CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

coinpedia 2025-07-09 08:54:00

Bitcoin Price Could Break ATH in 7 Days, Here’s What the Data Reveals

The post Bitcoin Price Could Break ATH in 7 Days, Here’s What the Data Reveals appeared first on Coinpedia Fintech News It’s been nearly two months since Bitcoin last tried and failed to break past the $112K mark. Three attempts, and still no new all-time high. But that might be about to change. According to recent on-chain data, Bitcoin could be just days away from setting a new record . CryptoQuant analyst Axel Adler Jr. has spotted a repeating pattern that could explain what’s building beneath the surface, and why a major breakout might be next. Bitcoin’s New High Just Days Away Over the years, Bitcoin has shown an interesting habit. When its price keeps rising during a bull market and there is no big drop, it often hits a new record within about 50 days. According to Axel Adler Jr, it has now been 47 days since Bitcoin last reached its all-time high, and so far there hasn’t been a sharp fall of more than 20%. If this pattern continues, Bitcoin could break its old record very soon. If there is no deep correction (a decline of more than 20%) during a bull market, a new all-time high typically occurs within 50 days. It's now been 47 days since the last ATH, and we haven’t seen any major pullback. History doesn’t have to repeat itself but the numbers don’t… pic.twitter.com/BS1R0lhNdZ — Axel Adler Jr (@AxelAdlerJr) July 9, 2025 Looking back at past bull runs in 2013, 2017, and 2021, the same thing happened. When sellers did not cause big pullbacks, Bitcoin stayed strong and reached new highs in just a few weeks. And the time between each new record has also become shorter over the years, showing how strong buying pressure can push the price up when the market stays calm. Will History Repeat Itself? Axel Adler Jr points out that the same setup is playing out again and data shows the odds are leaning toward a breakout rather than a breakdown. Volatility is calm, no big sell-offs have hit yet, and Bitcoin is holding its ground near its peak levels. . If these calm conditions continue, Bitcoin could easily test new price records within the next 7 days. Weak Dollar is Also Helping Bitcoin Supporting this outlook is another CryptoQuant analyst, Darkfost shared a chart focusing on the U.S. Dollar Index (DXY), and it tells a familiar story. Weak Dollar, Strong Bitcoin: A Time-Tested Correlation “This chart highlights periods where the DXY trades below its 365-day moving average. Looking at historical data, it becomes clear that such periods have been highly favorable to BTC.” – By @Darkfost_Coc pic.twitter.com/viwbcfNhdM — CryptoQuant.com (@cryptoquant_com) July 9, 2025 Whenever the DXY trades below its 365-day average, Bitcoin tends to perform well. Right now, the dollar is weakening again, and based on past data, this environment has always been good for Bitcoin’s price. As of now Bitcoin price is trading around $108,769 , reflecting a slight rise seen in the last 24 hours.

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约