On May 22, Bitcoin registered a recent highest all time for $ 111,970. Since then, market prices have increased to around USD 108,000, largely impact on macroeconomic pressure. After this development, an outstanding cryptographic analyst beetroot Kesmeci supports the most crucial cryptocurrency to return and exceed this current highest level in history, based on the latest data in the chain.
Bitcoin Advanced NVT maintains above the key level: the continuation of the stubborn game remains in the game
Advanced network value for transactions (NVT) is a chain valuation model that compares the Bitcoin market limitation with the daily USD transaction size. It is used to assess whether the resource is overstated or underestimated in relation to employ.
Basically, higher advanced NVT values indicate increased speculations of investors, while maintained levels above key thresholds often coincided with earnest bulls. According to the beetroot of Kesmeci in X Post On May 24, Bitcoin Advanced NVT Signal recently exceeded the standard +2 ( +2xSD) deviation, a historically significant border that signals the period of stubborn market strength and solid trust in investors.
As you can see in Q4 2023 and Q4 2024, an advanced NVT crossover above +2xSD illuminated in an orange picture in the picture below was previously a starting for stubborn continuations, which caused extended periods of rush up.
Although the advanced NVT signal is currently reduced, Kesmeci explains that as long as this record remains above level +2xSD, Bitcoin will probably maintain its upward trend, which indicates that cryptocurrency in the coming weeks of cryptocurrency.
Since Bitcoin exceeds its former level of all time last week, the most crucial cryptocurrency still seems to be reaching high prices set by several market analysts. However, macroeconomic factors, in particular commercial policy in the US, remain the main influence capable of causing significant failures, as can be seen from the beginning of 2025.
Bitcoin market review
During the Bitcoin press, it trades at USD 107,835 after price revenues of 4.02% and 15.37% respectively in the last seven and thirty days. Meanwhile, the daily volume of trading on the market fell by 31.58% and valued at USD 45.94 billion.
According to the data with Blockchain Analytics SentoraThe Bitcoin network has occurred by a 51.03% augment in network fees, signaling a significant augment in transactions and user activities.
Meanwhile, the exchange revenues were valued at $ 184 million, which the Sentor described as “mild” compared to previous weeks. This development indicates that many investors have decided to sell their BTC resources, despite the recent highest in history, signaling long -term market trust.
With market capitalization, 2.13 trillion USD Bitcoin still occupies the largest cryptocurrency and the fifth largest assets in the world.
