Main takeout:
Bitcoin’s realized capitalization recorded $ 890 billion, and long -term and short -term holders reflected strong investor convictions.
Large Bitcoin Holders with over 1,000 BTCs have been largely accumulated since March 2025, reflecting the Q1 2024 trend.
Bitcoin (BTC) Price has seen a short distance of more than $ 97,000 on May 6. Immediately after the US Treasury Secretary SCOTT BESSENT announced that the trade talks with China will begin on May 10, BTC’s realization capital is a prohibition of adding all the dollar value of all coins at $ 890 billion in $ 890 in May. Metric’s record growth for three consecutive weeks.
The RISE of the realized CAP emphasizes the total investment owned by the Bitcoin owner, and the long -term holder (LTH) and the short -term holder (STHS) increase the position. It reflects the beliefs of investors and expresses potential expectations for price breakouts.
The recent market trend has supported this optimism. Cointelegraph has reported that a large Bitcoin holder has been actively accumulating Bitcoin since late March 2025. According to the data, the wallet between 10 and 10,000 BTC has added 81,338 BTC over six weeks. This accumulation indicates the possibility of trust and BTC return to $ 100,000.
According to GlassNode data, the Bitcoin Whale address has 1,000 BTC and climbed from 1,945 on May 7 to 2,006 on May 7. This is the most important 30 -day increase since 2025, similar to the largest 30 -day increase in Cohort, when it was preceded by Bitcoin’s highest level in March 202.
Related: Why is the price of bitcoin today?
Can Bitcoin cost $ 100,000?
BTC BULLS showed the support area of Bitcoin between $ 93,000 and $ 95,000 on May 6, while BTC Bulls was supported by activities in long eternal locations.
The falling liquidity between $ 91,600 and $ 89,000 can be tested by Bitcoin again if the weak momentum continues after the FOMC and Federal Reserve Presser this week. However, if the BTC divides the resistance area to $ 97,000 to $ 99,000 or more, the higher time frame (HTF) view can include towards the bull.
This resistance area delivered weights due to the price clusters formed in the first quarter, and previously downward movement. If the BTC Price removes $ 99,000, it can change market epidemiology to press potentially short positions and add strength.
The $ 100,000 level seems to be psychological markers rather than a significant resistance level. If the BTC surpasses $ 97,000-$ 99,000 resistance and sets it to support, it depends on the market situation and momentum, but you can open the way to move to $ 110,000.
Michael Van de Poppe, the founder of MN Capital, suggested that deep and recovery of less than $ 94,000 can represent the market floor. He expressed the optimism of the potential Bitcoin brake out in the next two weeks to $ 100,000.
On the other hand, the encryption merchant honey expected a steady rise in BTC and predicted up to $ 111,111 in the new history by the end of the second quarter.
Related: Bitcoin $ 1B profit signal ‘late stage fire market’
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.