Analysts Predict Continuation of Bitcoin Bull Market as Prices Remain Over $100,000

Bitcoin's current trading value is above $100,000, while its realized price hovers around $45,000, according to researcher Axel Adler. The realized price, a more accurate representation of market cost, measures the average price at which all Bitcoin was last moved on-chain.

The 30-day simple moving average is approximately 0.10% per day, indicating a sustained bull phase. Glassnode noted that Bitcoin’s realized capitalization grew by nearly $30 billion after stagnation in April, with the metric growing at around 3% per month. Although this confirms renewed capital inflows, the pace is slower than the aggressive accumulation seen in late 2024.

Meanwhile, CryptoQuant analysts reported a return of retail investors to the Bitcoin market, reinforcing bullish narratives.