{"id":26874,"date":"2025-05-15T07:47:12","date_gmt":"2025-05-15T07:47:12","guid":{"rendered":"https:\/\/dogewisperer.com\/bitcoin-metrics-align-for-extended-bull-run-as-price-holds-above-six-figures-analysts\/"},"modified":"2025-05-15T07:47:12","modified_gmt":"2025-05-15T07:47:12","slug":"bitcoin-metrics-align-for-extended-bull-run-as-price-holds-above-six-figures-analysts","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26874","title":{"rendered":"Bitcoin Metrics Align for Extended Bull Run as Price Holds Above Six Figures: Analysts"},"content":{"rendered":"<div>\n<p>Bitcoin is trading above $100,000 while its realized price is around $45,000, observed CryptoQuant researcher Axel Adler on May 14.\u00a0He added that the daily realized price yield ranges from 0.10% to 0.23%, which is roughly 36% to 85% annualized.<\/p>\n<p>Bitcoin\u2019s realized price reflects the average price at which all BTC was last transacted on-chain, weighted by the supply. It offers a more accurate representation of the market\u2019s cost basis compared to the current market price.<\/p>\n<p>Meanwhile, the 30-day simple moving average is around 0.10% per day or around 35% to 40% annualized.<\/p>\n<blockquote>\n<p>\u201cThese positive yet moderate returns indicate a sustained bull phase underpinned by solid fundamentals,\u201d he said.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Bitcoin is trading near $100K, with the realized price around $45K and still climbing. Daily RP yield ranges from 0.10% to 0.23% (approximately 36\u201385% annualized), while the 30-day SMA sits at about 0.10% (around 35\u201340% annualized).<\/p>\n<p>These positive yet moderate returns indicate\u2026 <a href=\"https:\/\/t.co\/yv4yyAojf7\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/yv4yyAojf7<\/a><\/p>\n<p>\u2014 Axel Adler Jr (@AxelAdlerJr) <a href=\"https:\/\/twitter.com\/AxelAdlerJr\/status\/1922587383028961468?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">May 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Retail Returning to Markets<\/h2>\n<p>Glassnode reported that Bitcoin\u2019s realized capitalization has added almost $30 billion after a period of stagnation in April. The metric is growing at roughly 3% per month, it added.<\/p>\n<p>However, while the uptick confirms renewed capital inflows, the pace still lags behind the aggressive accumulation seen in November and December 2024 following the election of US President Donald Trump.<\/p>\n<p>It also <a href=\"https:\/\/x.com\/glassnode\/status\/1922638034656239968\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">observed<\/a> that Bitcoin\u2019s long-term holder realized price has climbed to $45,340, \u201creflecting the aging of coins bought around $90K to $100K into long-term status.\u201d\u00a0Buyers from December are now long-term holders, \u201cgradually lifting the cohort\u2019s cost basis,\u201d it added.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">After a period of stagnation in April, <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#Bitcoin<\/a>\u2018s Realized Cap has added nearly $30B, currently growing at ~3% monthly. While the uptick confirms renewed capital inflows, the pace still lags behind the aggressive accumulation seen in Nov\u2013Dec \u201924. <a href=\"https:\/\/t.co\/kE6EbuevlC\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/kE6EbuevlC<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/1922607832933015634?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">May 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>This signals reduced selling pressure as distribution risk from the long-term holder cohort eases, keeping sentiment bullish.<\/p>\n<p>Meanwhile, CryptoQuant analysts <a href=\"https:\/\/x.com\/cryptoquant_com\/status\/1922590807124476372\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">reported<\/a> that retail was <a href=\"https:\/\/cryptopotato.com\/retail-bitcoin-investors-are-returning-a-sign-of-renewed-confidence\/\" data-wpel-link=\"internal\">returning<\/a> to Bitcoin markets. On May 14, they noted that small retail investors with balances below $10,000 were gradually returning to Bitcoin, signaling renewed market confidence.<\/p>\n<p>From April 28 to May 13, there was a 3.4% increase in purchases from this group. \u201cAs they enter the market, they tend to create a positive feedback loop, reinforcing bullish narratives and increasing buying pressure,\u201d they said.<\/p>\n<h2>BTC Price Outlook<\/h2>\n<p>Bitcoin\u2019s intraday high was just over $104,000 on Wednesday, but <a href=\"https:\/\/cryptopotato.com\/ethereum-eth-flies-to-11-week-high-bitcoin-btc-rejected-at-105k-market-watch\/\" data-wpel-link=\"internal\">markets<\/a> have cooled off since, with the asset falling below $102,000 during the Thursday morning Asian trading session.<\/p>\n<p>It has spent a week holding <a href=\"https:\/\/cryptopotato.com\/bitcoin-breaks-100k-again-as-macroeconomic-conditions-turn-favorable-bitfinex-alpha\/\" data-wpel-link=\"internal\">above six figures<\/a>, however, and the longer it does so, the more likely it is to move higher.<\/p>\n<p>BTC has made 20% over the past month and is currently just 5.6% away from its January all-time high of $108,786, <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">according<\/a> to CoinGecko.<\/p>\n<p>Technical analyst Tony Severino said that range breakouts \u201ctend to be strong and happen in one large weekly candle,\u201d suggesting that this could happen by the end of May.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Range breakouts in Bitcoin tend to be strong and happen in one large weekly candle, closing above the upper Bollinger Band for confirmation<\/p>\n<p>Bulls want to see this within two weeks, leading to a strong May close <a href=\"https:\/\/t.co\/LydL73how3\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/LydL73how3<\/a><\/p>\n<p>\u2014 Tony \u201cThe Bull\u201d Severino, CMT (@TonyTheBullCMT) <a href=\"https:\/\/twitter.com\/TonyTheBullCMT\/status\/1922791474535580093?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">May 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-metrics-align-for-extended-bull-run-as-price-holds-above-six-figures-analysts\/\" rel=\"nofollow\">Bitcoin Metrics Align for Extended Bull Run as Price Holds Above Six Figures: Analysts<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is trading above $100,000 while its realized price is around $45,000, observed CryptoQuant researcher Axel Adler on May 14.\u00a0He added that the daily realized price yield ranges from 0.10% to 0.23%, which is roughly 36% to 85% annualized. Bitcoin\u2019s realized price reflects the average price at which all BTC was last transacted on-chain, weighted [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26874","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26874"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26874\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}