{"id":28653,"date":"2025-05-26T20:18:31","date_gmt":"2025-05-26T20:18:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28653"},"modified":"2025-05-26T20:18:31","modified_gmt":"2025-05-26T20:18:31","slug":"analyst-forecasts-btc-short-term-holders-could-drive-price-to-162k-in-weeks","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28653","title":{"rendered":"Analyst Forecasts BTC Short-Term Holders Could Drive Price to $162K in Weeks"},"content":{"rendered":"
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Bitcoin\u2019s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold.<\/p>\n

According to Axel Adler Jr., Bitcoin\u2019s Net Unrealized Profit\/Loss (NUPL) for those who\u2019ve held the cryptocurrency for a maximum of three months sits at 27%.<\/p>\n

The Short-Term Holder Catalyst<\/h2>\n

In a May 26 post on X, the macro researcher noted<\/a> that historically, this cohort begins selling when unrealized profits go beyond 40%, creating notable price resistance.<\/p>\n

His analysis shows the indicator rising at 0.818 percentage points per day, suggesting it could cross the 40% mark around June 11, 2025, at which point BTC could hit $162,000, barring unexpected macro disruptions.<\/p>\n

Adler\u2019s projection may have found some support from pseudonymous analyst Dr. Profit, who flagged<\/a> a \u201crare and powerful\u201d Golden Cross signal, which he claims has preceded major Bitcoin rallies in the last two years.<\/p>\n

Noting an 87.8% historical accuracy rate on higher timeframes, he cited similar technical setups in October 2023 and October 2024, which triggered price increases of 170% and 173%, respectively.<\/p>\n

With the latest signal flashing in May, Dr. Profit is maintaining a short-term range of $117,000 to $120,000, highlighting major price catalysts such as strong exchange-traded fund (ETF) inflows, which are absorbing new supply at nine times the mining rate, Strategy\u2019s continued BTC accumulation, and a liquidity cluster at $113,000.<\/p>\n

On-Chain Data Reinforcing Bullish Thesis<\/h2>\n

The flagship cryptocurrency\u2019s recent on-chain behavior has also reinforced the bullish narrative. Per Santiment data, as of May 23, BTC\u2019s Mean Dollar Age, which measures how long coins are held, had dropped<\/a> from 441 to 429 days since mid-April. This suggests that dormant Bitcoin is moving again, something experts typically view as a hallmark of the early stages of a bull run.<\/p>\n

Furthermore, figures from Glassnode indicate that while BTC recently hit an all-time high<\/a> of $111,814 (ATH) on May 22, realized profit-taking remains subdued. Just $1 billion in profits were realized, an amount less than half of the volume seen when BTC first crossed $100,000.<\/p>\n

Meanwhile, in the last 24 hours, the crypto asset has gained 2.3%, buoyed by U.S. President Donald Trump\u2019s extension<\/a> of the deadline for a 50% tariff on the EU, pushing its weekly rise to 6.7%.<\/p>\n

Additionally, Bitcoin\u2019s current price of $110,085 reflects a 16.3% climb over 30 days. And despite slipping 1.6% from its ATH, the king cryptocurrency\u2019s market cap is holding firm at $2.18 trillion, cementing its position as the fifth-largest asset globally.<\/p>\n

The post Analyst Forecasts BTC Short-Term Holders Could Drive Price to $162K in Weeks<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold. According to Axel Adler Jr., Bitcoin\u2019s Net Unrealized Profit\/Loss (NUPL) for those who\u2019ve held the cryptocurrency for a maximum of three months sits at 27%. The […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-28653","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28653"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28653\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}