Basic Points:
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Bitcoin enjoys another Golden Cross, this time from the NVT indicator.
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The preceding crosses were preceded by the major prices of BTC prices.
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Price targets include new all-time highs within a week.
Bitcoin (Btc) remains in a “healthy uprising” with new hours high expectations within a few weeks.
The Latest research From the Onchain’s analytics platform says the BTC price action has a room for “expanding” to $ 117,000.
Bitcoin awaits those who got from the new NVT Golden Cross
Bitcoin is still far from overheating, according to a classic leading indicator predicts the local top and bottom of the BTC price.
The network value of the Golden Cross (NVT-GC) transaction tool, comparing the market cap to the cost of onchain transactions within a given time-given time, currently sitting in the “neutral” territory.
The negative values of the NVT -GC, especially those under -1.6 in its size, usually fore the reversal periods. When the scale passes 2.2, a bearish reversal becomes more likely.
The latest long signal arrived in July, when the NVT -GC -2.8 reached. Then it bounces at 0.3.
“This suggests excessive examination or undervaluation, but rather a healthy uprising,” the cryptoquant contributing that Pelin was to be -summarized in one of the QuickTake blog posts this week.
“Short term: In a scale that is not raised, Bitcoin is not yet in the bubble territory. There is still a room for expanding the price.”
NVT-GC has a wonderful recent track record. The past four dips in the “long” zone all resulted in those earned in BTC prices, including in August 2024.
BTC prices due to “potential pushing” all the time
The scale adds to the signs that the bitcoin bull market has not yet finished.
Related: Bitcoin repetition may be a moveout of the move since the analysis of the $ 118k showdown review
As Cointelegraph reported, July also Sparks a “buy” signal On moving the average convergence/difference -Iba (MACD), while the assessment has argued that it is It’s not time yet for a blow-off top.
In his latest X content, fellow contributing Axel Adler Jr suggested that the discovery of BTC prices could return in October.
“The price of BTC is just sitting above STH realizing the price, which sets the stage for 1-2 weeks of integration -with the potential pushing to ATH,” write.
The sth MVRV Z -scores (155D & 365D) walks near zero -the market is not very hot or unnoticed, essentially balanced.
The BTC price is just sitting above STH realizing the price, which sets the stage for 1-2 weeks of integration with the potential push for ATH.
Up to incoming 🌊 pic.twitter.com/hfaycsgxry
– Axel 💎 ADLER JR (@AXELADLERJR) September 18, 2025
Ay is careful, seeing a potential of $ 150,000 target as Q4 enters.
“In general, Bitcoin is not in a high-risk zone,” he concluded.
“Patterns in history suggest that the price can climb towards the $ 120,000- $ 150,000 range in the coming months.”
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
