Bitcoin’s 70% Chance of Soaring High: Analyst Predicts a Thrilling Ride!

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Key takeaways:

  • Analysts report a rather impressive 70% chance that our dear friend Bitcoin will frolic to fresh highs in just a fortnight. 🎉

  • Spot ETF inflows and an optimistic view on futures are fueling aspirations of upward success. 🚀

  • Internal liquidity at around $114,000-$113,000 might prompt a whimsical dip before the grand finale. 😅

Ah, Bitcoin (BTC) is preparing quite the show! With a 70% probability that our beloved cryptocurrency could vault to new all-time highs within the next two weeks, one can hardly contain the excitement. According to our esteemed Bitcoin oracle, Axel Adler Jr., the market is in a delicate state, all set for a jubilant surge upward, much like a sprightly chap ready to leap into a swimming pool – minus the fear of an icy splash.

Mr. Adler Jr. points out that the Short-Term Holder (STH) MVRV Z-Scores for both 155-day and 365-day cohorts are meandering near the value of zero, implying that the market is neither too hot to handle nor too cool for comfort. 🥵❄️ With BTC dancing just above the STH realized price, one might speculate a brief waltz of consolidation precedes another jolly breakout. “Uptober incoming,” quipped Adler Jr., bringing a hint of seasonal cheer to the proceedings!

As if that weren’t enough, the derivatives data is whispering sweet nothings that bolster our optimistic outlook. Bitcoin futures, those cheeky little devils, are frolicking at a consistent premium to the spot prices, with the seven-day basis gallivanting above the 30-day mark, a telltale sign often linked to a bullish hoedown. However, our cautious seer, Adler Jr., did advise that some pesky overheating signals seemed to have peeked out ahead of the recent FOMC event, with cost baselines rising on scant volume, signaling a hint of late-stage jockeying. 🧐

Despite these minor hiccups, the overarching sentiment still tilts generously towards strength. “There’s a 70% chance that the next two weeks will resemble a gentle uptrend or perhaps a slow stroll sideways,” Adler Jr. elaborated, channeling his inner poet.

Meanwhile, institutional demand acts as a sturdy anchor, as alas, US spot Bitcoin ETFs have managed a rather extraordinary feat, gaining $2.8 billion in net inflows since September 9. This delightful surge has propelled activity into the realm of positivity, much like a well-timed joke during a dull dinner party. With such inflows bolstering BTC prices and indicators aligning like the stars themselves, traders are bracing for what might become a defining chapter in Bitcoin’s next bravely bullish escapade. 📈

Will Bitcoin pause for a dip, or will it merrily scuttle straight towards $124,000?

In a stunning twist, Bitcoin has rallied a remarkable 8.5% this month, ascending from a comfy $107,000 to a frosty $117,800, all while anxiously awaiting the Federal Reserve’s interest rate verdict. 🚀 This steady rise has left behind it trails of internal liquidity – like breadcrumbs for a certain hungry algorithm – hinting at a potential short-term retreat before it resumes its ascent. Historically speaking, September has favored bearish tendencies, but Bitcoin is not one to be tethered by such mundane conventions.

Lo and behold, Bitcoin’s conduct in 2025 has been more rebellious than a teenager at a prom night, mostly ignoring calls for retracements. For much of the year, this audacious asset has hopped over internal liquidity levels, choosing instead to prance between external liquidity zones, or as others may call them, ‘swing highs and lows’ over the course of several weeks. An impressive showcase occurred back in July when BTC casually bypassed liquidity close to $105,000 and shot up to new heights after confirming a daily break of structure, like a racehorse dashing past the finish line. 🏇

Currently, a similar setup seems to be unfurling graciously. Should Bitcoin secure a daily closing price above the magical $117,500, one would assume it would confirm another break of structure, notably diminishing the chances of a drop beneath $114,000. Such a splendid turn of events would dance harmoniously with Mr. Adler Jr.’s prediction of new all-time highs sprouting up in mere weeks.

While a slim chance lingers for a retest of those pesky order blocks hovering near $114,000-$113,000, improving macroeconomic conditions and the lively ETF inflows suggest that buyers may indeed swoop in sooner than anticipated, limiting any ill-fated opportunities for a downturn. The balance between structural liquidity gaps and bullish momentum may ultimately determine whether Bitcoin opts to pause for a quick refresher or sashays directly towards $124,000, much like a well-groomed gentleman striding towards a lavish banquet. 🍽️

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2025-09-18 19:14