Bitcoin: Multi-week rally ahead? THESE clues say yes – Analyzing…

Key Points

1. Bitcoin recently hit a new all-time high but corrected to $118,250, which may be part of a corrective phase.

2. The STH Unrealized Profit metric suggests Bitcoin has not yet entered the overheated zone, indicating further growth potential.

3. The Volume-Weighted Average Price (VWAP) liquidity chart shows Bitcoin remains above the VWAP line, supporting a bullish outlook.

4. Historical patterns suggest Bitcoin's current expansion phase could last 15–30 days, leaving up to 18 days for potential upside continuation.

5. Glassnode’s Short-Term Holder Cost Basis Model points to a possible rally target of $136,000 for Bitcoin.