Bitcoin (BTC) increased from around USD 108,000 from September 1 to over USD 115,000 at the time of writing – noting an boost of about 4% in the last two weeks. However, fresh data on the chain suggests that bitcoins can be found Modern ups of all time (ATH).

Bitcoin rises above the price of intracerexiated owners

According to quick cryptochants post By a collaborator Shayanmarkets, the recent Bitcoin reflection from USD 107,000 to slightly above USD 114,000 has raised digital assets compared to the completed price of owners in half (3-6 months).

For the uninitiated, the price of intra -fifteen owners is the average cost of Bitcoin acquisitions owned by wallets, which have recently moved their coins over the past 3-6 months. It serves as a key level of rotation, often acting as support or resistance, which reflects the sentiments and potential pressure of the sale of this cohort.

According to the analysis carried out by Shayanmarkets, the price of intra -Bed Holders is currently around USD 114,000. Now that BTC has increased above this level, the probability of immediate sale has decreased significantly. The analyst added:

A solid breakthrough and maintenance above this level will confirm that the renewed trust from intra -fifteent owners, potentially serving as starting another stubborn leg that could drive bitcoins to the up-to-date ups of all time. And vice versa, no stopping above $ 114,000, shifting the sentiment back in the direction of caution and opens the path to deeper repair movements.

Bump on the road for BTC

A collaborator of Cryptochants Gaah drew attention to short-term owners’ relations (STH) (SOP), standardized with a 30-day movable average. The co -creator noticed that after four months of consistent action above the break line, the indicator now shows that STH is selling his shares with a loss.

STH Selling BTC with a loss indicates a “temporary loss of trust” from speculators who are usually more sensitive to price changes. Although BTC has increased from USD 60,000 to USD 125,000 over the past year, Sopt STH has noticed descending peaks.

In previous cycles, a rapid price boost is usually accompanied by peaks in the region of extreme greed, which is suggested by a mighty retail participation. However, the current market cycle has not seen such a dynamics, which suggests that the price boost was probably maintained by institutional investors.

Gaah added that historically the market peaks were confirmed only when SOP STH levels achieved levels of extreme greed, development that did not yet occur during the current rally. As a result, the long -term trend remains mighty, and the current implementation of losses can be a ephemeral fit withdrawal.

To say that, some analysts care The fact that Bitcoin may already be very close to reaching the summit in this market cycle. Other provide That BTC may break down in September before he resumes his stubborn trajectory in the fourth quarter of 2025.

Still, some analysts forecast Bitcoin reached even $ 150,000 until Christmas. During the BTC press it trades at 115 050 USD, which is an boost of 0.7% in the last 24 hours.

Recommended photo from Unsplash, charts from Cryptoquant and Tradingview.com