Bitcoin’s Rally Far From Over: CryptoQuant Analysts Project 25% Further Upside
2025-07-17 12:52:33
Main Idea
CryptoQuant analysts project Bitcoin could rise by 25%, potentially reaching $147,000, based on the STH MVRV ratio indicating room for further gains before major profit-taking or corrections.
Key Points
1. Bitcoin's current STH MVRV ratio is ~1.15, indicating short-term holders have ~15% unrealized gains; major corrections typically occur at ~1.35.
2. A 25% rise from Bitcoin's current ~$118,000 price would push it to ~$147,500.
3. The STH MVRV ratio suggests sustained bullish momentum in the near term.
4. Other crypto news includes Ripple's XRPL upgrade, Coinbase Wallet rebranding, Tether's USDT surpassing $160B, and a Shiba Inu token theft.
Description
Despite recent price fluctuations, Bitcoin’s impressive rally may not have reached its peak, according to analysts at CryptoQuant. Their latest insights suggest that the leading cryptocurrency still holds significant upside potential, with projections indicating a possible 20% to 25% increase before the onset of any major profit-taking or substantial market corrections. Key Indicator Points to … Continue reading "Bitcoin’s Rally Far From Over: CryptoQuant Analysts Project 25% Further Upside" The...
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