New money flowing into Bitcoin is growing at the highest ann

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New money flowing into Bitcoin is growing at the highest annual rate since mid-2022, with the realized cap increasing by $71 billion in the past year. This suggests rising investment flows and a potential surge in BTC's price. CryptoQuant's short-term price target for BTC is $56,000, based on the network activity valuation. The Metcalfe Price Valuation Band, which evaluates BTC's price based on active user addresses, supports this target level. As unrealized profit margins are still low (around 17%), BTC's price has room to increase further. So, keep your eyes on the prize and watch BTC continue to make waves#Write2Earn #BTC #Launchpool #TrendingTopic

New money flowing into Bitcoin is growing at the highest annual rate since mid-2022, with the realized cap increasing by $71 billion in the past year. This suggests rising investment flows and a potential surge in BTC's price.
CryptoQuant's short-term price target for BTC is $56,000, based on the network activity valuation. The Metcalfe Price Valuation Band, which evaluates BTC's price based on active user addresses, supports this target level.
As unrealized profit margins are still low (around 17%), BTC's price has room to increase further. So, keep your eyes on the prize and watch BTC continue to make waves#Write2Earn  #BTC  #Launchpool  #TrendingTopic  