Key results:
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The completed capitalization of Bitcoin reached a record $ 890 billion, reflecting the forceful conviction of investors, because long -term and low -term owners augment allocation.
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Gigantic Bitcoin owners with over 1000 BTC have gathered significantly since March 2025, reflecting the Q1 2024 trend.
The price of Bitcoin (BTC) recorded a low amount above USD 97,000 on May 6, shortly after the Secretary of the US Treasury Scott Bessent announced that commercial talks would start with China on May 10. At the same time, BTC completed capitalization, the indicator adds Dollar values of all coins at their last price, widespread to a modern everything worth 80 USD, 2025. The third in a row week of record growth.
The realized CAP growth emphasizes the total investment of Bitcoin owners, with long -term owners (LTH) and low -term owners (STHS) increasing their position. It reflects the conviction of investors, signaling the potential waiting for a breakthrough.
Recent market trends have supported this optimism. Cointelegraph has announced that huge Bitcoin owners have been actively accumulating bitcoins since the end of March 2025. Data indicate that wallets from 10 to 10,000 BTC have added 81 338 BTC in six weeks. This accumulation signals trust in current price augment and the possibility of returning BTC to $ 100,000.
Glassnode data revealed a significant augment in bitcoin whale addresses containing over 1000 BTC, climbing from 1945. 1 March to 2 006 on May 7. This means the most vital 30-day augment for this cohort in 2025 and the highest augment from Q1 2024, when a similar accumulation trend preceded by bitcoins in March 2024.
Related: Why is the Bitcoin price increased today?
Can Bitcoin collect up to $ 100,000?
The Bitcoin support zone from 93,000 to 95,000 USD showed resistance on May 6, and Bulls BTC maintains the level, supported by activity in long eternal positions.
There is a liquidity defect between 91,600 to USD 89,000, which Bitcoin could test again if the bears of the shoots persist after a minute of FOMC this week and the pressure of the federal reserve. However, if the BTC break above the retaining zone in the amount of USD 97,000 to USD 99,000, higher perspectives (HTF) may tilt towards bulls.
This area of immunity transfers weight because of the price cluster created in Q1, which previously led to movement down. If the price of BTC cleans USD 99,000, this can change the dynamics of the market, potentially pressing on low positions and increasing the smoothness of the stubborn.
The level of 100,000 USD seems to be a more psychological marker than a significant level of resistance. If BTC exceeds the resistance from 97,000 to 99,000 USD and establishes it as support, it can pave the way to a transition to USD 110,000, although it depends on market conditions and shoot.
Michael Van de Poppe, founder of MN Capital, suggested that a decrease below USD 94,000, followed by recovery, may indicate the market bottom. He expressed optimism as to the potential Bitcoin breakthrough to $ 100,000 in the next two weeks.
On the other hand, Crypto Trader Honey expected A steady augment in BTC, predicting the modern highest level in history 111 111 USD to the end of the quarter.
Related: Bitcoin $ 1 billion per day implemented profits “Rynek of bulls in late stage”
This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.
