
Jakarta, Pintu News – Bitcoin recently reached a significant milestone by breaking the $119,000 price. This rise caught the attention of many analysts and investors around the world.
One crypto analyst, Ali Martinez, used the MVRV Extreme Deviation Pricing Bands model to predict that Bitcoin (BTC) could reach $139,000 in the near future. This model measures the market value of Bitcoin (BTC) compared to its realized value, providing new insights into potential price growth.
The Market Value to Realized Value (MVRV) Ratio model is a tool used to assess whether Bitcoin (BTC) is currently priced too high or too low compared to its realized value. When Bitcoin (BTC) price crosses the 0.5 standard deviation limit on the MVRV band, it often signals the beginning of a bullish price trend.
Ali Martinez points out that this could be a strong indicator that Bitcoin (BTC) will continue to rise. According to the latest analysis, Bitcoin (BTC) has shown an impressive recovery with a rise of almost 7% in the past week. This rise has taken the price of Bitcoin (BTC) to the $119,200 level, marking one of the fastest gains in recent months. This suggests that investors may still see great potential in this crypto asset.
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The crypto market as a whole has shown strong signs of recovery after a difficult few months. Bitcoin (BTC), as the market leader, is often considered a barometer for the overall health of the market. This rise in the price of Bitcoin (BTC) is also driving optimism among other crypto holders and investors, who may see this as confirmation that a bullish trend may be underway.
In addition, on-chain analysis conducted by various experts shows a significant increase in activity within the Bitcoin (BTC) network. This includes an increase in the number of transactions and asset transfers, both of which could be considered positive indicators for continued growth. This increase may also attract more institutional investors looking to secure a position in the crypto market.

If the $139,000 price prediction is reached, it will mark a new era for Bitcoin (BTC) and perhaps crypto as a whole. Investors considering getting into the crypto market or who already have assets in it should pay attention to the models and analysis used by experts like Ali Martinez. While the crypto market is known for its volatility, models like MVRV can provide more stable and data-driven insights for making investment decisions.
It’s also important to remember that, while this analysis paints an optimistic picture, the crypto market remains risky. Any investment decision should be based on thorough research and consideration of various market factors. With the right approach, investors can take advantage of current trends to optimize their profit potential.
Bitcoin’s (BTC) price increase to $119,000 and subsequent prediction to $139,000 indicates strong momentum in the crypto market. The MVRV Extreme Deviation Pricing Bands model used by Ali Martinez provides valuable insights into the potential growth of Bitcoin (BTC) price. Investors and market watchers should continue to monitor this indicator and other factors in the crypto ecosystem to make informed investment decisions.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.