• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Bitcoin

Satoshimeter Shows Where The Bitcoin Price Is In This Cycle

Moussa by Moussa
August 2, 2025
in Bitcoin
0
Satoshimeter Shows Where The Bitcoin Price Is In This Cycle
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


The Bitcoin price surge above $120,000 has reignited speculation about where the flagship cryptocurrency stands in the current cycle. While price action alone offers only part of the picture, on-chain data from the Satoshimeter indicator suggests that Bitcoin is still firmly in the mid-phase of its cycle, pointing to significant potential ahead in its long-term trajectory. 

Bitcoin Price Still In Mid-Cycle Stage

Bitcoin’s climb from $100,000 to a new ATH above $123,000 has brought fresh attention to on-chain metrics used to identify the cryptocurrency’s current stage in the present market cycle. Among them, the Satoshimeter, an indicator developed by crypto analyst Stockmoney Lizard, offers a nuanced look into Bitcoin’s movements and price position. 

Related Reading

According to the expert’s analysis released on X social media, the Satoshimeter signaled that Bitcoin is still far from the euphoric peak zones observed in previous bull markets. Stockmoney Lizard also claimed that Bitcoin’s rally is in its mid-cycle or intermediate phase rather than the final leg of the bull cycle.  

Supporting this analysis, the Satoshimeter employs on-chain metrics to map out Bitcoin’s cyclical behavior, identifying both long-term bottoms and tops. Historically, this indicator’s readings around 1.6 have typically marked major bear market bottoms, as seen in the price chart in the years 2011, 2015, 2019, and 2022. Higher values, on the other hand, previously aligned with cycle peaks and often signaled sharp corrections. 

As of now, the Satoshimeter is still well below the upper extremes, signaling that the Bitcoin price is not yet in the overheated zone. The analyst’s chart illustrates this trend clearly. Each past market top is marked by a steep spike in the indicator, aligning with parabolic price action and extreme sentiment.

In contrast, current indicator readings are elevated but stable, sitting in the mid-range, well below levels seen at past cycle tops. This suggests that Bitcoin’s broader bullish structure remains intact, with potential for further upside on the table. 

Bitcoin is currently trading at $113,599. Chart: TradingView

Bitcoin To Reach $200,000 This Cycle?

Based on the Satoshimeter’s current level, Stockmoney Lizards projects an extended run in the Bitcoin price. While the recent jump above $123,000 reflects growing momentum, the analyst anticipates a stair-step progression toward a potential high of $200,000 before a significant market correction sets in.  

Related Reading

This projection is based not only on the readings from the Satoshimeter indicator but also on the movements seen in prior cycles, where BTC typically moved through multiple phases of accumulation, breakout, and parabolic growth. As of writing, the flagship cryptocurrency is trading at $113,759, reflecting an 8.3% decline from its all-time high. With $200,000 set as its next peak target, this implies a potential rally of more than 75% in the current cycle. 

Featured image from Unsplash, chart from TradingView



Source link

Related articles

XRPL Infrastructure: Ripple CTO Shares ‘Most Useful Thing’ For The Network

XRPL Infrastructure: Ripple CTO Shares ‘Most Useful Thing’ For The Network

August 4, 2025
Bitcoin Demand Holds Strong Despite Price Drop: Accumulation Trend Remains Intact

Bitcoin Demand Holds Strong Despite Price Drop: Accumulation Trend Remains Intact

August 4, 2025
Share76Tweet47

Related Posts

XRPL Infrastructure: Ripple CTO Shares ‘Most Useful Thing’ For The Network

XRPL Infrastructure: Ripple CTO Shares ‘Most Useful Thing’ For The Network

by Moussa
August 4, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple’s Chief Technology Officer, David Schwartz, has taken...

Bitcoin Demand Holds Strong Despite Price Drop: Accumulation Trend Remains Intact

Bitcoin Demand Holds Strong Despite Price Drop: Accumulation Trend Remains Intact

by Moussa
August 4, 2025
0

Bitcoin is trading just above the $112,000 level after breaking down from a consolidation range that held for over two...

Chainlink Debuts Real-Time Market Data for Tokenized Stocks, ETFs

Chainlink Debuts Real-Time Market Data for Tokenized Stocks, ETFs

by Moussa
August 4, 2025
0

Chainlink has launched Data Streams, providing real-time pricing for U.S. equities and exchange-traded funds (ETFs) directly on blockchain networks. Chainlink...

peer discovery – how to obtain the IP addresses of nodes for mining pools?

bitcoin core – Making a transfer script usinf taproot address P2TR

by Moussa
August 4, 2025
0

I'm tryping to make a transfer script, to transfer bitcoin from on address to another I have given my entire...

Beeple Set to Host an NFT Event “CryptoPunks Meetup” on Aug 09

Beeple Set to Host an NFT Event “CryptoPunks Meetup” on Aug 09

by Moussa
August 4, 2025
0

Join Our Telegram channel to stay up to date on breaking news coverage The global non-fungible token market has shown...

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]JTNDcCUzRSUzQ2RpdiUyMGNsYXNzJTNEJTIydG5wJTIwdG5wLXN1YnNjcmlwdGlvbiUyMiUzRSUwQSUzQ2Zvcm0lMjBtZXRob2QlM0QlMjJwb3N0JTIyJTIwYWN0aW9uJTNEJTIyaHR0cHMlM0ElMkYlMkZhcHByb3gub3JnJTJGJTNGbmElM0RzJTIyJTNFJTBBJTBBJTNDaW5wdXQlMjB0eXBlJTNEJTIyaGlkZGVuJTIyJTIwbmFtZSUzRCUyMm5sYW5nJTIyJTIwdmFsdWUlM0QlMjIlMjIlM0UlM0NkaXYlMjBjbGFzcyUzRCUyMnRucC1maWVsZCUyMHRucC1maWVsZC1maXJzdG5hbWUlMjIlM0UlM0NsYWJlbCUyMGZvciUzRCUyMnRucC0xJTIyJTNFRmlyc3QlMjBuYW1lJTIwb3IlMjBmdWxsJTIwbmFtZSUzQyUyRmxhYmVsJTNFJTBBJTNDaW5wdXQlMjBjbGFzcyUzRCUyMnRucC1uYW1lJTIyJTIwdHlwZSUzRCUyMnRleHQlMjIlMjBuYW1lJTNEJTIybm4lMjIlMjBpZCUzRCUyMnRucC0xJTIyJTIwdmFsdWUlM0QlMjIlMjIlM0UlM0MlMkZkaXYlM0UlMEElM0NkaXYlMjBjbGFzcyUzRCUyMnRucC1maWVsZCUyMHRucC1maWVsZC1lbWFpbCUyMiUzRSUzQ2xhYmVsJTIwZm9yJTNEJTIydG5wLTIlMjIlM0VFbWFpbCUzQyUyRmxhYmVsJTNFJTBBJTNDaW5wdXQlMjBjbGFzcyUzRCUyMnRucC1lbWFpbCUyMiUyMHR5cGUlM0QlMjJlbWFpbCUyMiUyMG5hbWUlM0QlMjJuZSUyMiUyMGlkJTNEJTIydG5wLTIlMjIlMjB2YWx1ZSUzRCUyMiUyMiUyMHJlcXVpcmVkJTNFJTNDJTJGZGl2JTNFJTBBJTNDZGl2JTIwY2xhc3MlM0QlMjJ0bnAtZmllbGQlMjB0bnAtcHJpdmFjeS1maWVsZCUyMiUzRSUzQ2xhYmVsJTNFJTNDaW5wdXQlMjB0eXBlJTNEJTIyY2hlY2tib3glMjIlMjBuYW1lJTNEJTIybnklMjIlMjByZXF1aXJlZCUyMGNsYXNzJTNEJTIydG5wLXByaXZhY3klMjIlM0UlQzIlQTBCeSUyMGNvbnRpbnVpbmclMkMlMjB5b3UlMjBhY2NlcHQlMjB0aGUlMjBwcml2YWN5JTIwcG9saWN5JTNDJTJGbGFiZWwlM0UlM0MlMkZkaXYlM0UlM0NkaXYlMjBjbGFzcyUzRCUyMnRucC1maWVsZCUyMHRucC1maWVsZC1idXR0b24lMjIlM0UlM0NpbnB1dCUyMGNsYXNzJTNEJTIydG5wLXN1Ym1pdCUyMiUyMHR5cGUlM0QlMjJzdWJtaXQlMjIlMjB2YWx1ZSUzRCUyMlN1YnNjcmliZSUyMiUyMCUzRSUwQSUzQyUyRmRpdiUzRSUwQSUzQyUyRmZvcm0lM0UlMEElM0MlMkZkaXYlM0UlM0NiciUyRiUzRSUzQyUyRnAlM0U=[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News