Bitcoin 98% profit: E dey target $140K short-term, $200K by 2025
Glassnode data show say 98% of Bitcoin supply dey for profit, as realized profit-to-loss ratio jump from 1.1 to 2.8. On-chain metrics plus di increasing institutional demand dey push di ongoing bullish vibe. Technical analysis dey show upward channel wey target $140,000 short term and important Fibonacci extension for $155,000. Analysts dem talk say Bitcoin fit reach $200,000 by end 2025, and maybe $250,000 if e break di monthly OTT trend. Macro factors like weak US dollar, spot ETF inflows and models like 21st Capital’s power-law dey support dis outlook. But high profit-taking risk mean traders suppose prepare for possible short-term corrections and use risk management strategies.
Bullish
Di increase reach 98% profit and realized profit-to-loss ratio of 2.8 show say strong bullish feeling dey. Institutional accumulation plus positive on-chain metrics dey talk say buying pressure go continue, technical targets like $140K, $155K, and $200K still show say bullish trend dey strong. Macro things like weak USD, ETF inflows, and power-law models dey support long-term better movement. Short-term correction risk dey because people fit wan take profit, but overall market structure plus demand still show bullish outlook for Bitcoin.