Key Insights
What are the indicators suggesting a potential bullish recovery for Bitcoin?
Signals like Net Unrealized Profit, miner accumulation, and the formation of a ‘golden cross’ are pointing towards a possible uptrend.
What factors could drive Bitcoin’s price to $130,000 by the end of the year?
Breaking above $110,000, increasing ETF investments, and favorable macroeconomic conditions could fuel a surge in price.
Bitcoin [BTC] has been under pressure since hitting an all-time high of $126,199.
Currently, it has dropped by about 16.89% according to TradingView data. However, signs are emerging that suggest a shift in market sentiment with bulls regaining strength.
Early Indicators of a Bullish Rebound
Several indicators are starting to show potential for a Bitcoin recovery. The Net Unrealized Profit (NUP) metric indicates a possible market bottom.
Historical data reveals that whenever Bitcoin trades below the 0.5 region on the NUP chart, it tends to rally after crossing above it. Similar patterns were observed in January 2024, July 2024, and April 2025. Currently, the Bitcoin NUP stands at 0.47, suggesting a similar fractal pattern could be forming.
Source: CryptoQuant
Miners are also adjusting their strategy. Data from CryptoQuant indicates that the mining index has turned negative, at -0.3. This implies that miners are reducing selling activity and gradually accumulating more Bitcoin.
Emerging Bullish Patterns
The Technical Pricing Model, which combines short-term and long-term Moving Averages, is showing a bullish sentiment. The Golden Cross formation, where the 50-day Moving Average crosses above the 200-day Moving Average, has historically preceded significant price increases. This pattern appeared in September 2023, August 2024, and April 2025, preceding notable price surges.
Source: Glassnode
Current market activity suggests that a similar setup is forming, with both spot and institutional investors showing signs of an upcoming uptrend.
Institutional investors reportedly bought around $523.98 million worth of Bitcoin recently, while spot investors sold approximately $71.9 million in the past week following a larger purchase of $536.58 million in the previous month.
Experts Predict Bitcoin to Reach $130,000
Farzam Ehsani, Co-founder and CEO of VALR, believes that Bitcoin is demonstrating strength, but the real rally is yet to begin. He suggests that breaking above $110,000 could trigger a stronger bullish trend.
Ehsani also mentioned that as the U.S. government shutdown nears resolution and more macroeconomic data emerges, assets like Bitcoin could gain clearer direction. Inflation and CPI data are seen as potential catalysts.
“This could mark the start of a new upward market cycle and pave the way for BTC to revisit its previous highs and potentially surpass $130,000 by the end of the year, especially if ETF investments increase.”
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