Top market analyst Ali Martinez has shared data on chains that Bitcoin tips to achieve a rating of $ 130,000, albeit on one condition. This bullish price forecast comes after a light price experience of 2.6% in the past two days, so that Bitcoin is pushed within the price range of $ 118,000.
$ 110k emerges as a crucial Bitcoin support zone – here is why
In one X On July 26, Ali Martinez postulates that Bitcoin can be on schedule for a considerable leg higher based on recent data from the MVRV prize ties by Glassnode. However, the Prime Minister Cryptocurrency must prevent a certain support zone from being lost to prevent an invalidity of this bullish thesis.
The MVRV tires, derived from market value to realized value (MVRV) ratios, help visualize when Bitcoin is overvalued or undervalued compared to the historical realized price. These tires work like Bollinger tires, but are based on Fundamentals on the chain, whereby statistical deviations around the average MVRV value are followed.
From July 23, 2025, Bitcoin traded at around $ 118,782, after a steady climb in recent weeks. According to the MVRV price model, the cryptocurrency floated just below the +1.0σ abnormality tape, marked at $ 130,756, which represents the next Grand Price REAST and target. In particular, the +1.0σ band is also interpreted as an important zone of extreme market optimism, often prior to local tops ( +2.0σ)
On the other hand, the tire of the model +0.5σ was at $ 109,858 below current market prices and served as an essential support threshold. Ali Marinez explains that Bitcoin must maintain its price level above this band to maintain a high chance of continuation in the direction of the +1.0σ level target based on historical patterns. However, a breakdown under $ 110,000 can indicate a deeper correction, possibly up to the average tire at around $ 88,960, or lower to $ 68.062 (-0.5σ).
Bitcoin investors take a profit with rising market confidence
According to more data from the MVRV model, the growing distance between the realized price of BTC, around $ 50,831 and the current market price, reflects the growing conviction of investors. For context, the realized price represents the average cost basis of all coins in circulation, so that the average Bitcoin holder is currently indicated in the profit.
At the time of the press, the Prime Minister acts cryptocurrency at $ 118.178 after a 0.73% in the last day. However, the daily trade volume has a significant decrease by 53.39% and appreciates $ 47.98 billion. According to price prediction site Coincodex, The sentiment of Bitcoin Market remains largely bullish, with the Fear & Greed index that approaches extreme greed at 72.
Coincodex analysts project the leading cryptocurrency to maintain its current rebound, rose to $ 122,019 in five days and $ 141,075 in a month.