Key Points
- Bitcoin’s realized cap has shown a significant increase, indicating a strong upward trend and fresh capital inflows.
- Despite gains, Bitcoin is still 43% away from bubble territory, suggesting potential for further growth.
Bitcoin [BTC](https://www.btcnews.com/price/bitcoin/) has been on an upward trajectory, evidenced by a significant increase in its realized cap over the past month.
The ceiling price has seen a sharp rise from $129K to $146K in a span of just 30 days, signifying a strong investor confidence and fresh capital entering the market.
Bitcoin’s Position in the Market
Currently trading at around $102K, Bitcoin is still significantly below what is typically considered a bubble.
It would require a surge of approximately 43% to reach levels that are considered as “bubble” territory, indicating that there is still room for growth.