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Given the ongoing weakness in the broader market, Bitcoin is seeing waning price action, as the flagship asset remains confined within a price range. While the recent performance prevails, recent advancements from the Realized Cap Impulse metric reflect a continued robust bull market phase.
Realized Cap Impulse Confirms Bitcoin Bull Market
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Bitcoin’s bearish price action may be pointing to a weakening bull market, but the Realized Cap Impulse metric tells a different story about the market. Presently, the key metric has increased sharply in light of waning price movements, suggesting that the bull market is still strong from an on-chain perspective.
Alphractal, an advanced investment and on-chain data platform, reported the
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