Oh, darling, analysts are whispering—rather dramatically—that Bitcoin’s current frolic upward may be teetering on the edge of a peak. And no, it’s not just because the price is doing the cha-cha; it’s all about the Market Value to Realized Value, 365-day moving average (MVRV 365DMA). Yes, that delightfully tedious on-chain metric is stealing the spotlight.
According to a July 28 analysis by CryptoQuant contributor Yonsei_dent, the 2025 cycle appears to be channeling its inner 2021 with a “double-top camel” structure. Picture this: two peaks, six months apart, followed by a bear market so painful it could make even the most stoic investor weep into their spreadsheet.
MVRV: The Sassy Warning Light 💡
Ah, the MVRV 365DMA—a beacon of historical reliability when it comes to spotting market tops. It measures the average profit or loss of Bitcoin holders over a year, and in 2021, it gave us a delightful dual-peak performance before Bitcoin tumbled into an extended downtrend. Lo and behold, Yonsei’s analysis suggests we’re witnessing an encore. The first peak has already graced us with its presence, and the second might arrive around September 10—if history insists on repeating itself like a broken record.
Yonsei_dent, ever the cautious host at this financial soirée, warns traders to “tighten risk management and stay nimble.” After all, the MVRV is a lagging indicator, meaning Bitcoin’s actual price peak could crash the party as early as late August. How terribly inconvenient!
“We’re entering a zone where optimism and caution must coexist,” he quipped. “Let on-chain timing guide your strategy.”
How quaintly contradictory, given the current market sentiment is practically throwing confetti with bullish enthusiasm. A recent weekly candle close at $119,466 has fellow analyst Rekt Capital suggesting a potential breakout from a long-term bull flag pattern. But darling, cracks are forming beneath the glittering surface. As CryptoVizArt pointed out, a bearish divergence between price and the RSI is lurking ominously, and liquidation clusters around $114,000 and $113,600 are poised to ruin everyone’s fun.
Price Action: Still Putting on a Show 🎭📈
As of Monday, BTC is trading at $118,800, according to CoinMarketCap. That’s up 0.5% in 24 hours but a modest 3.4% below its all-time high of $123,091, set on July 14. While Bitcoin has gained 10.6% in the past month and 75% over the last year, its weekly change is as flat as a glass of champagne left out too long—just 0.1%. Momentum seems to be taking a nap.
The OG cryptocurrency waltzed between $117,953 and $119,754 in the last 24 hours and between $115,184 and $119,959 over the past week. Clearly, it’s consolidating in a tight little zone, much like a debutante practicing her curtsey. With the MVRV ratio flashing red and macro catalysts like potential Fed rate cuts looming, the next six weeks could determine whether this market cycle ends with a bang or a whimper—if Yonsei_dent’s crystal ball is to be trusted.
Read More
- SOL PREDICTION. SOL cryptocurrency
- ETH PREDICTION. ETH cryptocurrency
- USD TRY PREDICTION
- SHIB PREDICTION. SHIB cryptocurrency
- WLD PREDICTION. WLD cryptocurrency
- EUR AUD PREDICTION
- CRO PREDICTION. CRO cryptocurrency
- EUR CNY PREDICTION
- GBP CNY PREDICTION
- Brent Oil Forecast
2025-07-28 15:36