Bitcoin has recently reached an all-time high in Realized Capitalization at $882.2 billion, suggesting growing investor confidence despite a price range stuck between $92,000 and $95,000. Analysis reveals this could herald a bullish rally ahead, with current Bitcoin prices sitting at about $94,995.60, only 13% from its historical peak.
Bitcoin (BTC), the top cryptocurrency, has found itself fluctuating between $92,000 and $95,000 over the past week. While at first glance this might look like stagnation, Bitcoin has achieved a notable milestone—an all-time high (ATH) in a rather unconventional measurement.
According to CryptoQuant, a platform specializing in on-chain analytics, Bitcoin’s Realized Capitalization (BRC) has reached a record $882.2 billion. This metric measures the value of each Bitcoin based on the price at which it last changed hands, rather than the current market price. This is significant because it indicates the accumulated value of actual investments as opposed to mere market fluctuations.
Unlike traditional market cap, which takes into account the current price multiplied by the total coins in circulation, BRC provides a truer reflection of how much money is locked into Bitcoin. It also conveniently excludes coins that have been lost or remain untouched for years. So, despite Bitcoin being hesitant to surpass the psychological barrier of $100,000, the rising Realized Cap suggests a growing confidence among investors in the marketplace.
In fact, the uptick in BRC hints at a potential bullish rally on the horizon. Active investment in Bitcoin has surged, with more capital flowing into the asset. Such trends historically suggest that prior to major price movements, there tends to be increased accumulation. So, even though Bitcoin is sitting comfortably in the $90,000 range, this could be a precursor to substantial upward momentum in the near future.
At the time of writing, Bitcoin’s price is recorded at approximately $94,995.60, showing a modest increase of about 1.07% in the last 24 hours. It is now roughly 13% shy of its previous ATH of $109,114.88 from January 19, 2025. Given the current market indicators, investors are cautiously optimistic about a possible retest of that highest price point.
