If you woke up this morning and found Bitcoin (BTC) lounging below $110,000, don’t panic—unless you’re allergic to wild speculation, in which case, maybe just have some tea. The crypto universe is abuzz with the age-old question: “Is this the top?” But according to several analysts who probably own more tinfoil hats than you, the answer is a resounding “Not yet!” (Cue dramatic music and a suspiciously well-timed thunderclap.)
Bitcoin Rally Not Over Yet, Analysts Say (And They’ve Got Charts!)
On X (formerly known as Twitter, currently known as “that place where everyone’s an expert”), Master of Crypto has been busy connecting Bitcoin’s fate to the global M2 money supply. Apparently, BTC likes to play follow-the-leader with global cash flows, lagging behind by about 10 weeks. If this cosmic dance continues, we could see Bitcoin pirouette up to $184,000 by July 2025. That’s enough for a decent spaceship ticket—or at least a really fancy sandwich.
But wait, there’s more! Master of Crypto also invoked the mystical NVT Ratio, which is basically Bitcoin’s way of asking, “Am I overvalued yet?” Think of it as the P/E ratio for people who prefer their assets digital and their stress levels high. History says when NVT spikes, Bitcoin takes a nosedive—2018 and 2022 were classic examples. Right now? The NVT is still stretching its legs. But when it flashes red, maybe consider buying yourself something nice… or at least a helmet.
Every cycle, when it spikes the top is in. 2018: NVT spiked. BTC dumped. 2022: Same story. 2025: It’s building…but not there yet. Still room to grow. But when NVT flashes red? Take your profits.
If you’re new here, the NVT Ratio compares Bitcoin’s market cap to the dollar value of on-chain transactions. High NVT? Maybe overvalued. Low NVT? Maybe undervalued. Or maybe it’s just Tuesday.
Meanwhile, Merlijn The Trader (who sounds like he should be casting spells rather than charts) shared a BTC daily chart showing a Golden Cross—a bullish omen where the 50-day moving average leaps over the 200-day moving average like an enthusiastic salmon. The last two times this happened, Bitcoin soared by 162% and 73%. No pressure.
How High Can BTC Surge? (Insert Dramatic Drumroll Here)
Analyst Jelle claims Bitcoin is following the Power of Three pattern, which sounds suspiciously like something from a fantasy novel. If BTC dodges a major correction, it could hit $140,000 soon—assuming reality doesn’t intervene.
Titan of Crypto (no relation to Greek mythology) is eyeing a bullish pennant breakout with a target of $113,000. Ted Pillows (possibly not his real name) thinks $120,000 is on the cards thanks to the Wyckoff Accumulation pattern—because nothing says “science” like naming things after people. Burak Kesmeci is aiming for $159,000, presumably because round numbers are boring.
And if you’re planning for retirement on Mars, ARK Invest’s Cathie Wood predicts BTC could hit $1.5 million by 2030. At the time of writing, BTC is at $109,616—down 1.1% in the past 24 hours, but hey, who’s counting?
Would you like me to break down or explain any part of this code?
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2025-05-24 12:44