With Bitcoin using its ascending trajectory, the scene seems ready for the first crypto to affects new price levels. The market researcher Axel Adler Jr. even predicted a probability of 70 % that the BTC reaches a new summit in the next two weeks. However, data also shows that more traders leave their positions around $ 114,000.
In short
- Bitcoin is maintained nearly $ 117K with balanced STH indicators, reporting a market no surveys or over -going.
- Axel Adler Jr. predicts a probability of 70 % that the BTC rises or consolidates in the next two weeks.
- The premium on future and influx of 2.3 billion dollars of ETF add up bruise, strengthening the potential for rising the market.
- Liquidity gaps nearly $ 114K could trigger short decreases, but a fence above $ 117.5k could confirm new summits to come.
Bitcoin ready for a break while STH indicators report a balanced market, says Axel Adler Jr.
Axel Adler Jr. has maintained that market conditions are balanced and well aligned, so Bitcoin can soon take the next step up. To support his forecast, the market expert pointed out the MVRV Z scores of the Short-Term Holders (STH), a visual indicator that offers a perspective on the phases of the Bitcoin market cycle.
The data show that the STH score for holders at 155 and 365 days is close to zeroa sign that the assets are neither occurred nor over -going.
Bitcoin is currently evolving just above the price made STH, with the current trend configuration suggesting a possible price break after a consolidation period of one to two weeks. Citing seasonal factors, Adler Jr. plans an “upcoming uptober”.
Reinforced perspectives while the premium on future and influx of ETF signal a bullish momentum
Axel Adler Jr. also supported his bullish prognosis with the data from Bitcoin derivatives, which follow the prices of assets, volumes and trading activity. According to the graph, Future Bitcoin are negotiated above spot prices. In addition, the weekly base is currently higher than the monthly base, a configuration that generally suggests an upward trend.
However, Bitcoin researcher warned that minor overheating signs were detected just before the recent FOMC meeting. The basic average cost increased despite a low trading activity, suggesting that some traders could have continued the late movement.
Even thus, Adler Jr. explained that the basic scenario remains solid, and ” There are 70 % chance that the next two weeks see an upward trend in levels or lateral consolidation. »»
The growing institutional demand further strengthens this upward perspective of Bitcoin. Last week, the BTC ETF attracted more than $ 2.3 billion in investment, the best weekly performance in three months. Given the increased exposure and bullish technical indicators, investors are confident that the part will start another bullish race.
Is Bitcoin on the right track for $ 124,000 or will the liquidity gaps first trigger a decline?
Bitcoin has increased by around 8.5 % since the end of last month, from around $ 107,600 to $ 117,246 at the time of the editorial staff. But the high variation in prices has left liquidity gaps, which could trigger a slight short -term drop before the upward trend continues. In addition, September often has a lower history, which increases the risk of a withdrawal.
Here are other notable bitcoin trends that investors should note:
- A bullish feeling dominates the current predictions of the Bitcoin Prize.
- A 95 % growth in price over the past year illustrates a strong performance.
- Surpassed 92 % of the 100 main cryptocurrencies during the same period.
- Negotiate above the simple mobile average (SMA) over 200 days with 15 green days out of the last 30.
Bitcoin performance since the start of the year has largely challenged expectations of a decline. For most of 2025, the OG Crypto favored greater liquidity areas, such as major summits and hollows, rather than smaller levels of liquidity. A similar trend occurred in July, when the BTC jumped liquidity around $ 105,000 and quickly pushed new peaks after having broken the daily structure.
Experts note that similar training appears, and if Bitcoin closes above $ 117,500, this would validate a new rupture of daily structure (BOS). Assuming that this happens, the chances that the asset falls below the $ 114,000 mark would be greatly reduced. In addition, such a movement would confirm the prediction of a new historic summit of Adler Jr.
Even if there is still a chance that Bitcoin tests lower price levels, favorable macroeconomic perspectives, such as Bitcoin Act's proposal and growing ETF influx, suggest that buyers could intervene earlier. A strong entry of buyers would effectively prevent a larger withdrawal. That the asset stagnates or reaches levels beyond $ 124,000 will depend on the balance between liquidity gaps and bullish momentum.
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