Bitcoin Price Hits $126,000 Amidst Bullish Market Momentum
The price of Bitcoin has reached a new all-time high of $126,000 in 2025, rising from $93,300 in January. Despite recent corrections, on-chain data suggests a potentially positive outlook for the cryptocurrency.
Key On-Chain Insights
- An analyst using the Value Coin-Days Destroyed (VCDD) to Spent Output Profit Ratio (SOPR) metric identifies significant support and resistance levels.
- 'Gamma + Epsilon' indicates structural highs due to Long-Term Holder (LTH) profit-taking, currently around $147,937.
- 'Delta + Epsilon' shows support from Short-Term Holder (STH) entries, valued at approximately $92,902.
- Epsilon represents potential price floors.
LTH Support and Bitcoin Pricing Trends
- Bitcoin's price historically aligns with these metrics, breaking above structural highs during bull runs and approaching potential lows near Epsilon.
- Currently, Bitcoin trades within LTH and STH support zones; a breach of the lower support could indicate a bear market onset.
Presently, BTC is priced at approximately $11,890 without substantial movement recently.
