Key Takeaways: Bitcoin’s year-over-year return and realized price metric signal strong long-term support from holders and suggest that BTC is currently undervalued. Standard Chartered estimates a Bitcoin price target in the $110,000–$120,000 zone by Q2 2025. Positive funding rates point to a potential long squeeze to $90,500. Bitcoin’s (BTC) weekly close near $94,000 delivered an impressive year-over-year total return of 53.61%. Since the last halving in 2024, the market has shifted from t...
Bitcoin price pullback to $91K possible, but onchain data highlights 'healthy' market fundamentals
Coin Telegraph - 28 Apr 2025 21:30
Key Takeaways: Bitcoin’s year-over-year return and realized price metric signal strong long-term support from holders and suggest that BTC is currently undervalued. Standard Chartered estimates a Bitcoin price target in the $110,000–$120,000 zone by Q2 2025. Positive funding rates point to a potential long squeeze to $90,500. Bitcoin’s (BTC) weekly close near $94,000 delivered an impressive year-over-year total return of 53.61%. Since the last halving in 2024, the market has shifted from t...
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