CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

CoinTelegraph 2025-05-14 17:31:25

Bitcoin bulls aim for new all-time highs by next week as capital inflows soar

Key Takeaways: Bitcoin’s realized cap has grown by $30 billion since April 20, reflecting steady investor confidence and new capital inflows. A Bitcoin price consolidation pattern forecasts a potential 10% breakout by next week. Bitcoin (BTC) continues to show strong bullish momentum as fresh capital inflows signal potential new price highs in the coming week. In an X post , Glassnode reported that Bitcoin’s Realized Cap, which measures the total value of BTC based on the price at which each coin last moved, grew by $30 billion since April 20, growing at a 3% monthly rate in May. The current realized cap is $900 billion. Bitcoin Realize cap. Source: Glassnode Though slower than the 8% spike in late 2024 when BTC hit $93,000, this growth reflects steady investor confidence and new capital entering the market. Adding to the optimism, Glassnode revealed a significant shift in market dynamics. The 7-day simple moving average (SMA) of Bitcoin’s Spot Volume Delta flipped positive, peaking near $5 billion on May 13. Bitcoin spot volume delta. Source: Glassnode This aggressive net spot buyer demand, seen only a few times this year as highlighted, confirms strong spot market conviction behind Bitcoin’s recent push above the $100,000 psychological resistance. The surge in spot buying pressure suggests institutional and retail investors drive the rally, not just leveraged trading. Despite the slower Realized Cap growth compared to late 2024’s $50 billion spike, the current market sentiment remains positive. Related: Strategy will beat all public equities with Bitcoin, analyst says Will Bitcoin gain 10% by next week? Bitcoin has shown a steady consolidation and expansion trend since forming a bottom around $74,500 in early April. Over the past four weeks, a pattern has emerged where each time Bitcoin hits a key level, it moves sideways before breaking out to a higher range. This pattern has repeated twice, with a third consolidation currently underway. Bitcoin 4-hour chart. Source: Cointelegraph/TradingView Each phase has followed a similar setup, forming higher upper and lower ranges. The bottom range is typically tested at least once before Bitcoin pushes to new highs. The relative strength index (RSI) has complemented this price action, reaching overbought levels during new highs and dropping to around 50 during sideways movement. Currently, Bitcoin is consolidating between an upper range of $105,700 and a lower range of $100,678. If the pattern holds, Bitcoin might retest the $100,000-$102,000 level before potentially breaking above $110,000. However, a bearish invalidation could occur if prices fall below $102,000 and fail to recover swiftly. Related: Market volatility indicator still points to $135K Bitcoin within 100 days — Analyst This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta