News
  • Rizwan Ansari
    author-profile
    Rizwan Ansari right arrow
    Author

    • Reviewed by: Sohrab Khawas
      author profile
      Sohrab Khawas right arrow
      Reviewed

      Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

      • author twitter
      • author linkedin
    • 2 minutes read

    Why Bitcoin Could Still Climb to $147,000 Before Major Selling Begins

    Story Highlights
    • Bitcoin’s current pullback might be temporary, as Cryptoquant analysts see significant upside before profit-taking.

    • Historical patterns suggest Bitcoin could climb another 20%–25% before major corrections start happening.

    • If Bitcoin adds 25%, price could hit nearly $147,500, keeping bulls in control.

    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.

    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.

    Never Miss a Beat in the Crypto World!

    Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

    FAQs

    How much will 1 Bitcoin cost in 2025?

    As per Coinpedia’s BTC price prediction, the Bitcoin price could peak at $168k this year if the bullish sentiment sustains.

    How much will 1 Bitcoin be worth in 2030?

    With increased adoption, the price of Bitcoin could reach a height of $901,383.47 in 2030.

    How much will the price of Bitcoin be in 2040?

    As per our latest BTC price analysis, Bitcoin could reach a maximum price of $13,532,059.98

    How high will Bitcoin go in 2050?

    By 2050, a single BTC price could go as high as $377,949,106.84

    Show More

    Related Articles

    Back to top button