Crypto

Bitcoin broke the capitalization record made for the 4th consecutive week – is a new ATH in sight?

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The latest chain data reveals that Bitcoin (BTC) has broken its top of all time (ATH) in the capitalization carried out for the fourth consecutive week. Simultaneously, Bitcoins whalers and stock -up funds (ETF) regularly increase their assets – indicating growth Trust of investors.

Bitcoin realized that capitalization hits New Ath

According to a recent post of cryptocizing Quicktake of the contributor Carmelo_aleman, the capitalization made of Bitcoin exceeded its previous record, reaching more than $ 906 billion on May 18, 2025. This stage marks the fourth consecutive week during which this key to the metric of the chain has reached a new summit.

CQ1
Source: Cryptocurrency

For the uninitiated, the capitalization made of Bitcoin is the total value of all BTCs in circulation, calculated according to the price that each part has evolved in last time rather than on the current price of the market. This metric offers a more precise reflection of the real conviction for capital entries and investors, excluding sleep or lost coins.

Carmelo notes that BTC is consolidated near the daily resistance level of $ 104,731 for almost 10 days. During this phase, the main cryptocurrency continued to accumulate capital, perhaps preparing for a significant escape.

If BTC can violate this resistance, the next major obstacle is at $ 107,757. The lighting of this level could open the door to a new record of all time, supported by several bullies in chain. Carmelo adds:

On May 8, when this phase linked to the beach started, the total value of all UTXOS was $ 891,642,58, which means that in just 10 days, new Bitcoin investments added $ 14,399,578, reflecting an increase of 1.61% of the capitalization made.

According to Bitcoin UTXO value bands, the most important accumulation in the last 10 days is from wallets holding 100 to 1,000 BTC. These portfolios increased their collective assets by 5.56 million BTC to 5.68 million BTC, which represents a gain of 2.20% during this period.

CQ3
Source: Cryptocurrency

Among the ETFs, the Blackrock FNB Ibit Spot is distinguished as the only major fund to increase its exposure to the BTC. Its assets went from 621,600 BTC to 631,902 BTC, an increase of 1.66%. On the other hand, most of the other ETFs have either made profits or have held their stable positions.

CQ4
The FNB Ibit Bitcoin Spot of BlackRock has increased its BTC holdings | Source: Cryptocurrency

BTC heading around $ 120,000?

As Bitcoin is only negotiated by 5.1% below its current ATH, analysts speculate on potential upwards for this market cycle. A model, the Wyckoff accumulation model, suggest BTC could exceed $ 120,000.

The fact of supporting this Haussier account more is the fact that nearly 100,000 BTCs have been withdrawn Exchanges in the past three weeks – often a sign of long -term accumulation and reduction in sales pressure. At the time of the press, BTC is negotiated at $ 103,450, down 1.2% in the last 24 hours.

bitcoin
BTC is negotiated at $ 103,450 on the daily graphic | Source: BTCUSDT on tradingView.com

Star image of Unsplash.com, cryptocurrency graphics and tradingView.com

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