{"id":565414,"date":"2023-12-14T16:00:15","date_gmt":"2023-12-14T16:00:15","guid":{"rendered":"https:\/\/www.wncen.com\/?p=565414"},"modified":"2024-06-11T14:43:16","modified_gmt":"2024-06-11T14:43:16","slug":"bitcoin-capital-inflows-2021-bull-run-momentum","status":"publish","type":"post","link":"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/","title":{"rendered":"Bitcoin Deja Vu: Capital Inflows Mirror Pre-2021 Bull Run Momentum"},"content":{"rendered":"

On-chain data shows the cryptocurrency capital inflows currently look similar to December 2020, right before Bitcoin rallied from $18,000 to $65,000.<\/p>\n

Bitcoin & Ethereum Are Getting $19.7 Billion In Capital Injections Currently<\/h2>\n

As explained by analyst Ali in a new post<\/a> on X, Bitcoin and Ethereum are receiving a large amount of capital inflows currently. To showcase these positive flows, the analyst has referred to the “BTC + ETH Net Position Change” indicator from the on-chain analytics firm Glassnode.<\/p>\n

What this metric does is that it keeps track of the 30-day change taking place in the combined realized cap of these top two cryptocurrencies. The “realized cap<\/a>” here basically refers to the total amount of capital (in USD) that investors have used to purchase a given asset.<\/p>\n

As such, the metric’s net position change could provide hints about whether the total money invested into the coin in question has gone up or down during the past month.<\/p>\n

Related Reading: Santiment Points Out Trigger Behind 65% Cardano Rally<\/a><\/div>\n

Now, here is a chart that shows the trend in this indicator for Bitcoin and Ethereum over the past few years:<\/p>\n

\"Bitcoin<\/p>\n

The value of the metric appears to have been going up in recent days | Source: @ali_charts on X<\/a><\/pre>\n

As displayed in the above graph, the Bitcoin + Ethereum Net Position Change has been inside the positive territory recently and has only been climbing up. The trend naturally makes sense, as both of the assets have registered some sharp rises<\/a> during the past month.<\/p>\n

Currently, the indicator has a value of $19.7 billion. As Ali has pointed out, “This\u00a0is around the same capital inflow we saw back in December 2020 before BTC <\/span>surged from $18,000 to $65,000!”<\/span><\/p>\n

In the same chart, data for two other metrics is also shown. The first is the “Stablecoin Net Position Change,” which, as its name suggests, keeps track of the monthly inflows and outflows for the major USD stablecoins<\/a> in the sector.<\/p>\n

Unlike Bitcoin and Ethereum, though, this metric doesn’t make use of the realized cap, but simply the supply of the stables. This is obviously due to the fact that these coins have mostly the same value at all points, so the realized cap wouldn’t be any different from the market cap (which itself is equivalent to the supply as the price is $1).<\/p>\n

From the chart, it’s visible that the stablecoins have also enjoyed positive inflows recently. This means that all three major asset classes in the sector, Bitcoin, Ethereum, and the stables, are receiving capital injections currently.<\/p>\n

Most of the capital inflows and outflows towards the cryptocurrency sector happen through these three. The altcoins only receive their capital through a rotation from these core assets.<\/p>\n

Related Reading: Dogecoin Sell Signal Goes Off: Analyst Predicts Targets<\/a><\/div>\n

Thus, the stablecoins and top two cryptocurrencies simultaneously enjoying positive inflows have historically been a very bullish combination for the sector as a whole. This constructive combination didn’t form for most of this year but finally has during this latest leg in the rally.<\/p>\n

The last indicator on the chart keeps track of the net incomings and outgoings from the sector as a whole by simply summing up the netflows for BTC + ETH and the stables. As is apparent, this metric also has a value similar to December 2020 at the moment.<\/p>\n

Looking at Bitcoin’s historical performance following December 2020, it could mean that the BTC price is set for another price surge going forward.<\/p>\n

BTC Price<\/h2>\n

Bitcoin had recovered above the $43,000 level just earlier, but it appears the coin has seen a setback as it’s now once again trading below the mark.<\/p>\n

\"Bitcoin<\/p>\n

Looks like the price of the asset has shot up during the past day | Source: BTCUSD on TradingView<\/a><\/pre>\n
Featured image from Shutterstock.com, charts from TradingView.com, Glassnode.com<\/div>\n","protected":false},"excerpt":{"rendered":"

On-chain data shows the cryptocurrency capital inflows currently look similar to December 2020, right before Bitcoin rallied from $18,000 to $65,000. Bitcoin & Ethereum Are Getting $19.7 Billion In Capital Injections Currently As explained by analyst Ali in a new post on X, Bitcoin and Ethereum are receiving a large amount of capital inflows currently. To showcase these positive flows, the analyst has referred to the “BTC + ETH Net Position Change” indicator from the on-chain analytics firm Glassnode. What this metric does is that it keeps track of the 30-day change taking place in the combined realized cap of these top two cryptocurrencies. The “realized cap” here basically refers to the total amount of capital (in USD) that investors have used to purchase a given asset. As such, the metric’s net position change could provide hints about whether the total money invested into the coin in question has gone up or down during the past month. Related Reading: Santiment Points Out Trigger Behind 65% Cardano Rally Now, here is a chart that shows the trend in this indicator for Bitcoin and Ethereum over the past few years: The value of the metric appears to have been going up in recent days | Source: @ali_charts on X As displayed in the above graph, the Bitcoin + Ethereum Net Position Change has been inside the positive territory recently and has only been climbing up. The trend naturally makes sense, as both of the assets have registered some sharp rises during the past month. Currently, the indicator has a value of $19.7 billion. As Ali has pointed out, “This\u00a0is around the same capital inflow we saw back in December 2020 before BTC surged from $18,000 to $65,000!” In the same chart, data for two other metrics is also shown. The first is the “Stablecoin Net Position Change,” which, as its name suggests, keeps track of the monthly inflows and outflows for the major USD stablecoins in the sector. Unlike Bitcoin and Ethereum, though, this metric doesn’t make use of the realized cap, but simply the supply of the stables. This is obviously due to the fact that these coins have mostly the same value at all points, so the realized cap wouldn’t be any different from the market cap (which itself is equivalent to the supply as the price is $1). From the chart, it’s visible that the stablecoins have also enjoyed positive inflows recently. This means that all three major asset classes in the sector, Bitcoin, Ethereum, and the stables, are receiving capital injections currently. Most of the capital inflows and outflows towards the cryptocurrency sector happen through these three. The altcoins only receive their capital through a rotation from these core assets. Related Reading: Dogecoin Sell Signal Goes Off: Analyst Predicts Targets Thus, the stablecoins and top two cryptocurrencies simultaneously enjoying positive inflows have historically been a very bullish combination for the sector as a whole. This constructive combination didn’t form for most of this year but finally has during this latest leg in the rally. The last indicator on the chart keeps track of the net incomings and outgoings from the sector as a whole by simply summing up the netflows for BTC + ETH and the stables. As is apparent, this metric also has a value similar to December 2020 at the moment. Looking at Bitcoin’s historical performance following December 2020, it could mean that the BTC price is set for another price surge going forward. BTC Price Bitcoin had recovered above the $43,000 level just earlier, but it appears the coin has seen a setback as it’s now once again trading below the mark. Looks like the price of the asset has shot up during the past day | Source: BTCUSD on TradingView Featured image from Shutterstock.com, charts from TradingView.com, Glassnode.com<\/p>\n","protected":false},"author":542,"featured_media":565424,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,90872,85533,90873,90871,6481,1119,1144,6664,90874,1946,15241],"class_list":["post-565414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-2021-bull-run","tag-bitcoin-bull-run","tag-bitcoin-capital-inflows","tag-bitcoin-deja-vu","tag-bitcoin-rally","tag-btc","tag-btcusd","tag-crypto","tag-crypto-capital-inflows","tag-ethereum","tag-stablecoins"],"acf":[],"yoast_head":"\nBitcoin Deja Vu: Capital Inflows Mirror Pre-2021 Bull Run Momentum<\/title>\n<meta name=\"description\" content=\"Data shows cryptocurrency capital inflows currently look similar to December 2020, right before Bitcoin rallied from $18,000 to $65,000.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Deja Vu: Capital Inflows Mirror Pre-2021 Bull Run Momentum\" \/>\n<meta property=\"og:description\" content=\"Data shows cryptocurrency capital inflows currently look similar to December 2020, right before Bitcoin rallied from $18,000 to $65,000.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-14T16:00:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:43:16+00:00\" \/>\n<meta name=\"author\" content=\"Keshav Verma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.wncen.com\/wp-content\/uploads\/2023\/12\/shutterstock_651598474.jpg?fit=6016%2C4016\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/keshavvarma29\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Keshav Verma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/\"},\"author\":{\"name\":\"Keshav Verma\",\"@id\":\"https:\/\/www.wncen.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\"},\"headline\":\"Bitcoin Deja Vu: Capital Inflows Mirror Pre-2021 Bull Run Momentum\",\"datePublished\":\"2023-12-14T16:00:15+00:00\",\"dateModified\":\"2024-06-11T14:43:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/\"},\"wordCount\":601,\"publisher\":{\"@id\":\"https:\/\/www.wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.wncen.com\/wp-content\/uploads\/2023\/12\/shutterstock_651598474.jpg?fit=6016%2C4016\",\"keywords\":[\"bitcoin\",\"Bitcoin 2021 Bull Run\",\"bitcoin bull run\",\"Bitcoin Capital Inflows\",\"Bitcoin Deja Vu\",\"bitcoin rally\",\"btc\",\"btcusd\",\"crypto\",\"Crypto Capital Inflows\",\"ethereum\",\"Stablecoins\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/\",\"url\":\"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/\",\"name\":\"Bitcoin Deja Vu: Capital Inflows Mirror Pre-2021 Bull Run Momentum\",\"isPartOf\":{\"@id\":\"https:\/\/www.wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.wncen.com\/wp-content\/uploads\/2023\/12\/shutterstock_651598474.jpg?fit=6016%2C4016\",\"datePublished\":\"2023-12-14T16:00:15+00:00\",\"dateModified\":\"2024-06-11T14:43:16+00:00\",\"description\":\"Data shows cryptocurrency capital inflows currently look similar to December 2020, right before Bitcoin rallied from $18,000 to $65,000.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/#primaryimage\",\"url\":\"https:\/\/www.wncen.com\/wp-content\/uploads\/2023\/12\/shutterstock_651598474.jpg?fit=6016%2C4016\",\"contentUrl\":\"https:\/\/www.wncen.com\/wp-content\/uploads\/2023\/12\/shutterstock_651598474.jpg?fit=6016%2C4016\",\"width\":6016,\"height\":4016,\"caption\":\"Bitcoin Bull\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Deja Vu: Capital Inflows Mirror Pre-2021 Bull Run Momentum\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.wncen.com\/#website\",\"url\":\"https:\/\/www.wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/www.wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/www.wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/www.wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/www.wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.wncen.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\",\"name\":\"Keshav Verma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"caption\":\"Keshav Verma\"},\"description\":\"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/keshavverma29\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29\"],\"url\":\"https:\/\/www.wncen.com\/author\/hououinkyouma29\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Deja Vu: Capital Inflows Mirror Pre-2021 Bull Run Momentum","description":"Data shows cryptocurrency capital inflows currently look similar to December 2020, right before Bitcoin rallied from $18,000 to $65,000.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Deja Vu: Capital Inflows Mirror Pre-2021 Bull Run Momentum","og_description":"Data shows cryptocurrency capital inflows currently look similar to December 2020, right before Bitcoin rallied from $18,000 to $65,000.","og_url":"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-12-14T16:00:15+00:00","article_modified_time":"2024-06-11T14:43:16+00:00","author":"Keshav Verma","twitter_card":"summary_large_image","twitter_image":"https:\/\/www.wncen.com\/wp-content\/uploads\/2023\/12\/shutterstock_651598474.jpg?fit=6016%2C4016","twitter_creator":"@https:\/\/twitter.com\/keshavvarma29","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Keshav Verma","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/#article","isPartOf":{"@id":"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/"},"author":{"name":"Keshav Verma","@id":"https:\/\/www.wncen.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6"},"headline":"Bitcoin Deja Vu: Capital Inflows Mirror Pre-2021 Bull Run Momentum","datePublished":"2023-12-14T16:00:15+00:00","dateModified":"2024-06-11T14:43:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/"},"wordCount":601,"publisher":{"@id":"https:\/\/www.wncen.com\/#organization"},"image":{"@id":"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/#primaryimage"},"thumbnailUrl":"https:\/\/www.wncen.com\/wp-content\/uploads\/2023\/12\/shutterstock_651598474.jpg?fit=6016%2C4016","keywords":["bitcoin","Bitcoin 2021 Bull Run","bitcoin bull run","Bitcoin Capital Inflows","Bitcoin Deja Vu","bitcoin rally","btc","btcusd","crypto","Crypto Capital Inflows","ethereum","Stablecoins"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/www.wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/","url":"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/","name":"Bitcoin Deja Vu: Capital Inflows Mirror Pre-2021 Bull Run Momentum","isPartOf":{"@id":"https:\/\/www.wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/#primaryimage"},"image":{"@id":"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/#primaryimage"},"thumbnailUrl":"https:\/\/www.wncen.com\/wp-content\/uploads\/2023\/12\/shutterstock_651598474.jpg?fit=6016%2C4016","datePublished":"2023-12-14T16:00:15+00:00","dateModified":"2024-06-11T14:43:16+00:00","description":"Data shows cryptocurrency capital inflows currently look similar to December 2020, right before Bitcoin rallied from $18,000 to $65,000.","breadcrumb":{"@id":"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/#primaryimage","url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2023\/12\/shutterstock_651598474.jpg?fit=6016%2C4016","contentUrl":"https:\/\/www.wncen.com\/wp-content\/uploads\/2023\/12\/shutterstock_651598474.jpg?fit=6016%2C4016","width":6016,"height":4016,"caption":"Bitcoin Bull"},{"@type":"BreadcrumbList","@id":"https:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Deja Vu: Capital Inflows Mirror Pre-2021 Bull Run Momentum"}]},{"@type":"WebSite","@id":"https:\/\/www.wncen.com\/#website","url":"https:\/\/www.wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/www.wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/www.wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/www.wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/www.wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/www.wncen.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6","name":"Keshav Verma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","caption":"Keshav Verma"},"description":"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.","sameAs":["https:\/\/www.linkedin.com\/in\/keshavverma29\/","https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29"],"url":"https:\/\/www.wncen.com\/author\/hououinkyouma29\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Deja Vu: Capital Inflows Mirror Pre-2021 Bull Run Momentum","url":"http:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.wncen.com\/news\/bitcoin-capital-inflows-2021-bull-run-momentum\/"},"thumbnailUrl":"https:\/\/www.wncen.com\/wp-content\/uploads\/2023\/12\/shutterstock_651598474.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2023\/12\/shutterstock_651598474.jpg?fit=6016%2C4016"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Keshav Verma"}],"creator":["Keshav Verma"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin 2021 bull run","bitcoin bull run","bitcoin capital inflows","bitcoin deja vu","bitcoin rally","btc","btcusd","crypto","crypto capital inflows","ethereum","stablecoins"],"dateCreated":"2023-12-14T16:00:15Z","datePublished":"2023-12-14T16:00:15Z","dateModified":"2024-06-11T14:43:16Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Deja Vu: Capital Inflows Mirror Pre-2021 Bull Run Momentum\",\"url\":\"http:\\\/\\\/www.wncen.com\\\/news\\\/bitcoin-capital-inflows-2021-bull-run-momentum\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.wncen.com\\\/news\\\/bitcoin-capital-inflows-2021-bull-run-momentum\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/shutterstock_651598474.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/shutterstock_651598474.jpg?fit=6016%2C4016\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Keshav Verma\"}],\"creator\":[\"Keshav Verma\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin 2021 bull run\",\"bitcoin bull run\",\"bitcoin capital inflows\",\"bitcoin deja vu\",\"bitcoin rally\",\"btc\",\"btcusd\",\"crypto\",\"crypto capital inflows\",\"ethereum\",\"stablecoins\"],\"dateCreated\":\"2023-12-14T16:00:15Z\",\"datePublished\":\"2023-12-14T16:00:15Z\",\"dateModified\":\"2024-06-11T14:43:16Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2023\/12\/shutterstock_651598474.jpg?fit=6016%2C4016","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/565414"}],"collection":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/users\/542"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/comments?post=565414"}],"version-history":[{"count":0,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/565414\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/media\/565424"}],"wp:attachment":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/media?parent=565414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/categories?post=565414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/tags?post=565414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}