Bitcoin (BTC) Price Prediction: Bitcoin Targets $118K as MVRV Signals Bullish Shift in Market Cycle

Bitcoin

Bitcoin (BTC) Price Prediction: Bitcoin Targets $118K as MVRV Signals Bullish Shift in Market Cycle

Bitcoin (BTC) is on the verge of a crucial breakout, as on-chain metrics and market trends hint at a potential surge above $118,000 in the coming weeks.

The cryptocurrency has recently shown resilience despite short-term volatility, with technical indicators, whale activity, and historical post-halving patterns all pointing to a possible bullish shift. Investors are watching closely as Bitcoin absorbs market fluctuations while positioning for another major rally.

Market Overview: Bitcoin Technical Analysis

As of August 24, 2025, Bitcoin is trading near $115,000, following a short-term pullback from Fridays intraday high of $117,300. Analysts highlight that the current setup is marked by consolidation rather than a clear directional trend.

September brings volatility after Powells Jackson Hole speech, setting the stage for a bullish Q4 in Bitcoin and potentially even stronger gains for altcoins. Source: @rovercrc via X

Key technical indicators show mixed signals. The Relative Strength Index (RSI) remains in neutral territory but has shown slight declines, while the MACD indicates bearish divergence. A bearish trendline has formed, with resistance sitting between $117,000 and $118,000. If Bitcoin can decisively break above this level, it may open the door to higher liquidity zones near $122,000, where many short positions are currently concentrated.

CME gaps are also a factor, with historical patterns suggesting that BTC could revisit the $117,000 area before any major breakout. “CME gaps often act as magnets for price recovery in Bitcoin,” says Charles Ledoux, crypto analyst.

Trend Drivers: Halving, Whales, and Market Sentiment

Several market factors suggest that Bitcoin may be entering a bullish phase. Glassnode data shows that the MVRV Z-Score, which compares Bitcoins market value to its realized value, has dipped below the neutral zone—a signal that historically indicates undervaluation or the start of a trend shift.

Bitcoin is entering a trend shift and must break above $118,000 to confirm a renewed bullish momentum. Source: Ali Martinez via X

Bitcoin has also absorbed significant inflows and outflows on exchanges without breaking key support levels. On one day, over 60,000 BTC flowed into exchanges, while net outflows reached 29,000 BTC, reflecting continued accumulation by long-term holders. The upcoming Bitcoin halving in 2025 adds further upside potential, as reduced supply historically contributes to upward price pressure.

Expert Insights: Inflation Hedge and Institutional Interest

Jerome Powells recent remarks at the Jackson Hole Symposium triggered short-term volatility, yet historical patterns suggest potential for a massive Q4 rally. BTC rallied more than $116,000 in reaction to the dovish tone, and technicals such as an inverse head-and-shoulders pattern and support at the 50-day EMA ($114,800) reinforce bull sentiment.

Bitcoin hits $120K and strong bullish patterns point toward a next target of $150K. Source: Ceciliones on TradingView

Analysts on the X platform note Bitcoin rallies following post-speech speeches historically returned 100–200%, providing confidence for Bitcoin predictions in late 2025. Institutions are now monitoring accumulation zones between $112,000 and $118,000, positioning for strategic entries in anticipation of breakouts.

Bitcoin is also being more widely regarded as an inflation hedge, further compelling demand from long-term holders looking for stability in the face of macroeconomic uncertainty.

Looking Ahead: BTC Next Move and Long-Term Outlook

Bitcoin is at a critical point presently. Prolonged consolidation above $118,000 would pave the way for a run-up towards $131,000, and failure to break above this level might see a short retreat towards $114,000–$113,500.

Bitcoin (BTC) was trading at around $114,974, down 0.58% in the last 24 hours at press time. Source: Bitcoin Liquid Index (BLX) via Brave New Coin

The confluence of technicals, on-chain metrics, and market history presents the potential for a bullish reversal of the market cycle. Investors need to watch BTC price today, keep an eye on whale activity, and consider both short-term volatility and long-term accumulation trends.

As the market processes these dynamics, Bitcoins trajectory in Q4 2025 can further cement its status as a flagship digital asset and inflation hedge amidst an exceedingly volatile environment.