Bitcoin achieved capitalization record 906 billion dollars

Bitcoin has placed a new milestone in the scales on the chain. The achieved value has reached the highest new level of 906.04 billion dollars for the fourth week in a row. This scale reflects the total value of all the outputs of Bitcoin transactions (UTXOS) based on the purchase price, and has now exceeded its previous record with BTC continues to integrate decisive support of $ 103,000.

Experts say this trend can pave the way for a historical bull.

The upward collapse forward?

Since the current stage of the range began on May 8, Bitcoin has absorbed an additional $ 14.4 billion in the new capital, an increase of 1.61 % in the achieved capital.

According to the latest Cryptoquant a reportThis is an indication of the flow of the fixed investor. It also indicates that once the Bitcoin cleansing the resistance level of 104,731 dollars, the next goal can start at $ 107757, which can open the door in turn to the highest new level ever.

Interestingly, leading a large part of this capital accumulation is large holders, as the value of the UTXO value of 100-1000 BTC increases by 122,540 BTC during the past ten days. This number represents an increase of 2.2 %.

The institutional interest is still uneven, but Blackrock appeared as the only main traded investment funds that add Bitcoin’s holdings during this period, which increased their balance by 10,302 BTC (1.66 %) to 631,902 BTC, while other funds have been reduced either exposure or fixed.

As such, Cryptoquant noticed that the upward trend in the real -confidence -confident capital signals. If this trend continues, it may support more prices and stimulate the historical bull run.

The Bitcoin explosion waves in June

The last Matrixport market to update He also repeated a similar trend, as Bitcoin’s increase found great support from multiple positive stimuli. The platform stated that the decisive negative risks, such as the pressure of the American technology sector due to the profits of the first quarter and the concerns about the prosecutor’s CAPEX, have reopened the door for asset growth. Strong profits and renewable obligations from major technology companies have helped restore the investor confidence and raise shares and encryption alike.

Political transformations also played a role, as US President Donald Trump has strengthened the incoming investments and potential political one such as extended tax cuts and the abolition of restrictions. Matrixport said it turned into a rise in mid -April, with the support of the trend model that indicates a reflection in the upward direction. The company expects a favorable window to the origins of risk until July, as this period coincides with the second quarter profit season, creating a 90 -day tariff, and peak liquidity conditions.

Another main catalyst is the upcoming payments of $ 5 billion in FTX payments in late May, which can flow into encryption markets and enhance momentum in June. Besides ETF stable flows and stablecoin growth, these factors may maintain bitcoin.