The realized capitalization of Bitcoin is approaching a critical support level, indicating a key point for the dynamics of supply and demand in the market.
There are two potential outcomes: the renewed demand indicates that long-term holders are interested, while a breach of the support level could trigger downward pressure. Realized capitalization tracks actual investment behavior, providing a clearer picture of market interest based on wallet-level transactions rather than speculation.
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The realized capitalization of Bitcoin is approaching a critical support level, indicating a key point for the dynamics of supply and demand in the market.
There are two potential outcomes: the renewed demand indicates that long-term holders are interested, while a breach of the support level could trigger downward pressure.
Realized capitalization tracks actual investment behavior, providing a clearer picture of market interest based on wallet-level transactions rather than speculation.