Cryptoquant’s experts said that the growth of the realized capitalization of bitcoin by $ 3 billion per day indicates the transfer of the market to the accumulation phase before the next impulse over the next few days.
According to analysts, a sharp jump in the implemented capitalization of the first cryptocurrency indicates the maintenance of asset purchases at an increasing cost. This increases the attractiveness of bitcoin and demonstrates the conviction of investors in the prospects of the coin.
Historically, the increase in the realized capitalization of cryptocurrency preceded a significant rise in the course, especially if it continued during the period of consolidation, experts say.
In the current situation, the market is preparing for a new breakthrough, since the accumulation of bitcoins is amplified at $ 100,000 at a key level of support, analysts noted.
Earlier, the cryptoanalyst and co -founder of the CMC Crest Foundation Willy Wooo said that the first cryptocurrency in the medium -term perspective will “settle” in the range of 8% of annual growth, which corresponds to the macroeconomic parameter of 3% of world GDP.
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Source: Cryptocurrency
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