Bitcoin price is preparing for “70 % to 80 %” as the Onchain and Spot BTC Etf Spike standards

Bitcoin (BTC) The price has been in the direction of a continuous decline since January, but on April 22 it exceeded $ 91,000, the first high outbreak of this year and the possible start for a new long -term interdependence.

The high high style occurred after BTC moves higher than its highest level and its previous resistance at $ 88,500, but the real factor that will keep the price standing on its feet buy sizes in different groups of Bitcoin market.

US Bitcoin Etfs spot Record The total net flow of $ 381 million on April 21 has not seen the levels since January 30.

In addition to the increase in the price of bitcoin, the high bitcoin price indicates that there is a possible return in the institutional demand for bitcoin, and the change in the direction of the circulating investment boxes can compensate for the sale of the maximum BTC price for several months.

but, Request for a retail investor (Buy sizes between 0 and 10,000 dollars) It remains less than 0 %, indicating that low -size buyers are not yet. During the past year, these investors failed to escape BTC prices, but they are strengthening the price of prices as soon as the investor size becomes positive.

Cryptoquant Maartunn community High This current gathering is moved by the leverage instead of moving it. Glassnode data also indicated that Bitcoin Futures Open Vructure (OI) increased by $ 2.4 billion in less than 36 hours.

To get the Bitcoin price to maintain a strong location of more than $ 90,000, the current contradiction between future traders and retail traders requires a decrease.

Related: Bitcoin ratio to gold risk a 35 % decrease after Wall Street $ 13T

Bitcoin can acquire “70 % to 80 % of here”

From a long -term perspective, the founder of Dyor Crypto Hitesh Malviya said that BTC may gain 70 % to 80 % if it maintains the MVRV ratio for the next six weeks.

The value of the market value is compared to the achieved value (MVRV), which is the main Onchain scale, to the maximum Bitcoin market with the maximum achieved – the value of the metal currencies in the last transaction price. Historically, MVRV often refers to an increase in the excessive value in the market, while the values ​​near 2 have preceded strong prices.

The MVRV degree of Bitcoin remained above October 2, 2024 to February 2025, coinciding with its highest level ever. Recently, the scale decreased less than 2 during the market correction, but it is now trying to restore this main level.

Related: Bitcoin traders turn to $ 93,000 annually with a 6 -week BTC price increased

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.