Bitcoin has shattered all-time highs again, breaking the $100,000 barrier for the first time and surging to $103,620. This remarkable milestone marks a price level many thought impossible, solidifying Bitcoin’s position as a dominant force in global finance. The recent breakout comes with renewed enthusiasm, as market dynamics indicate Bitcoin’s rally may still have more room to grow.

CryptoQuant CEO Ki Young Ju highlighted a significant development, sharing a BTC cycle top indicator that suggests fresh capital is pouring into the market.

This inflow of liquidity has reignited bullish sentiment and signals that Bitcoin’s upward trajectory could extend further. The data reflects increasing confidence among investors, with institutional and retail participants driving demand.

As BTC continues its impressive ascent, analysts and traders closely monitor the $100,000 level to assess whether it can be maintained as solid support. The breakout signals strength, but market watchers warn that volatility could return as the crypto space navigates this historic moment.

Bitcoin Realized Cap Signals Growth

Since Tuesday, Bitcoin has seen a significant 10% surge, breaking through the psychological $100,000 mark and reaching $103,620. This move has reignited bullish sentiment across the market, with many questioning how far BTC can go. CryptoQuant founder and CEO Ki Young Ju has shared key insights from his latest analysis, indicating that fresh capital is fueling Bitcoin’s current rally.

Ki’s analysis reveals that the ceiling price has steadily increased as the realized capitalization grows. From $129K to $146K in just 30 days, the data suggests that Bitcoin’s rally is not yet nearing its top. BTC is still far from a bubble at its current price of $102K. 

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Author: Sebastian Villafuerte