🚀 Bitcoin enthusiasts, rejoice! Despite BTC's recent rally above $99,000, on-chain data suggests there's still room to grow. Analysts at CryptoQuant predict a potential surge to $146,000, based on realized price valuation metrics. 📈

Indicators like the CryptoQuant Profit and Loss index and the Bull-Bear Market Cycle Indicator show BTC firmly in a bull market, with no signs of overheating. The current metrics are far from the levels seen during previous cycle tops, suggesting the bull phase is still gaining momentum. 🐂

Interestingly, retail activity remains low, with large investors increasing their holdings. Could this be the calm before another BTC storm? 🌩️ Stay tuned!