Near $5 billion of “new money” chased Bitcoin in the last month, yet the rally lost steam.
📊 By the numbers
• Inflows hovered around $5 B over the 30‑day period ending Oct 5
• Realized cap rose, driven largely by existing holders
• Fresh capital contribution was minimal, per Glassnode data
• Price rally stalled despite the inflow boost
🎯 Levels to watch
If Bitcoin breaks the $27,500 resistance, it could rekindle buying momentum; a slip below $26,000 may pressure the stalled rally.
What do you think will tip the balance?
$BTC
#Bitcoin #CryptoMarkets #OnChain
📊 By the numbers
• Inflows hovered around $5 B over the 30‑day period ending Oct 5
• Realized cap rose, driven largely by existing holders
• Fresh capital contribution was minimal, per Glassnode data
• Price rally stalled despite the inflow boost
🎯 Levels to watch
If Bitcoin breaks the $27,500 resistance, it could rekindle buying momentum; a slip below $26,000 may pressure the stalled rally.
What do you think will tip the balance?
$BTC
#Bitcoin #CryptoMarkets #OnChain