3 scenarios to view in 2025.

Bitcoin (BTC) is in a critical moment in 2025, whose chain data refer to significant price increases or long -term consolidation.

Cryptoquant analyst Axel Adler JR has highlighted three possible scenarios on the world's largest cryptocurrency, each depending on the main impulsive figures and historical patterns.

Bullish rise, laterally and sharp correction?

In his own analysisHighlighted Adler in the current position of the BTC in the “Start Rally” zone with a circular pulse ratio of 0.8 (80%). This metric monitors the investor's behavior to unrealized profits/losses (NUPL) and the value of the market value (MVRV) and indicates that Bitcoin is intended for movement. But the analyst said the direction remains uncertain.

In the most optimistic scenario, the BTC could experience cuts over a critical 1.0 ratio threshold, signaling an inflated bullish pulse. And if history repeats, as in 2017 and 2021, Bitcoin can be pushed up to $ 175,000 over the next six months.

The second, the more moderate way of an expert, predicts consolidation between $ 90,000 and $ 120,000, with property holding property but saving an aggressive gathering.

Adler's third and most favorable outlook covers less than 0.75%of the decline, which he believes would trigger the profits of short -term owners and potential correction between $ 70,000-85,000.

Given that Bitcoin already suffered a setback in early April, the market observer believes that the first two scenarios are more likely to occur.

The realized cap hits the highest of all time

The Bullish case has been strengthened by Bitcoin's realized uppercase letters that hit all of the ages high April 29 $ 882.2 billion. Unlike traditional market share, realized capitalization measures the value of cryptocurrency according to their price they last moved.

This metric is used for filtering dormant or lost coins and reflects a more in -depth assessment of the actual value of which the active participants are placed in the BTC.

There is a historical priority that shows the big nails of the realized cap, often jumps on strong prices, and a new high can be considered as a sign that both retail and institutional investors have renewed trust.

Carmelo Alemán, who is also a Cryptoquant analyst, noted that a recent constant accumulation of Bitcoin price may be the basis for its next explosive run.

This stunning momentum is reflected in the last whale behavior. According to Ali Martinez, over the last two weeks, high -power BTC investors have added more than 43,000 BTC to their stakes, which is worth nearly $ 4 billion.

Increased accumulation comes after a sales break at the beginning of the year, caused by uncertainty due to geopolitical tensions around the attitude of the aggressive foreign trade of US President Donald Trump.

In the meantime, King Cryptocurrency traded at a price of $ 95,177, which was 0.4% in the last 24 hours and 3.5% in the last week.