Bitcoin (BTC) has recently been actively traded between two key market groups – long-term holders (LTH) and short-term holders (STH). This dynamic movement suggests a growing potential for further price growth.
Activity Between Long-Term and Short-Term Holders
Long-term Bitcoin holders are starting to accumulate again, while short-term holders are gradually selling off their positions. Miners are also benefiting from increased profitability despite rising mining difficulty.
Bitcoin has surpassed the $100,000 mark for the second time this year, reaching a new all-time high of over $109,000. This level now appears to serve as potential psychological support, with optimistic market sentiment fueling further price increases.
Analyses indicate that the ongoing exchange of BTC between short-term and long-term holders strengthens the optimistic outlook for this cryptocurrency.
Is History Repeating Itself?
According to data from CryptoQuant, short-term holders have started selling their Bitcoins at a loss, as indicated by the Short-Term Holder (STH) SOPR metric. This metric compares profits and losses for STH over 30-day and 365-day periods.

A value below 1 indicates losses, which is the current situation. Historically, this trend often motivates long-term holders to accumulate more BTC. LTH, who hold Bitcoin for at least 155 days, are considered a stable and bullish force in the market.
When LTH start accumulating BTC, the circulating supply decreases, creating upward pressure on Bitcoin's price.
Miner Profitability as a Growth Driver
While BTC holders are trading positions, miners are enjoying increased profitability despite more challenging mining conditions. The growing mining difficulty ensures the stability of the Bitcoin network but also raises computational requirements.

According to Glassnode's Difficulty Regression Model, miners are currently achieving triple profitability. The cost of mining 1 BTC is now $33,900, while BTC's market value is $104,900.
Thanks to this high profitability, miners may prefer to hold onto their BTC reserves, further reducing the circulating supply in the market. Combined with accumulation by long-term holders, this creates favorable conditions for price growth.
Will BTC Rise by 500%?
BTC's current price performance aligns with historical trends, particularly the bull market observed between 2015 and 2018. According to Glassnode data, Bitcoin could rise by as much as 562%, which would translate to approximately $589,000 per BTC.

If this projection materializes, BTC could reach a new all-time high. The current market sentiment remains bullish, supporting the possibility of continued growth for this cryptocurrency.

#Bitcoinmining , #BTC , #CryptoTrading. , #CryptoNewss , #prediction

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$XLM Price Prediction: Could Stellar's Cryptocurrency Soar to New Heights?

Stellar ($XLM ) has emerged as a noteworthy player in the cryptocurrency arena, particularly as the native currency of the Stellar network, which is pivotal for enabling cross-border transactions and asset transfers. In this piece, we’ll delve into XLM’s price forecast and the various elements that might steer its value in the coming months and years.

Current Market Overview

Currently, XLM is valued at approximately $0.12, boasting a market cap exceeding $2.5 billion. The currency has entered a phase of consolidation, with its price oscillating between $0.10 and $0.15 recently.

Short-Term Price Outlook

In the near term, analysts foresee a potential uptick in price ranging from 10-20%. This boost is attributed to the expanding adoption of the Stellar platform and a rising interest in XLM, potentially pushing its value to between $0.14 and $0.16 shortly.

Mid-Term Price Outlook

Over the next 6 to 12 months, the expectation is for prices to settle within a corridor of $0.15 to $0.25. The increasing application of the Stellar network for cross-border payments and asset exchanges is likely to elevate demand, subsequently influencing prices.

Long-Term Price Outlook

Looking further ahead to 2025 and beyond, experts anticipate that XLM could experience significant growth, potentially increasing by 50-100% or more. This prediction is supported by the growing utilization of the Stellar network and sustained interest in XLM. By 2025, some forecasts even suggest the possibility of reaching $0.50 or higher.

Influential Factors on XLM’s Price

Several elements could sway XLM’s future pricing, including:

1. Adoption Rates for the Stellar Network: The rising usage of the network for cross-border transactions may enhance both demand and valuation.
2. Strategic Partnerships: Collaborations with major financial entities could bolster adoption and positively impact pricing.
3. Regulatory Changes: Shifts in the regulatory landscape could have significant repercussions for XLM’s valuation and integration.
4. Competition Dynamics: The emergence of competing cryptocurrencies may affect XLM’s market position and price trajectory.

Conclusion

Navigating XLM’s price prediction is intricate, with numerous considerations to bear in mind. Although short-term forecasts can often be unpredictable, the mid to long-term perspectives seem optimistic. It’s vital for investors to conduct thorough research and assess their risk tolerance prior to diving into XLM or any other cryptocurrency.

References:

- CoinMarketCap
- Coindesk
- CryptoSlate
- Decrypt
#XLM #BinanceMegardropSolv #AltcoinBoom #prediction #crypto

Month Minimum Price Average Price Maximum Price Potential ROIFebruary $0.508 $0.554 $0.599 3.9%March $0.538 $0.565 $0.592 2.7%April $0.510 $0.521 $0.532 -7.7%May $0.477 $0.509 $0.540 -6.3%June $0.440 $0.507 $0.573 -0.6%July $0.518 $0.565 $0.611 6%August $0.354 $0.440 $0.525 -8.9%September $0.376 $0.389 $0.402 -30.3%October $0.368 $0.386 $0.404 -29.9%November $0.369 $0.390 $0.411 -28.7%December $0.365 $0.392 $0.418 -27.5%All Time $0.438 $0.474 $0.510 -11.6%#Write2Earn #TrendingTopic #prediction #news #cardano

Year Minimum Price Average Price Maximum Price2024 $3,148.38 $3,264.06 $3,742.852025 $4,626.11 $4,789.30 $5,567.832026 $6,519.47 $6,758.93 $8,141.982027 $9,482.09 $9,820.05 $11,418.612028 $14,341.52 $14,832.52 $16,512.372029 $20,601.28 $21,342.92 $24,813.542030 $29,348.44 $30,415.60 $35,346.572031 $42,553.33 $43,769.96 $50,680.522032 $63,281.22 $65,469.72 $72,738.782033 $90,018.08 $93,291.56 $109,479.632040 $125,010.69 $130,608.19 $140,870.252050 $151,132.33 $161,394.40 $173,522.30#Write2Earn #TradeNTell #eth #ethereum #prediction