{"id":37332,"date":"2025-07-16T19:37:50","date_gmt":"2025-07-16T19:37:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37332"},"modified":"2025-07-16T19:37:50","modified_gmt":"2025-07-16T19:37:50","slug":"bitcoins-price-is-nowhere-near-overheating-despite-surge-to-123k-cryptoquant","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37332","title":{"rendered":"Bitcoin\u2019s Price is Nowhere Near Overheating Despite Surge to $123K: CryptoQuant"},"content":{"rendered":"
\n

Bitcoin recently surged to unprecedented levels, breaking past $123,000 for the first time on July 14. The milestone follows earlier highs of $112,000 on July 9 and $118,000 on July 11, marking a series of sharp moves within days.<\/p>\n

However, unlike previous rallies, the current surge appears to be supported by healthier market conditions. On-chain data from CryptoQuant suggests<\/a> the market is not overheating \u2013 a notable contrast to past cycles where similar price spikes led to short-term corrections.<\/p>\n

Bitcoin Positioned for Sustained Upside as Market Cools<\/h2>\n

CryptoQuant\u2019s analysis focuses on a key metric known as the UTXO Age Bands, particularly the 1-day to 1-week range. Spikes in this range typically indicate short-term selling pressure and profit-taking behavior.<\/p>\n

In March and December 2024, it showed strong activity, signaling overheated market conditions. In contrast, the current cycle shows smaller spikes, even as the apex coin trades at higher prices.<\/p>\n

Notably, the reduced movement suggests that holders are less eager to sell quickly. Many now appear to be treating Bitcoin as a long-term asset rather than chasing short-term profits.<\/p>\n

According to CryptoQuant, this shift in sentiment could support a more sustained rally through the second half of 2025. With the market showing fewer signs of fast-paced speculation, the absence of aggressive selling pressure may allow prices to climb further without immediate pullbacks.<\/p>\n

Institutional Demand Builds Momentum<\/h2>\n

Alongside this behavior change is a noticeable rise in institutional interest. Between July 7 and 12, 29 companies added a combined 4,209 BTC to their balance sheets, with 80 treasury-related announcements logged in just five days.<\/p>\n

Institutional demand is also surging through U.S. spot Bitcoin ETFs<\/a>, which saw over $2.7 billion in inflows last week, far outpacing the number of new Bitcoins mined. Leading the charge is BlackRock\u2019s IBIT ETF, which recently surpassed $80 billion in assets under management, achieving this milestone faster than any ETF in history.<\/p>\n

Consequently, the combination of strong institutional inflows and subdued short-term selling could offer more price stability. With retail speculation slowing and larger players stepping in, Bitcoin\u2019s path to higher prices may remain wide open.<\/p>\n

The post Bitcoin\u2019s Price is Nowhere Near Overheating Despite Surge to $123K: CryptoQuant<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin recently surged to unprecedented levels, breaking past $123,000 for the first time on July 14. The milestone follows earlier highs of $112,000 on July 9 and $118,000 on July 11, marking a series of sharp moves within days. However, unlike previous rallies, the current surge appears to be supported by healthier market conditions. On-chain […]<\/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-37332","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\/37332","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=37332"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37332\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}