Bitcoin News Today: Bitcoin’s $130K Target Dependent on Sustaining $110K Support Level

Generated by AI AgentCoin World
Sunday, Jul 27, 2025 4:09 pm ET1min read
BTC
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Aime RobotAime Summary

- Bitcoin’s $130,000 target relies on maintaining $110,000 support, per Ali Martinez’s MVRV analysis.

- Current price near $118,782 shows proximity to +1.0σ euphoria band but risks correction if support fails.

- MVRV model highlights overextended conditions, with $50,831 realized price vs. $118,782 market price.

- Coincodex forecasts $141,075 potential, but warns of $68,062 downside if $110,000 threshold breaks.

Bitcoin’s price trajectory toward $130,000 remains contingent on sustaining key support levels, according to on-chain analysis by market expert Ali Martinez. The projection, anchored in Glassnode’s MVRV (Market Value to Realized Value) pricing bands, highlights a bullish scenario but stresses the necessity of maintaining strength above $110,000 to confirm the target [1]. As of July 23, 2025,

Bitcoin
traded at $118,782, nearing the upper bound of the +1.0σ deviation band at $130,756—a level historically linked to market euphoria and potential price peaks [1]. Conversely, the +0.5σ band at $109,858 functions as a critical support threshold. A breakdown below this level would invalidate the bullish outlook, potentially triggering a decline toward the mean band at $88,960 or the -0.5σ level of $68,062 [1].

Martinez’s analysis underscores the MVRV model’s role as a valuation metric, comparing Bitcoin’s market value to its historical cost basis. The current realized price of $50,831—representing the average cost of all circulating coins—reflects a growing gap from the market price, signaling heightened profit-taking among holders [1]. While Bitcoin recently regained 2.6% to $118,000, daily trading volume has plummeted 53.39% to $47.98 billion, suggesting caution among traders [1]. Coincodex analysts project further upside potential, forecasting a five-day target of $122,019 and a monthly goal of $141,075, with the Fear & Greed Index nearing "extreme greed" at 72 [1]. However, these projections depend on Bitcoin holding above $110,000; a reversal below that level could accelerate a correction phase, per historical MVRV patterns [1].

The MVRV model, akin to Bollinger Bands in traditional finance, uses realized price data to identify overextended conditions. While Bitcoin’s proximity to the +1.0σ band indicates a high-risk, high-reward scenario, immediate focus remains on the $110,000 support zone. Martinez’s thesis illustrates the crypto market’s volatility, where technical indicators and fundamental factors intertwine to shape price outcomes [1].

Sources:

[1] [Bitcoin MVRV Pricing Bands Hint At $130K, But Only If This Support Holds] [https://www.newsbtc.com/news/bitcoin/bitcoin-mvrv-pricing-bands-hint-at-130k-but-only-if-this-support-holds/]

[2] [Manuel - Pump.fun to Allegedly Launch Incentive Program] [https://www.facebook.com/photo.php?fbid=729895319923679&set=a.130****63246274&type=3]