{"id":6178,"date":"2025-08-01T05:00:26","date_gmt":"2025-08-01T05:00:26","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoins-next-big-surge-on-chain-metrics-suggest-a-price-shift-is-near\/"},"modified":"2025-08-01T05:00:26","modified_gmt":"2025-08-01T05:00:26","slug":"bitcoins-next-big-surge-on-chain-metrics-suggest-a-price-shift-is-near","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoins-next-big-surge-on-chain-metrics-suggest-a-price-shift-is-near\/","title":{"rendered":"Bitcoin\u2019s Next Big Surge? On-Chain Metrics Suggest a Price Shift Is Near"},"content":{"rendered":"

Bitcoin (BTC) continues to face resistance just under the $120,000 mark, struggling to build enough momentum for a breakout. Over the past 24 hours, the cryptocurrency has remained in a tight trading range above $118,000, representing a slight decline of nearly 4% from its most recent all-time high.<\/p>\n

Despite the lack of upward movement, analysts suggest that Bitcoin may be entering a phase of energy consolidation rather than signaling an imminent downturn.<\/p>\n

According to data<\/a> from CryptoQuant, two separate market analysts have shared their perspectives on BTC\u2019s current cycle, focusing on long-term valuation metrics and investor activity patterns that could influence the next significant price movement.<\/p>\n

Bitcoin MVRV Ratio Signals Potential Upside Momentum<\/h2>\n

CryptoQuant contributor CoinCare highlighted the role of the Market Value to Realized Value (MVRV) ratio in assessing Bitcoin\u2019s position in its current market cycle.<\/p>\n

The MVRV ratio measures whether BTC is trading above or below its perceived fair value, with readings below 1 often marking market bottoms and readings above 3.7 typically associated with market peaks.<\/p>\n

In a recent post<\/a> titled \u201cThe MVRV Indicator is Converging Toward Its 365-Day Moving Average. What Comes Next\u201d, CoinCare explained that Bitcoin\u2019s MVRV is currently at 2.2, gradually moving closer to its 365-day moving average.<\/p>\n

\"Bitcoin<\/p>\n

\u201cHistorically, when the MVRV ratio converges toward its long-term average, it tends to rebound and move toward overvalued territory, often accompanying price growth,\u201d the analyst noted.<\/p>\n

Based on historical patterns, CoinCare expects BTC to continue consolidating before attempting another upward push, potentially retesting overvaluation levels if buying activity strengthens.<\/p>\n

New Investor Activity Indicates Healthy Late Bull Cycle<\/h2>\n

A separate analysis from another CryptoQuant analyst, AxelAdlerJr, examined Bitcoin\u2019s market structure based on investor dominance metrics.<\/p>\n

The below levels that previously indicated overheated market conditions, which reached 64% and 72% during local price peaks in March and December 2024, respectively.<\/p>\n

According to AxelAdlerJr, the steady increase in activity from new market participants since July 2024 suggests that fresh liquidity is entering the market, supporting ongoing bullish sentiment.<\/p>\n

At the same time, long-term holders are selling moderately, with a coefficient of 0.3, meaning that the supply from coins held for three years or more is being absorbed without triggering sharp market corrections.<\/p>\n

\u201cThis dynamic indicates that while new buyers are active, there is still space before the market reaches euphoric levels, which typically occur when new investor dominance exceeds 60-70%,\u201d the analyst stated.<\/p>\n

\"Bitcoin<\/p>\n

Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) continues to face resistance just under the $120,000 mark, struggling to build enough momentum for a breakout. Over the past 24 hours, the cryptocurrency has remained in a tight trading range above $118,000, representing a slight decline of nearly 4% from its most recent all-time high. Despite the lack of upward movement, analysts…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[245],"tags":[22,247,28,32,36,51,250],"class_list":["post-6178","post","type-post","status-publish","format-standard","hentry","category-bitcoin-news","tag-bitcoin","tag-bitcoin-market","tag-bitcoin-news","tag-btc","tag-btcusdt","tag-crypto","tag-crypto-market"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=6178"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6178\/revisions"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=6178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=6178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=6178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}