Key factors:
-
Bitcoin enjoys one other golden cross, this time from the NVT indicator.
-
Earlier crosses have all preceded main durations of BTC worth upside.
-
Value targets embrace new all-time highs inside a matter of weeks.
Bitcoin (BTC) stays in a “wholesome uptrend” with new all-time highs anticipated inside weeks.
The latest research from onchain analytics platform CryptoQuant says that BTC worth motion has room for “growth” at $117,000.
Bitcoin awaits good points from new NVT golden cross
Bitcoin continues to be removed from overheated, in accordance with a traditional main indicator that predicts native BTC worth tops and bottoms.
The community worth to transaction golden cross (NVT-GC) software, which compares market cap to the worth of onchain transactions inside a given time-frame, at present sits in “impartial” territory.
Damaging NVT-GC values, particularly these underneath -1.6 on its scale, usually precede durations of worth upside. As soon as the metric passes 2.2, a bearish reversal turns into extra probably.
The newest lengthy sign got here in July, when NVT-GC reached -2.8. It then rebounded to 0.3.
“This means neither excessive overvaluation nor undervaluation, however reasonably a wholesome uptrend,” CryptoQuant contributor Pelin Ay summarized in one in all its Quicktake weblog posts this week.
“Quick Time period: With the metric not elevated, Bitcoin isn’t but in bubble territory. There may be nonetheless room for worth growth.”
NVT-GC has a powerful latest observe document. Its earlier 4 dips into the “lengthy” zone all resulted in BTC worth good points, including in August 2024.
BTC worth due “potential push” to all-time excessive
The metric provides to the telltale indicators that the Bitcoin bull market isn’t but over.
Associated: Bitcoin repeats May breakout move as analysis expects $118K showdown
As Cointelegraph reported, July additionally sparked a “buy” signal on shifting common convergence/divergence (MACD), whereas evaluation argued that it was not yet time for a blow-off prime.
In his newest X content material, fellow CryptoQuant contributor Axel Adler Jr. recommended that BTC worth discovery may return by October.
“BTC worth sits simply above STH Realized Value, setting the stage for 1–2 weeks of consolidation with a possible push to ATH,” he wrote, referring to the mixture price foundation of Bitcoin wallets hodling cash for as much as six months.
STH MVRV Z-Scores (155D & 365D) are hovering close to zero – the market is neither overheated nor oversold, basically balanced.
BTC worth sits simply above STH Realized Value, setting the stage for 1–2 weeks of consolidation with a possible push to ATH.
Uptober incoming 🌊 pic.twitter.com/hFaycSGxRy
— Axel 💎🙌 Adler Jr (@AxelAdlerJr) September 18, 2025
Ay was cautious, seeing a possible $150,000 goal as This fall enters.
“Total, Bitcoin isn’t in a high-risk zone,” she concluded.
“Historic patterns counsel the worth may climb towards the $120,000–$150,000 vary within the coming months.”
This text doesn’t include funding recommendation or suggestions. Each funding and buying and selling transfer includes danger, and readers ought to conduct their very own analysis when making a call.
