cryptd.in

LinkedIn alternativo para talentos amigos da criptografia

Bitcoin Rally Not Over Yet? Short-Term Holder MVRV Suggests Further Upside

-

por

cryptd.in
em

As Bitcoin (BTC) consolidates just below the $120,000 mark, concerns are mounting over whether the top cryptocurrency’s bullish momentum is fading. However, some analysts believe BTC still has room to grow, citing key on-chain indicators.

Bitcoin Rally Far From Over

According to a recent CryptoQuant Quicktake post by contributor Darkfost, Bitcoin’s rally is not yet over. The analyst points to the Short-Term Holder (STH) Market Value to Realized Value (MVRV) indicator as evidence.

For context, STH MVRV measures the profitability of Bitcoin held by short-term investors – typically those who acquired BTC within the last 155 days – by comparing the current market price to their average purchase price.

When the STH MVRV is high, it suggests short-term holders are in profit and may sell. On the contrary, a low or negative MVRV indicates undervaluation and potential for further upside.

Darkfost noted that during the current market cycle, unrealized profits among STH have yet to surpass the 42% threshold. Historically, every time the STH MVRV reaches around 1.35 – implying a 35% unrealized profit – it has triggered a wave of profit-taking, followed by short-term price pullbacks.

As of now, the STH MVRV stands at approximately 1.15, well below the profit-taking zone. The analyst attributes this to the STH realized price exceeding $100,000 for the first time in Bitcoin’s history on July 11. At the time of writing, this realized price has risen above $102,000, providing BTC with a robust support base.

bitcoin MVRV

To clarify, STH realized price refers to the average price at which all Bitcoin held by short-term holders was acquired. When Bitcoin’s current market price remains above this level, it reflects growing market confidence among newer investors.

Darkfost added that BTC could rise another 20–25% before the STH MVRV reaches its critical level again. If this projection holds, Bitcoin could potentially hit $150,000 before the next wave of widespread profit-taking.

Fresh Liquidity May Help, But Exercise Caution

Bitcoin may also benefit from fresh liquidity entering the market. Fellow CryptoQuant analyst Amr Taha recently highlighted a $2 billion USDT deposit into major derivatives trading platforms, signaling potential leverage buildup.

Similarly, favorable macroeconomic conditions are expected to support risk-on assets like Bitcoin. The recent weakness in the USD has fuelled optimism around capital rotating into cryptocurrencies and other high risk-reward assets.

​​However, BTC inflows to centralized exchanges have been steadily rising as well, suggesting a short-term correction could be on the horizon. At press time, BTC trades at $118,862, down 0.2% in the past 24 hours.

bitcoin

Comentários

Deixe um comentário

O seu endereço de email não será publicado. Campos obrigatórios marcados com *

Feeds mais recentes

Categorias populares

pt_PT Português
pt_PT Português en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Pesquisar no sítio Web

Histórias populares

Etiquetas

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #BitcoinFundamentos (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCaquisição (1) #BullishPrediction (1) #BullishSentiment (1) #ChineseMining (1) #CPIPrevisão (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulamentação (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) #ribunal holandês (2) #EComércio (1) #ElSalvadorBitcoin (1) #Ethereum (74) #EthereumDor (1) #EthereumPrice (1) #ExpertOpinião (1) #FedRateCut (1) #FiatMoeda (1) #Fimpacto financeiro (1) #FinancialPrivacidade (1) #FirmShutdown (1) #FrozenAccounts (1) 1TP5Fundos ilícitos (1) #InflationData (1) 1TP5Investimento (1) 1TP5Perdas de investimento (1) #Firma japonesa (1) #Acção legal (1) #Impacto jurídico (1) #Legislação (1) #LightningNetwork (1) #Manálise de mercado (3) #MMonitorização do mercado (1) #Mprevisão de mercado (1) #Mprevisões de mercado (1) #MProjecção de mercado (1) #MarketSupport (1) #MVolatilidade do mercado (1) #MCasamento (1) #MemeCoin (5) #MemeCoins (2) #MinerRentabilidade (1) #M Lavagem de dinheiro (2) #MtGox (4) #Coreia do NorteCriptografia (1) #NovogratzPrevisão (1) #PriceMilestone (1) #Previsão de preços (2) #PriceQuestion (1) #PriceSurge (1) #PrisãoSentença (1) #QuantAnalysis (1) 1TP5Pressão regulamentar (1) #SECAntiCripto (1) #ShibaInu (6) #SocialBuzz (1) #T Análise técnica (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCriptografia (1) #UpsidePotencial (1) #USCongresso (1) #WyomingLand (1) #XRPPreço (1) #XRPupswing (1)

Ligações úteis

Ligações que considero úteis e que gostaria de partilhar.