Bitcoin Price Holds Near $78K Amid Strong Realized Capitalization Growth
The Bitcoin price has stabilized near $78,024 after experiencing a surge in realized capitalization by over $4.6 billion in one week.
This increase is the strongest short-term movement since the bear market began, but it's essential to note that a single weekly rise does not confirm a lasting shift in liquidity.
CryptoQuant contributor Darkfost observed that the growth rate still stands at 0.4% over the past 30 days, indicating improved liquidity but cautioning against premature conclusions.
Market analyst Crypto Patel views $83,000 as an invalidation point for his bearish setup and sees $50,000 to $55,000 as a potential downside objective if liquidity falters.