Bitcoin 'Realized Cap' hits $890B as BTC traders focus on recapturing $100K
Bitcoin (BTC) price experienced a short-squeeze above $97,000 on May 6, following the announcement of upcoming US-China trade talks. BTC's realized capitalization reached an all-time high of $890 billion on May 7, marking three consecutive weeks of record growth. Long-term and short-term holders are increasing their positions, indicating strong investor conviction. Large Bitcoin holders accumulated 81,338 BTC since late March 2025, reflecting confidence in a price uptrend. Whale addresses holding over 1,000 BTC rose from 1,945 to 2,006, the largest increase in 30 days for 2025. Bitcoin's support zone between $93,000 and $95,000 held firm, while downside liquidity exists between $91,600 and $89,000. A break above the $97,000-$99,000 resistance could shift market dynamics favorably. The $100,000 level is seen as a psychological marker. Analysts suggest a potential breakout to $100,000 within two weeks or a rise to $111,111 by the end of Q2.
