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Bitcoin Holds Equilibrium as Analyst Predicts Growth Potential Toward $130K
Bitcoin has remained above the average realized level since early 2024, reflecting consistent strength and positive sentiment in trading conditions.
CryptoQuant analysis shows Bitcoin’s upper boundary at $130K within the short-term holder profitability corridor, suggesting a defined resistance zone ahead.
Rapid recovery from minor declines keeps Bitcoin stable, as buying pressure absorbs dips and maintains a healthy market structure with growth potential.
Bitcoin is currently positioned in a stable range, with steady market behavior suggesting potential movement toward $130K if present conditions continue. The cryptocurrency remains supported by healthy buying activity and consistent trading patterns, reflecting investor confidence.
Short-Term Holder Metrics Indicate Market Balance
According to CryptoQuant analyst AxelAdlerJr, Bitcoin’s current dynamics align with the STH-MVRV pricing corridor, a measure of recent buyer profitability. This corridor helps track short-term holder behavior, showing where buying and selling activity typically concentrate.
The analysis indicates that the upper boundary of this corridor, marked at +1σ, currently runs near $130K. At this level, short-term holders are more inclined to secure profits, establishing a natural zone of selling pressure.
From the early days of 2024, Bitcoin has remained above its average realized price level shown by the yellow line in the CryptoQuant chart. That persistent positioning suggests that market sentiment remains resilient and can be viewed as a continuation of the bullish trend.
Market Structure Remains Supportive of Growth
The data further reveals that Bitcoin is holding equilibrium within its established volatility corridor. This balance is marked by quick recovery whenever prices fall below the baseline, keeping the overall market structure intact.
AxelAdlerJr explained in a recent post that this healthy structure confirms continued demand among participants. Each temporary dip is met with sufficient buying pressure, preventing extended declines and supporting price recovery.
If these conditions sustain, the analysis suggests a gradual climb toward $130K could emerge, placing Bitcoin at the corridor’s upper resistance zone. This path reflects both stability and measured growth in current trading activity.
Profit-Taking Zones Highlight Future Path
The projection of $130K as a potential target comes with historical behavior among short-term holders, who typically lock profits at resistance points. CryptoQuant’s research outlines this trend, noting increased selling pressure once prices reach higher profitability thresholds.
At present, Bitcoin’s ability to remain above its average realized level gives analysts confidence in its continuing strength. This sustained momentum offers a foundation for future upward attempts within the corridor.
Should the existing environment persist, the market may witness gradual movement toward $130K, positioning Bitcoin for a new phase of trading activity. This outlook ties directly to the established profitability corridor outlined by CryptoQuant.
The post Bitcoin Holds Equilibrium as Analyst Predicts Growth Potential Toward $130K appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.