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Bitcoin price pullback to $91K possible, but onchain data highlights ‘healthy’ market fundamentals

cryptoweekly by cryptoweekly
April 28, 2025
in bitcoin, News
0

Bitcoin spot demand could taper off this week, but onchain and technical data highlight healthy fundamentals, which could pave the way to new all-time highs.

Key Takeaways:

Bitcoin’s year-over-year return and realized price metric signal strong long-term support from holders and suggest that BTC is currently undervalued.

Standard Chartered estimates a Bitcoin price target in the $110,000–$120,000 zone by Q2 2025.

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Recent Posts
  • Price predictions 5/23: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK
  • Crypto Biz: From shorting the Venezuelan Bolivar to shorting the US dollar
  • Bitcoin price ‘breather’ expected as short-term traders realize $11.6B in profit
  • US House members call for investigation into Trump's memecoin dinner
  • ‘In ‘93, it became clear to me AI should be decentralized’ — Ben Goertzel
  • Crypto, NFTs are a lifeboat in the sinking fiat system: Finance Redefined
  • Price predictions 5/23: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK

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