TechFlow, May 19 — According to Matrixport analysis, the Market Cap to Realized Cap Ratio indicator for Bitcoin has recently turned bullish again. This rare signal suggests that Bitcoin may be regaining upward momentum. As observed by independent analyst Markus Thielen, such a reversal within just a few weeks is uncommon but not unprecedented—similar conditions occurred in 2020, when it was identified as a mid-cycle slowdown. If this positive momentum holds, Bitcoin could reach new all-time highs.
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