Overview

• Bitcoin is trading around $115,800, nearly doubling from roughly $63,000 in late 2024.
• Short-term modeling from Coincodex suggests a move toward about $126,000 by the end of September.
• Analysts outline year-end scenarios in the $130,000–$150,000 range, with a neutral case near $110,000–$125,000 and support cited around $90,000–$100,000.
• Cited indicators skew constructive, including an MVRV ratio near 2.1, a stock‑to‑flow reading around 426, an elevated NVT, and mostly positive Binance funding rates.
• Sentiment remains upbeat with 82% of 4.8 million CoinMarketCap votes optimistic, while institutional and ETF flows are viewed as key to sustaining momentum.