Has the Crazy Rally in the Bitcoin Chart Ended? Analysis Firm Answered According to Special Metric

Cryptocurrency analysis firm Alphractal recently published an in-depth evaluation of Bitcoin focusing on the Realize Capitalization metric. Please provide the text to be translated The company noted that Bitcoin’s Realized Capitalization reached the same resistance levels previously observed in 2019 and March 2024.

Alphractal emphasized the Long-Term Realized Capital Impulse (LTRCI), designed to analyze movements in capitalization over long periods. This approach provides valuable insights into supply and demand dynamics, offering a more comprehensive perspective on market trends. LTRCI aims to uncover patterns that may go unnoticed in short-term analysis by focusing on longer time frames, shedding light on the impact of significant capital flows on price movements.

The company offers an innovative approach to analyzing Long-Term Realized Capital Impulse, demand from an in-chain perspective.

In addition, Alphractal also considers the Realized Capital Impulse, which focuses on shorter-term oscillations in the market. According to the company, this metric indicates that market enthusiasm has not fully materialized yet. This may indicate that Bitcoin has experienced significant movements in the past year or that there is still potential for growth. Please provide the text to be translated. The company also added a warning note: “While a decrease in this metric can negatively impact the price, an increase indicates a more positive and volatile market outlook.”

BTC0,24%
MART-1,38%
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