Bitcoin Short-Term Holders dem profit go show say market fit rise reach $162K before e go fit fall small
Bitcoin short-term holders (STHs) get an average profit of 27% wey dem never collect, based on new data from CryptoQuant. STHs, na dem define as address wey hold BTC for 1-3 months, don see big gain as Bitcoin reach new all-time high, but dem never start to sell plenty. Old data show say major selling usually happen when unrealized profit pass 40% or when Market Value to Realized Value (MVRV) ratio pass 1.2. For now, MVRV ratio dey 1.14, wey mean say Bitcoin still fit go up. Analysts say if current trend and outside condition continue, the 40% profit level fit reach by June 11, 2025, wey fit push Bitcoin price go $162,000 before market correction happen because people dey collect profit. For short term, Bitcoin fit recover from wetin just happen and target $115,000, and bullish feeling fit continue until STH start to sell plenty. Traders suppose dey watch STH profit metrics, MVRV ratios, and any changes for economy or government rules. If STH start to collect plenty profit, e fit cause sharp corrections, so e important to dey alert to these signs to know how to position for market. This new trend just dey show say e important to follow wetin short-term holders dey do and key technical levels for effective BTC trading strategies.
Bullish
Bitcoin short-term holders dem dey show plenty profit wey dem never collect, but big-big profit-taking never happen. With key technical signs like MVRV ratio wey dey below old-time sell-off levels and STH unrealized profits still under 40%, analysts dey expect say market go still dey go up and price fit still increase, maybe even reach $115,000–$162,000, before big correction go show. This one mean say things go dey good for short- to mid-term as long as STHs no just sell everything at once. But, traders gats dey careful and dey watch out for any sign say dem dey sell plenty, because history don show say if dem start to collect profit for this levels, price fit sharply fall quick-quick.