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Bitcoin realized profit hits 5-month peak: Is $100k next? - Crypto news

Bitcoin realized profit hits 5-month peak: Is $100k next?

Bitcoin realized profit hits 5-month peak: Is 0k next?

Bitcoin (BTC) has recorded its highest level of realized profits in five months as the cryptocurrency briefly surged above $80,000, signaling the market may still have room to extend its rally.

On-chain analytics data indicate that Bitcoin’s net realized profits climbed to $207.56 million on Sunday, marking the largest spike in the past month, according to insights shared by Santiment on May 5. 

Bitcoin realized profit hits 5-month peak: Is 0k next?

Bitcoin realized profit chart. Source: Santiment

The increase came as Bitcoin reclaimed the $80,000 level for the first time in three months, indicating that investors were actively locking in gains as prices continued to move higher.

The digital asset has also posted repeated bursts of realized profits throughout April and early May, with the latest spike coinciding with Bitcoin’s strongest price level in weeks.

Despite heavy profit-taking, Bitcoin maintained its upward momentum, signaling strong demand capable of absorbing the additional supply entering the market. 

Historically, elevated realized profits during price rallies have often aligned with continued bullish momentum rather than signs of exhaustion.

The latest on-chain data suggests buyers continued accumulating Bitcoin even as long-term holders sold into strength. 

This activity also indicates a reset in Bitcoin’s cost basis, with coins previously sold near $80,000 now being absorbed by new investors at higher prices, potentially strengthening support at current levels.

Bitcoin realized profit hits 5-month peak: Is 0k next?

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Bitcoin’s price path to $100,000

Meanwhile, technical indicators are also reinforcing the bullish outlook. In this line, crypto analyst Ali Martinez noted in a May 5 X post that Bitcoin triggered a bullish weekly MACD crossover on April 13, a signal that has historically preceded extended rallies.

According to the weekly chart, previous MACD crossovers led to major upside moves, including a 147% rally in October 2023, a 75% advance in October 2024, and a 35% gain following the May 2025 crossover. Since the latest signal, Bitcoin has already gained about 15%.

Bitcoin realized profit hits 5-month peak: Is 0k next?

Bitcoin price analysis chart. Source: Ali Martinez

The chart also showed Bitcoin rebounding from the $50,000 region earlier in the cycle before recovering toward the upper range near $78,500. Momentum indicators on the MACD histogram have turned positive again, suggesting bullish momentum may still be building.

On the daily timeframe, Bitcoin is approaching the 200-day simple moving average near $83,000, a key structural and psychological resistance level. A decisive close above that mark could pave the way toward $89,000, with a secondary upside target around $94,000.

If bullish momentum continues and Bitcoin breaks through those resistance zones, the market could begin targeting the long-term psychological milestone of $100,000.

By press time, Bitcoin was trading at $80,711, up almost 3% in the past 24 hours and more than 5% over the past week.

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