AxelAdlerJr
Bitcoin in equilibrium with growth potential to $130K
Current Bitcoin dynamics fit within the STH-MVRV pricing corridor - a metric reflecting the average profitability of recent buyers. The upper boundary of this range (+1σ) currently runs around $130K and serves as a zone where short-term holders more actively lock in profits. Meanwhile, since the beginning of 2024, the price has steadily held above the average realized level (yellow line on the chart), indicating sustained bullish sentiment. Bitcoin is currently in a state of equilibrium within the established volatility corridor. Short-term drops below the baseline are quickly bought up, and the market structure remains healthy. If current dynamics persist, a move toward $130K appears realistic. AAJ