Net capital inflows into $BTC across halving cycles.
Realized Cap delta = actual capital flowing in/out of the network.
Current cycle tracking similarly to previous ones, but pace matters more than absolute numbers.
Watch for acceleration post-halving — that's when real FOMO kicks in.
If this cycle follows 2016-2020 trajectory, we're still early in the expansion phase.
Realized Cap delta = actual capital flowing in/out of the network.
Current cycle tracking similarly to previous ones, but pace matters more than absolute numbers.
Watch for acceleration post-halving — that's when real FOMO kicks in.
If this cycle follows 2016-2020 trajectory, we're still early in the expansion phase.