BTC Price Bottomed? 5 Key Signs Say Yes Despite $1B Daily Profit-Taking

Since early 2024, Bitcoin’s 7 days moving average of net realized profit/loss has been strongly positive. The metric also records profit of over $1 billion a day, this is after BTC price recovered from the March – April 2025 correction, according to CryptoQuant data.

This trend, however, means that many investors are still taking profits at a fast rate, which often occurs near the later stages of a bull cycle.

However, in spite of the aggressive profit-taking, Bitcoin’s price kept rising. This showed similar behavior as in past cycles, for example, in 2021 when profit-taking persisted up until just before local price peaks. But price action does not signal broad market weakness yet, so it is possible that profit-taking may not be strong enough to go back down.

BTC Price Reclaims Key Levels After Short-Term Bottom

Between May 4 and 6 Bitcoin created a short bottom at around $93,200. From there, it broke through resistance levels of $94,500 and $95,700 to stage a sharp rally.

Previous milestones had held Bitcoin down at these levels. Strong bullish candles with little upper shadow confirmed the breakout and showed minimal selling pressure to bring the move up to a halt.

However, analyst Ali said Bitcoin still has resistance at $97,700. Still, this level has not been broken yet and the recent candles at $96,950 level display upper wicks, a signal of hesitation or reinterest for selling.

If the resistance holds, BTC price could pull back toward lower supports. Still, reclaiming key zones suggests strength in the broader trend and signals that the local bottom may already be in place.

Realized Cap Reaches New All-Time High

On-chain analyst Carmelo Alemán from CryptoQuant confirmed that Bitcoin’s Realized Cap has hit a new all-time high for the third straight week. The Realized Cap, which reflects the total cost basis of all coins in circulation, reached $890.74 billion as of May 7.

This metric helps measure actual capital inflows into Bitcoin and is considered a more stable view of investor commitment than short-term price moves.

The steady rise in Realized Cap shows that both long-term and short-term holders are continuing to accumulate. Capital entering the market remains consistent, which may support future price strength if the trend continues.

A rising Realized Cap paired with stable BTC price levels often reflects increased confidence among holders rather than speculative activity alone.

Market Behavior Mirrors Past Cycles, But Scale Is Larger

After the launch of spot Bitcoin ETFs in January 2024, market structure had moved on. Increased exposure and liquidity from institutional channels that let them access Bitcoin.

In spite of the changed trading environment, the behavioral patterns of investors remain the same. Profit-taking and rallies to a price continue to go along familiar paths.

The difference in the current cycle is the speed and volume of the movements. There are more capital flows and faster price reactions, probably due to institutions and automated systems.

This requires a real-time monitoring of traditional cycle markers such as realized profits, support levels, and capital inflows, but above all on volume and timing.

Accumulation and Support Levels Suggest Bullish Foundation For BTC Price

However, other signals point to solid ground even with high profit-taking levels. The ongoing accumulation pattern is evident from the increasing Bitcoin’s Realized Cap. Meanwhile, the quick recovery from $93,200 and the resistance offered above newly reclaimed support make the current structure technical strong.

Whether Bitcoin (BTC) price trades above or below $97,700, the fact that there are no heavy sell-offs or major breakdowns means that sell pressure is not outpacing buy demand.

As long as profit-taking does not slow or Bitcoin passes $97,700, the market could begin surging to continue a further move up. Price activity and behavior of investors, however, suggest that a local bottom may already be in until then.

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