{"id":129720,"date":"2025-05-21T16:19:00","date_gmt":"2025-05-21T16:19:00","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=129720"},"modified":"2025-05-21T16:19:00","modified_gmt":"2025-05-21T16:19:00","slug":"bitcoin-enters-acceleration-phase-resembling-btc-price-gains-seen-after-trump-election-victory","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=129720","title":{"rendered":"Bitcoin enters \u2018acceleration phase\u2019 resembling BTC price gains seen after Trump election victory"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsKey takeaways:<br \/>\nThe Bitcoin Quantile Model shows \u201cheat\u201d with price on the verge of an \u201cacceleration phase,\u201d echoing Q4 2024 when BTC embarked on a 45% post-election rally.<br \/>\nBitcoin (BTC) price has formed a new intraday high on each daily candle this week, with the crypto asset slowly grinding toward a new all-time high. In line with its current trajectory, 21st Capital co-founder Sina noted that Bitcoin is approaching a pivotal moment around the $108,000 level.\u00a0<br \/>\nThe Bitcoin Quantile Model update shows that BTC\u2019s market reflects the same \u201cheat\u201d that was present after President Trump\u2019s post-election rally and the spot ETF-driven highs during Q4 2024. The model, which uses quantile regression to map Bitcoin\u2019s price phases on a logarithmic scale, indicates the cryptocurrency is in the Transition Zone, a critical juncture before the Acceleration Phase. Throughout Q4, 2024, Bitcoin rallied by 45% after entering a price discovery period above $74,500.\u00a0<br \/>\nBitcoin Quantile Model. Source: X.comAs illustrated in the chart, once it breaks into the &#8220;Acceleration&#8221; Phase, it could trigger BTC\u2019s next leg or the mid-phase, typically between the 33% and 66% range. Based on the model, BTC is expected to progressively target price levels of $130,000 and $163,000 in the coming months.\u00a0<br \/>\nHowever, anonymous Bitcoin analyst apsk32 believed a price target above $200,000 is a \u201creasonable\u201d expectation for 2025. Basing the projection on Bitcoin\u2019s \u201cpower curve,\u201d the analyst noted that BTC\u2019s position relative to gold has significantly improved since April.\u00a0<br \/>\nFrom a technical standpoint, this view is supported by the recent convergence of the Sharpe ratios for Bitcoin and gold, suggesting that the two hard assets now offer comparable risk-to-reward profiles to their investors.\u00a0<br \/>\nFidelity\u2019s Director of Global Macro Jurrien Timmer shed light on this development, recommending a 4:1 goal-to-Bitcoin ratio from an allocation perspective.\u00a0<br \/>\nRelated:\u00a0Bitcoin &#8216;blow-off top&#8217; set at $128K with new all-time highs in sight<br \/>\nStrong Bitcoin volumes \u201cfinal straw\u201d before new highs\u00a0<br \/>\nCrypto researcher Aylo analyzed BTC\u2019s historical price action when the crypto asset consolidates near its all-time high level. In an X post, the analyst explained,\u00a0<br \/>\n\u201cThe data shows when BTC gets close to its previous ATH during a strong, accelerating trend with high momentum, it has historically broken out to new ATHs within a short time (days to weeks).\u201d<br \/>\nHowever, weaker trends have led to stalls or retraces between March and May 2024. Currently, Bitcoin exhibits a strong trend but lacks the necessary trading volume, which remains the final straw to confirm a breakout, a factor that could delay upward movement.<br \/>\nAlyo added that for Bitcoin to break its all-time highs, daily trading volume should exceed the previous 10 days, be at least 1.5 times the 20-day average, and ideally sustain a 3-day increase while the price holds steady or rises.<br \/>\nData from CryptoQuant has reinforced Aylo\u2019s concerns about trading volume. On May 21, retail investor demand for Bitcoin, defined as wallets buying\/selling between $0 and $10,000, remained low at just 3.2% over 30 days, despite BTC trading within $2,000 of its all-time high.<br \/>\nBitcoin\u2019s retail investor volumes. Source: CryptoQuantFor comparison, bullish retail demand accounted for approximately 30% in December 2024\u2014nearly 10 times higher than current levels\u2014even though Bitcoin was well below, at a price range of $96,000 to $97,000.<br \/>\nRelated:\u00a0How high can Bitcoin price go?<br \/>\nThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-enters-acceleration-phase-resembling-btc-price-gains-seen-after-trump-election-victory?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsKey takeaways: The Bitcoin Quantile Model shows \u201cheat\u201d with price on the verge of an \u201cacceleration phase,\u201d echoing Q4 2024 when BTC embarked on a 45% post-election rally.&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129720"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=129720"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/129720\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=129720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=129720"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=129720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}