New bull cycle? Bitcoin’s return to $100K hints at ‘significant price move’
From Cointelegraph
May 8, 2025 06:07 AM:
Bitcoin’s realized cap is nearing $900 billion, setting new record highs. Analysts predict a potential price breakout as profit-taking does not hinder the market’s bullish momentum. Data from CryptoQuant confirms growing investor interest, with $1 billion in profits taken daily. Glassnode reports buy and sell conditions are balanced at $100,000.
Read more at Cointelegraph: New bull cycle? Bitcoin’s return to $100K hints at ‘significant price move’