Bitcoin Realized Cap Hits All-Time High: Wealth Flows In And Investors Hold

Bitcoin is now facing a critical test after breaking above the $87,000 mark, following several days of tight consolidation between the $82K and $85K range. This breakout comes at a pivotal time, as global macroeconomic uncertainty and geopolitical tensions continue to weigh on financial markets. With the U.S. and China locked in an escalating trade dispute, investors are closely watching Bitcoin’s next move as a potential signal for broader risk appetite.

Bulls are hopeful that this breakout signals the start of a new upward leg. After weeks of subdued momentum and fading selling pressure, many expect the market to regain strength if key resistance levels are broken decisively. However, volatility is likely to remain elevated throughout the week, making this a crucial moment for price confirmation.

Adding to the bullish sentiment, new data from CryptoQuant reveals that Bitcoin’s Realized Capitalization hit a new all-time high on April 14, 2025, reaching $872.2 billion. This metric, which reflects the aggregated cost basis of all BTC in circulation, indicates rising investor confidence. The climb suggests ongoing capital inflows and long-term holding behavior, reinforcing the possibility that Bitcoin’s current rally may still have room to grow.

Bitcoin Reclaims $87K: On-Chain Metrics Support An Uptrend

Bitcoin is now trading above short-term highs after reclaiming the $87,000 level just a few hours ago. The move signals growing bullish momentum, but traders are watching closely for confirmation of a sustained reversal. Price must break above stronger resistance levels to validate a new uptrend, especially as macroeconomic headwinds persist. Global tensions are rising once again, with the trade war between the United States and China intensifying, keeping financial markets volatile and investors cautious.

Despite the uncertainty, some on-chain metrics paint a much more optimistic picture. According to new insights from CryptoQuant, Bitcoin’s Realized Capitalization hit a new all-time high of $872.2 billion on April 14, 2025. Realized Cap measures the total value of all Bitcoin based on the price at which each unit was last moved—essentially the aggregated cost basis of the network’s holdings.

This metric differs from Market Cap, which is based on current price; instead, Realized Cap reflects actual capital invested in BTC. The fact that it continues to climb suggests growing confidence, increased capital inflows, and rising long-term holder conviction.

This surge could signal the market is in a period of accumulation. If prices remain stable or rise from here, we may be witnessing the setup for Bitcoin’s next major move.

BTC Tests Resistance –$90K Breakout Looms

Bitcoin is currently testing a key 4-hour resistance zone, with bulls struggling to reclaim the $88,000 level. After days of consolidation and a recent breakout above $87,000, momentum appears to be building—but the $88K level remains a significant barrier. To confirm a breakout and ignite a potential rally, BTC must hold above $86,000 and push decisively beyond the $90K mark. A clean move above this range would indicate a shift in market sentiment and possibly mark the beginning of a broader recovery trend.

However, risks remain. The 4-hour 200 MA and EMA are sitting just below current prices at around $84,000, acting as a key short-term support zone. If Bitcoin fails to hold these moving averages, bearish pressure could return swiftly. A drop below $84K could send BTC back toward the $80K region—or even lower—invalidating the recent bullish attempt.

With global macroeconomic uncertainty and market volatility persisting, traders are closely watching the $88K breakout zone and short-term support levels to gauge Bitcoin’s next move. For now, BTC remains at a pivotal point, caught between building bullish momentum and the risk of another leg down.

Featured image from Dall-E, chart from TradingView