Bitcoin (BTC) could be primed for a surge to $160,000, according to a key on-chain metric that foreshadowed two other record-breaking rallies.<\/p>\n
This bullish outlook is emerging even as BTC battles volatility near $108,000, a psychological threshold tested amid geopolitical turbulence and conflicting accumulation patterns.<\/p>\n
In his latest analysis<\/a>, market watcher Axel Adler Jr. pointed out that Bitcoin\u2019s Long-Term Holder (LTH) to Short-Term Holder (STH) ratio shows a very familiar accumulation pattern.<\/p>\n According to him, some of BTC\u2019s most explosive rallies between 2023 and 2025 were preceded by sustained LTH\/STH growth. One of the runs, which started when Bitcoin was trading around the $28,000 level, saw the king cryptocurrency go all the way to $60,000. Another LTH\/STH ratio uptick provided enough momentum to push BTC from $60,000 to $100,000.<\/p>\n Adler has noted the same signal flashing at the $100,000 level:<\/p>\n \u201cToday, at the $100K mark, we again see sustained growth in the LTH\/STH ratio,\u201d noted the expert. \u201cThis accumulation phase could last 4-8 weeks, after which, by analogy with previous cycles, a powerful upward reversal is likely.\u201d<\/p>\n Applying a conservative 1.6x multiplier to Bitcoin\u2019s current price, he projects a $160,000 target by the end of August.<\/p>\n Giving more credence to the outlook, prominent trader Titan of Crypto identified<\/a> a bull flag formation on BTC\u2019s daily charts, suggesting a potential breakout to $137,000. He added that the MACD indicator was also on the verge of a bullish crossover, a move often viewed as a trigger for price momentum shifts.<\/p>\n Technical and historical indicators also bolster Adler\u2019s thesis. For instance, the Bitcoin Rainbow Chart places<\/a> the crypto asset firmly in the \u201cBUY\u201d zone, a scenario comparable to November 2020, just prior to it setting off on a 450% ROI surge, and May 2017, before the same metric boomed 1,400%.<\/p>\n This activity coincides with broader geopolitical and market forces. On June 25, Bitcoin briefly touched<\/a> $108,000 following remarks by U.S. President Donald Trump on easing tensions in the Middle East.<\/p>\n Prices have since cooled slightly, with BTC changing hands at around $107,653 at the time of this writing. While a modest 0.7% gain in the last 24 hours, the price reflects a 1.8% monthly dip.<\/p>\n Still, the asset\u2019s nearly 3% uptick in the last seven days puts its performance slightly ahead of the rest of the crypto market, which only managed to go up 1.6% in that period. However, the sideways movement saw BTC underperform versus tech stocks like Nvidia (+9.15%) and Oracle (+32.5%), raising questions about capital rotation.<\/p>\n The post Last Time Bitcoin Did This, the Price Went From $60K to $100K<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin (BTC) could be primed for a surge to $160,000, according to a key on-chain metric that foreshadowed two other record-breaking rallies. This bullish outlook is emerging even as BTC battles volatility near $108,000, a psychological threshold tested amid geopolitical turbulence and conflicting accumulation patterns. The Accumulation Blueprint In his latest analysis, market watcher Axel […]<\/p>\n","protected":false},"author":0,"featured_media":76330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-76329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/76329"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=76329"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/76329\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/76330"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=76329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=76329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=76329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Market Outlook<\/h2>\n