Bitcoin’s Next Leg Up? CryptoQuant Predicts 25% Surge Ahead
Bitcoin bulls, buckle up—analysts say the rally’s just getting started.
### The Data Behind the Optimism
CryptoQuant’s latest metrics suggest BTC’s primed for another 25% climb, despite skeptics crying ‘bubble.’ On-chain signals—from whale accumulation to exchange outflows—paint a textbook bullish setup. Even the ‘diamond hands’ crowd is stacking sats like it’s 2021.
### Wall Street’s Late to the Party (Again)
While TradFi analysts debate ‘store of value’ narratives, Bitcoin’s already mooning past their Excel models. Funny how the asset they called ‘rat poison’ now has institutions FOMO-ing at all-time highs. Maybe next they’ll discover electricity.
### The Cynic’s Corner
Sure, 25% sounds juicy—until you remember this is crypto, where ‘upside’ could mean a Lambo or a -80% rug pull. But hey, at least the volatility’s more entertaining than watching bond yields.
The world’s largest cryptocurrency, Bitcoin, recently hit a new record above $123,000, only to pull back below $118,000 as profit-taking kicked in. Despite all, on-chain signals hint at more upside ahead, as a key metric used by analysts shows that short-term holders have not yet reached the usual profit levels that trigger heavy selling.
Does this mean Bitcoin still has room left for a bigger rally?
Bitcoin Bull Run Isn’t Over
According to data shared by CryptoQuant author Darkfost, the Short-Term Holder Market Value to Realized Value (STH MVRV) ratio remains well below its critical threshold. This indicator measures unrealized profits for short-term bitcoin holders and often signals when profit-taking could start.
In the past cylce, when the STH MVRV reached about 1.35, meaning holders had roughly 35% unrealized profits, Bitcoin usually faced short-term corrections as investors start taking profits. This usually leads to short-term corrections in price.
Looking at the current cycle, Darkfost notes that STH unrealized gains have never crossed the 42% mark, meaning the market hasn’t reached an extreme greed zone yet.
Right now, the STH MVRV stands NEAR 1.15, signaling that holders are sitting on about 15% gains, far from the levels that typically spark heavy selling.
STH MVRV Signals More Upside Ahead for BTC
“Every time the STH MVRV has reached around 1.35, it has triggered profit-taking behavior… There is still room for BTC to rise by approximately 20% to 25% before hitting that critical MVRV threshold again.” – By @Darkfost_Coc pic.twitter.com/HPNehg5EJ8
Why This Matters for Bitcoin’s Price
What’s even more interesting is that the realized price for short-term holders just crossed $100,000 on July 11 for the first time ever. Today, it’s already above $102,000, setting a new benchmark in Bitcoin’s history.
This shift raises the threshold for profit-taking even further, creating more breathing room for the current rally.
How High Can Bitcoin Price Go?
Based on past trends, Bitcoin still has room to climb by 20% to 25% before hitting the profit-taking zone near an MVRV level of 1.35. This means the market could experience another strong upward MOVE before large-scale selling begins.
Currently, Bitcoin is trading around $118,000. If it gains 20%, the price could reach about $141,600. Meanwhile, if the bitcoin see a 25% rise WOULD push it close to $147,500.
