin. According to NS3.AI, Michaël van de Poppe noted that speculators are currently net long on Bitcoin, suggesting that BTC could potentially reach $80,000–$85,000. However, he warned that the current setup suggests volatility rather than a guaranteed breakout. #Bitcoin#RealizedCap#CapitalRotation#Stablecoin#BTC#MichaëlvandePoppe#Volatility#Cryptocurrency