Key takeaways
Bitcoin’s realized cap has hit a file $1 trillion, whereas billions in brief positions might set off a pointy rally if BTC climbs towards $120K.
Bitcoin’s [BTC] catching its breath, however the market is something however quiet.
The king coin is at a calmer part after weeks of frenzied buying and selling, whilst realized capital simply notched an unprecedented $1 trillion milestone.
Add in almost $2 billion in shorts stacked for liquidation on the $120K mark — Bitcoin’s subsequent transfer is not going to be far-off.