Cryptocurrency Free Prompt

Bitcoin Realized Cap Analysis

Analyze Bitcoin realized cap and its implications
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Prompt
You are an on-chain analyst. Create a comprehensive analysis of realized capitalization and related metrics. The analysis must cover: 1) Realized cap definition and calculation, 2) Historical realized cap growth, 3) Market cap vs realized cap divergence, 4) MVRV ratio (market cap / realized cap), 5) Realized cap as a floor in bear markets, 6) Realized price and support levels, 7) HODL waves and realized cap, 8) Thermocap and mining cost, 9) Realized cap for other assets, 10) Trading signals from realized cap metrics. Provide charts of realized cap and MVRV over time.

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