Predictive Market Analysis Suggests Short-Term Bitcoin Holders May Push Price to $162K in the Coming Weeks
Bitcoin's Current Bull Run Could Reach $162,000 by Mid-June 2025, Analysts Predict
In a potentially significant development for the crypto market, analyst Axel Adler Jr. has forecasted that Bitcoin could hit approximately $162,000 by mid-June 2025. This projection is based on the increasing unrealized profits among short-term Bitcoin holders, as indicated by the Net Unrealized Profit/Loss (NUPL) metric.
According to Adler's analysis, the NUPL for short-term Bitcoin holders stands at 27%, with a daily increase of about 0.818 percentage points. This trend, if sustained, could push the NUPL beyond the critical 40% profit threshold around June 11, 2025. If that happens, Bitcoin's price could soar to $162,000, assuming the absence of any major macro disruptions.
Pseudonymous analyst Dr. Profit's price target aligns with Adler's forecast. He has pointed out a "rare and powerful" Golden Cross signal, historically preceding major Bitcoin rallies in the past two years. In addition, Dr. Profit has identified several price catalysts, such as strong exchange-traded fund (ETF) inflows, Strategy's continued BTC accumulation, and a liquidity cluster at $113,000, that could further drive Bitcoin's price to a short-term range of $117,000 to $120,000.
Recent on-chain behavior also bolsters the bullish narrative. BTC's Mean Dollar Age, a metric that measures the average duration coins are held, has declined from 441 to 429 days since mid-April. This decrease suggests increased spending activity, considered a hallmark of the early stages of a bull run. Moreover, while BTC recently hit an all-time high of $111,814 on May 22, realized profit-taking remains relatively low.
The increase in Bitcoin's price was partially bolstered by US President Donald Trump's extension of the deadline for a 50% tariff on the EU, causing a 6.7% weekly climb and a 16.3% rise over the past 30 days. Despite slipping 1.6% from its all-time high, Bitcoin's market cap remains stable at $2.18 trillion, cementing its position as the fifth-largest global asset.
While these predictions offer an optimistic outlook for Bitcoin investors, it's crucial to remember that such forecasts are not infallible and are subject to changes in market conditions. Before making any investment decisions, it's advisable to conduct thorough research and consider seeking professional financial advice.
Bitcoin's meteoric rise, as predicted by analyst Axel Adler Jr., could potentially be fueled by blockchain technology, with the cryptocurrency reaching an astounding $162,000 by mid-June 2025, given the increasing unrealized profits among short-term Bitcoin holders and the absence of major macro disruptions. Meanwhile, Dr. Profit has also aligned with this prediction, attributing the potential surge to a Golden Cross signal, strong exchange-traded fund inflows, Strategy's continued BTC accumulation, and a liquidity cluster at $113,000.
