Predictions Suggest BTC Price Could Reach $162K in Weeks Due to Short-Term Holders

Analysts predict Bitcoin's rally could potentially reach $162,000 by mid-June, largely driven by short-term holders nearing a critical profit margin. Axel Adler Jr. shared that Bitcoin’s Net Unrealized Profit/Loss (NUPL) for short-term holders is at 27%, and they typically start selling when unrealized profits exceed 40%.

Adler's analysis suggests that if the indicator continues to rise at its current rate, it could reach the 40% mark around June 11, 2025, pushing BTC to $162,000. Pseudonymous analyst Dr. Profit supported these projections, citing a "Golden Cross" signal which has historically preceded major Bitcoin rallies. Furthermore, recent on-chain data indicates increased movement of dormant Bitcoin, typically a sign of early bull run stages.

Despite a slight slip from its all-time high, Bitcoin's market cap remains robust, solidifying its position as the fifth-largest global asset.