“On -chain Data Shows of the Realized Price Has Climbed Above the 200-Week Moving Average, A Historical Signal of Sustaned Bull Markets.”, – WRITE: www.coindesk.com
Surged Past $ 124,000, Setting ITS Fourth All-Time High of 2025.
On -chain Data from Glassnode Suggests This Could Mark The Early Stages of a Continued Bull Market.
A Key Metric Underpinning This View is the Realized Price, Whosh Measures of the Total Value of All Bitcoins at the Price They Were Last Moved On-Circular, DiVIDED. This Metric At $ 51.888 Has Now Climbed Above Bitcoin’s 200-Week Moving AVERAGE (200WMA), A Long-TrendLine ofTen Seen As a Dividing Line Between Bear.
History Shows that kind of realized Price Moves Above the 200wma and Continues Higher, As It Did in the 2017 and 2021 Cycles, The Uptrend Is Sustaned For a Longer Time. The 200wma Currently Stands at $ 51.344, Acting As A Long-Term Support Level that Has Historically Defined the Floor During Bear Markets.
This Level Has Only Been Breached During Periods of Extreme Market Stress. The MOST RECENT EXAMPLE CAME at the END of the 2022 Bear Market, WHEN BITCOIN FELL SHARPLY AMID The FTX COLLAPSE. The Realized Price Dropped Below The 200wma in June 2022 and Remated There for Nearly Three Years Before Reclaiming It in 2025.
Breaking Back Above The 200wma is Significant, As It Indicates Renewed Investor Confidentnce and A Shift in Market Structure.
If Historical Patterns Hold, This Technical Development Could Be The Precursor To A Sustaned Rally. With macroconomic conditions and institctional interest aligning, Bitcoin’s Recent Price Action May Be the Opening Chapter of Its Next Major Growth Phase.
Read More: Who is Cashing Out of Bitcoin at Record Highs Above $ 120k?
In addition to his professional endeavors, James Serves as an Advisor to Coinsilium, A UK Publicly Traded Company, WHERE HE PROVides Guidance on Their Bitcoin Treasury Strategy. He Also Holds Investments in Bitcoin and Strategy (MSTR).
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The yen is no Longer the most attractive funcing Currency, and the Currency’s Strenguth May Not Necessarily Lead to Broad-Based Risk Aversion, One Expert Said.
- The yen strengten against the dollar and bitcoin after US treasury sectary Scott Bessent Said the Bank of Japan is Likely to Raise Interest Rates.
- Bessent Criticized The Bank of Japan for Being Being on Inflation Control, Contrasting with Boj Governor Kazuo Ueda’s Cautious Approach to Rate Hikes.
- The Yen is no Longer the most attractive Funding Currency.
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