As 2025 begins positively for Bitcoin, experts evaluate the potential continuation of cryptocurrency's price rally. Market focus centers on key metrics and sentiments.
Miners' Performance
The Puell Multiple assesses miners’ daily income relative to their annual average. The recent rise above 1 may indicate a resurgence, despite lower revenues post-halving.
Bullish Signals for Bitcoin
The MVRV Z-Score shows Bitcoin's market value is still well below historical peaks, indicating growth potential. Moving average analysis of the MVRV Z-Score signals unrealized price escalation potential.
Future Market Sentiment
The Bitcoin Fear and Greed Index reflects a stable level of greed in the market. Historical patterns suggest elevated greed levels can persist, supporting continued growth. However, extreme greed can lead to significant corrections. Current indicators point towards Bitcoin challenging and possibly surpassing previous highs.
According to key market indicators and sentiments, Bitcoin's growth in 2025 is likely to continue, despite potential short-term fluctuations.