Bitcoin’s Next Big Move: Larry David Predicts $130,900 🤑 BTC Breakout!

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So, Bitcoin finally broke through its all-time high of $112,000, and now it’s at $118,000. I mean, who saw that coming? 🙄 It’s like, every time I think I’ve got this crypto thing figured out, it just goes and does something completely unexpected. But hey, at least the bulls are in control, right? 🐂

According to some fancy data from CryptoQuant, the MVRV (Market Value to Realized Value) Extreme Deviation Pricing Bands are at 2.25. Now, I don’t know what that means, but it sounds important. Historically, Bitcoin gets into trouble around 3.0, so we’ve got some room to grow before we hit the “oh no, what have I done?” zone. 🚀

This MVRV thing measures how overbought or undervalued Bitcoin is. Right now, it’s saying we’re good to go, which is great news for the bulls. But let’s not get too excited, okay? We’ve all been burned before. 🥶

After weeks of just sitting there, Bitcoin finally decided to make a move. It’s like it was waiting for the perfect moment to say, “Alright, I’ve had enough of this consolidation nonsense. Let’s go!” And now, not only is BTC looking good, but the altcoins are getting in on the action too. 🎉

Of course, this is all happening while the US dollar is weakening and inflation is on the rise. It’s like the government is saying, “Hey, why don’t we just print more money and see what happens?” And the market is like, “Sure, why not? Let’s buy some Bitcoin!” 🤷‍♂️

But let’s not forget, there are still risks. US Treasury yields are high, which is a bit of a red flag. So, while we’re all celebrating this breakout, we should probably keep an eye on the bigger picture. 🧐

Top analyst Axel Adler is using the MVRV oscillator to predict when the first wave of selling might hit. He says that when MVRV hits 2.75, we might see some profit-taking. So, if history repeats itself, Bitcoin could hit $130,900 before the selling starts. But who knows? Maybe this time it’ll be different. 🤞

For now, the breakout is looking strong. The 3-day chart shows a massive bullish candle, and the moving averages are all pointing up. It’s like Bitcoin is saying, “I’m going up, and I’m not looking back!” 🚀

So, where do we go from here? Well, the next big target is $120,000, and then it’s off to the races to $130,900. As long as Bitcoin stays above $112K, the bulls are in the driver’s seat. But let’s not get too cocky. We’ve all been here before. 🤷‍♂️

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2025-07-11 16:22