Bitcoin's uptrend remains strong based on the Long-Term Realized Cap Impulse, which is a key indicator showing sustained demand and market behavior.
The Realized Cap Impulse metric is holding above critical support levels, indicating consistent demand and reinforcing the bullish market narrative.
Alphractal suggests that as long as the Realized Cap Impulse stays above its current level, upward momentum is expected to continue, showing investor conviction even during volatility.
However, Alphractal forecasts that the current bullish phase may peak around October 2025, followed by a potential 12-month bearish period until late 2026, marking the final major upward phase before a market reset.