Crypto analyst Sminston With recently shared insights that suggest significant upside potential for Bitcoin. The patterns identified and market participant behavior indicate possibilities for reaching new highs.
Power Law Model Indicates Predictable Growth
According to Sminston With, Bitcoin may still be in the early stages of its market cycle with potential price growth on the horizon. With's analysis employs a 365-day simple moving average (SMA) model that shows a high correlation to historical price trends.
Price Deviations Highlight Volatility
Another chart presented by With focuses on current price deviations from the trendline. These insights confirm that Bitcoin continues to experience substantial cyclical volatility, contradicting the belief that its bull cycles are flattening.
Long-Term Holders Move Billions in BTC
Data from Glassnode indicates that long-term Bitcoin holders (LTHs) have recently moved approximately $4.02 billion worth of BTC. This transfer volume marks the largest by the 1-to-5-year cohort since February 2025, suggesting strategic profit-taking coincides with price peaks.
Bitcoin's outlook remains promising despite volatility and market participant behaviors. With's analysis provides a long-term bullish perspective while emphasizing the importance of current market tracking.
