Will 2025 be another bullish year for Bitcoin? – This analyst believes…
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Journalist Posted: February 28, 2025 Trump’s 25% EU tariff plan added pressure to an already volatile crypto market. Analyst Chapo predicts Bitcoin’s MVRV could peak at 3.2, signaling further bullish momentum. The crypto market faces renewed pressure as U.S. President Donald Trump announces plans to impose a 25% tariff on the European Union, further unsettling global financial markets. This latest development adds to the turbulence already shaking digital assets, intensifying concerns over economic uncertainty. Crypto analyst’s bullish BTC outlook However, not all analysts see doom ahead—Assure DeFi CEO and crypto analyst Chapo remains optimistic, believing Bitcoin [BTC] still has room to peak in this cycle despite the ongoing volatility. Referencing Bitcoin’s Market-Value-to-Realized-Value (MVRV) ratio, a key metric for assessing valuation, analyst Chapo shared insights on X (formerly Twitter), stating, “I predict a peak MVRV this cycle around 3.2, meaning we have another bullish year in 2025 ahead before we reach the pico top this cycle.” For those unaware, Bitcoin’s MVRV last hit this level in April 2021, when its price surged to $58,253—marking a 101% gain from $28,994. Chapo added, “We aren’t there yet.” What is the MVRV ratio trying to tell us? Bitcoin’s MVRV ratio, which assesses whether the asset is overvalued or undervalued by comparing market capitalization to realized capitalization, currently stands at 1.95, according to Bitbo. However, crypto analyst Chapo highlighted that the current MVRV stands at 2.09. This indicates that the average BTC holder has more than doubled their initial investment. He further noted that historically, MVRV sees sharp spikes when Bitcoin nears its cycle peak. This reinforces the view that the market remains in a strong bullish phase. He said, “If history tells us anything, it’s that MVRV will spike vertically during a market top and reach a point at which profit-taking exceeds new buying…
Filed under: News - @ February 28, 2025 2:28 am