Key Takeaways:
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Bitcoin’s realized capitalization hit a file $890 billion, reflecting robust investor conviction as long-term and short-term holders elevated allocations.
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Massive Bitcoin holders with over 1,000 BTC have amassed considerably since March 2025, reflecting the Q1 2024 development.
Bitcoin (BTC) value noticed a short-squeeze above $97,000 on Might 6, shortly after US Treasury Secretary Scott Bessent introduced that commerce talks would start with China on Might 10. On the identical time, BTC’s realized capitalization, a metric including the greenback worth of all cash at their final moved value, soared to a brand new all-time excessive of $890 billion on Might 7, 2025. The surge additionally marks the metric’s third consecutive week of record-breaking development.
The realized cap’s rise highlights the overall funding held by Bitcoin house owners, with long-term holders (LTHs) and short-term holders (STHs) rising their positions. It displays buyers’ conviction, signaling a possible anticipation for a value breakout.
Latest market developments have supported this optimism. Cointelegraph reported that enormous Bitcoin holders have been actively accumulating Bitcoin since late March 2025. Knowledge signifies that wallets between 10 and 10,000 BTC added 81,338 BTC over six weeks. This accumulation alerts confidence within the present value uptrend and the potential for BTC returning to $100,000.
Glassnode knowledge revealed a notable rise in Bitcoin whale addresses holding over 1,000 BTC, climbing from 1,945 on March 1 to 2,006 on Might 7. This marks essentially the most important 30-day enhance for this cohort in 2025 and the best surge since Q1 2024, when the same accumulation development preceded Bitcoin’s all-time excessive in March 2024.
Related: Why is Bitcoin price up today?
Can Bitcoin rally to $100,000?
Bitcoin’s assist zone between $93,000 and $95,000 confirmed resilience on Might 6, with BTC bulls holding the extent, supported by exercise in lengthy perpetual positions.
There’s draw back liquidity between $91,600 and $89,000, which Bitcoin may retest if bearish momentum persists after this week’s FOMC minutes and Federal Reserve presser. Nonetheless, if BTC breaks above the resistance zone of $97,000 to $99,000, the upper timeframe (HTF) outlook may tilt towards bulls.
This resistance space carries weight resulting from a value cluster shaped in Q1, which beforehand led to a downward transfer. If BTC value clears $99,000, it’d shift market dynamics, probably pressuring quick positions and including to bullish liquidity.
The $100,000 stage seems to be extra of a psychological marker than a big resistance stage. If BTC surpasses the $97,000-$99,000 resistance and establishes it as assist, it may pave the way in which for a transfer towards $110,000, though this might rely upon market situations and momentum.
Michael van de Poppe, founding father of MN Capital, suggested that the dip under $94,000 and subsequent restoration could point out a market backside. He expressed optimism a few potential Bitcoin breakout to $100,000 throughout the subsequent two weeks.
Alternatively, crypto dealer Honey expected a gentle rise for BTC, predicting a brand new all-time excessive of $111,111 by the top of Q2.
Related: Bitcoin $1B daily realized profits signal ‘late-stage bull market’
This text doesn’t include funding recommendation or suggestions. Each funding and buying and selling transfer entails threat, and readers ought to conduct their very own analysis when making a choice.
