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Bitcoin Faces Extended Selling Pressure as Realized Cap Flatlines
Bitcoin ($BTC) keeps struggling under significant selling pressure without any signals of new capital inclusion. This stagnation has triggered apprehensions among analysts and traders. As per the CryptoQuant CEO, Ki Young Ju, Bitcoin ($BTC) is witnessing a flatlined Realized Cap. As a result of this, the current market scenario underscores a crucial turning point, where institutional inflows and long-term $BTC traders are shaping the market trajectory. tweet Based on the on-chain data, the Realized Cap of Bitcoin ($BTC) has turned stagnant. Historically, a flatlined realized cap occurs before prolonged ... (full story)
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