The post CryptoQuant Analyst Announces Record Prediction for Bitcoin in 16 Days! “But, First Rally, Then Fall!” appeared on BitcoinEthereumNews.com.

While the leading cryptocurrency Bitcoin broke new records last week, the market generally expects BTC to continue its rise. Bitcoin experienced a brief decline last Friday after US President Donald Trump proposed 50% tariffs on the EU starting June 1, but today it surpassed $110,000 again during the day. At this point, CryptoQuant analyst Axel Adler Jr., in his post from the X account, predicted that Bitcoin could reach $162,000 on June 11 with its current growth rate. While the analyst reached his $162,000 estimate for June 11 based on some technical data, he first touched on the Net Unrealized Profit/Loss (NUPL) ratio of short-term Bitcoin holders. Stating that the NUPL ratio is currently at 27 percent, the analyst said that when this ratio exceeds 40 percent, investors tend to sell and selling pressure will begin. “The NUPL ratio is currently 27 percent. According to data from the past 4 years, when this indicator exceeded 40 percent, short-term investors started selling BTC. This created strong price pressure.” At this point, the analyst predicted a new ATH of $162,000 in BTC, noting that given the current bullish trend in NUPL, the rate is expected to reach 40% on June 11. “1. Current NUPL: 27% 2. Critical threshold: 40% (historically, traders start taking profits here, applying downward pressure.) 3. Time to reach threshold: 13 pp / 0.818 pp/day ≈ 16 days 4. Estimated date: June 11, 2025 5. Bitcoin price prediction: $162k.” The analyst finally reminded that historically, when NUPL exceeds 40 percent, profit-taking begins. Stating that with the current growth rate of about 0.82 percent per day, he expects Bitcoin to reach the 40 percent threshold on June 11, the analyst said, “This will correspond to a BTC price of about $ 162,000. Selling pressure begins after $ 162,000.” The current…

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Filed under: News - @ May 26, 2025 11:18 pm