Not everyone is bearish among Bitcoin analysts, and one of them, CryptoQuant CEO Ki Young Ju, has the data to prove why. Uploading the latest readings from Bitcoin’s realized cap distribution, Ki argued that, in fact, BTC/USD is currently at a similar stage to March 2020. Realized cap reflects the price at which each Bitcoin last moved, and can be broken down into age bands. These, in turn, show the proportion of the BTC supply that makes up its realized cap which last moved a certain length ...
