Bitcoin Realized Cap Hits Historic High as Long-Term Holders Drive Bull Market Confidence
Bitcoin remains in a confirmed bull market, as on-chain metrics—particularly the realized capitalization—have surged to record highs, now exceeding $934.88 billion. This growth is fueled by long-term holders (LTHs), who are accumulating more coins and have pushed their realized cap above $37 billion, the highest since mid-2023. Despite recent price stagnation and declining trading volumes, on-chain analysts highlight the resilience of market sentiment, with long-term investors maintaining strong conviction and refraining from significant selling during volatile periods. Experts anticipate continued growth in realized cap and support levels, which typically stabilize price corrections and encourage upward momentum. Forecasts suggest a potential healthy correction toward $95,000 could precede a rally as high as $125,000, while Bitcoin’s current price hovers near $106,000. For crypto traders, the sustained capital inflow, robust on-chain support, and LTH activity signal enduring bullishness and market stability in both short- and long-term perspectives.
Bullish
The news indicates that Bitcoin’s realized cap has reached an all-time high, and long-term holders are accumulating coins rather than selling, even during price volatility. On-chain data confirms strong support levels and steady capital inflows, both of which are historically correlated with price resilience and upward movement. Although a correction towards $95,000 is possible, analysts view it as a healthy retracement that could precede further gains. The combination of robust long-term holder activity, reduced selling pressure, and positive on-chain metrics signals a strong and sustained bullish sentiment for Bitcoin, supporting continued price appreciation in both the near and long term.