Featured News Headlines
Bitcoin Price Analysis – Will Bitcoin Break Its All-Time High? Key Metrics Say Yes
Bitcoin Price Analysis – Bitcoin (BTC) traded just 3% below its all-time high, showing resilience but also subtle signs of fatigue in recent sessions. The Asian market rally on June 9 boosted overall crypto sentiment, yet a notable dip in Open Interest (OI) warned traders to exercise caution.
Inflation Concerns Temper Bullish Sentiment
Rising Core CPI inflation data and a 0% probability of a Fed rate cut next week weighed on investor optimism. Despite these macroeconomic headwinds, on-chain metrics reveal a healthy bullish conviction among long-term holders. According to CryptoQuant Insights analyst Crypto Dan, Net Realized Profit and Loss (NRPL) remains significantly calmer than the dramatic levels witnessed in November-December 2024.
This reduction in profit-taking activity suggests that whales anticipate higher Bitcoin prices ahead, keeping upward momentum intact.
New All-Time Highs Likely in This Cycle
Crypto Dan concludes that a new all-time high (ATH) for Bitcoin is highly probable during this market cycle. The recent data indicates a resurgence in accumulation, a vital factor supporting sustainable growth.
Accumulation Phase Gaining Strength
Bitcoin’s 365-day Mean Coin Age (MCA), which tracks how long coins have remained dormant, has been on an upward trend throughout 2025. The brief price dip to $105,000 in early June caused a temporary drop in this metric, signaling some selling activity.
However, in the following days, the MCA has steadily increased even as Bitcoin’s price approaches its ATH again, reflecting network-wide accumulation rather than widespread selling.
On-Chain Movement and Market Dynamics
The 7-day moving average (DMA) of Age Consumed showed intense token movement in late May, comparable to the high activity observed at the end of 2024. Since the sharp spike on June 2, this metric has calmed, suggesting reduced selling pressure.
This pattern reinforces the notion that Bitcoin’s price is likely to trend higher, with no immediate signs of euphoria or excessive profit-taking typically seen near cycle peaks.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
