Bitcoin Rally Gains Strength with Buyer Support

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Rising realized price shows investors are buying Bitcoin at higher levels, reinforcing the strength of the current cycle.

Bitcoin (BTC) has continued to flash bullish signals, with on-chain data and technical indicators reinforcing the narrative of an ongoing uptrend despite minor short-term pullbacks.

At the heart of this optimism is the rise in the flagship cryptocurrency’s realized price, a key market metric that reflects the average purchase price of BTC currently in circulation.

Realized Price Signals Sustained Bullish Momentum

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