{"id":4988,"date":"2025-10-09T18:16:10","date_gmt":"2025-10-09T18:16:10","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/10\/09\/bitcoin-price-slumps-below-120000-but-market-enters-euphoria-phase-and-analysts-eye-180k-peak\/"},"modified":"2025-10-09T18:16:10","modified_gmt":"2025-10-09T18:16:10","slug":"bitcoin-price-slumps-below-120000-but-market-enters-euphoria-phase-and-analysts-eye-180k-peak","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/10\/09\/bitcoin-price-slumps-below-120000-but-market-enters-euphoria-phase-and-analysts-eye-180k-peak\/","title":{"rendered":"Bitcoin Price Slumps Below $120,000, But Market Enters \u2018Euphoria Phase\u2019 and Analysts Eye $180K Peak"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin Price Slumps Below $120,000, But Market Enters \u2018Euphoria Phase\u2019 and Analysts Eye $180K Peak<\/a><\/p>\n

<\/div>\n

Bitcoin price was holding steady near the $120,000 mark today but recently slumped below that mark to $119,768. All this movement is after a volatile<\/a> and bullish start to October.<\/p>\n

Some analysts point to signs that the market has entered<\/a> what many describe as the \u201ceuphoria phase\u201d of the current bull cycle.<\/p>\n

Bitcoin price surged more than 30% since the start of the year, buoyed by sustained inflows into U.S.-listed Bitcoin exchange-traded funds<\/a>, renewed investor confidence in digital assets, and expectations that the Federal Reserve will move toward cutting interest rates.\u00a0<\/p>\n

Bitcoin price briefly touched above<\/a> $126,000 earlier this week \u2014 its highest ever \u2014 before easing slightly to the $120,000\u2013$123,000 range over the last couple of days as traders digested macroeconomic and on-chain signals.<\/p>\n

Bitcoin\u2019s late-stage rally<\/h2>\n

Despite the pause, on-chain analysts suggest that the broader uptrend may be far from over. Data frameworks like the Bitcoin \u201cCycle Master\u201d model indicate<\/a> that the market is entering a late-stage rally, historically marked by sharp price acceleration followed by steep corrections.\u00a0<\/p>\n

The model divides bitcoin\u2019s long-term price range into undervalued, fair value, and overvalued zones \u2014 and currently places the upper \u201covervalued\u201d boundary around $260,000, with a more conservative cycle peak near $180,000.<\/p>\n

\n<\/div>\n

The short-term holder Market Value to Realized Value (MVRV) ratio<\/a> \u2014 a measure of how much profit recent investors are sitting on \u2014 reinforces that view. When this metric has historically approached 1.7, Bitcoin has neared its top before major pullbacks.\u00a0<\/p>\n

At current realized price levels, that ratio would correspond to a bitcoin price between $180,000 and $195,000, suggesting room for continued upside before euphoria turns into excess.<\/p>\n

Economic conditions affecting Bitcoin\u00a0<\/h2>\n

Meanwhile, macro conditions remain mixed. Minutes from the Federal Reserve\u2019s September policy meeting revealed<\/a> that most officials still see scope for rate cuts later this year, even as inflation concerns linger.\u00a0<\/p>\n

The ongoing U.S. government shutdown<\/a> and stronger U.S. dollar have tempered some of the \u201cdebasement trade\u201d narrative that previously fueled bitcoin\u2019s rise alongside gold.<\/p>\n

If the historical pattern holds, Bitcoin\u2019s current euphoria phase may carry it toward the $180,000\u2013$200,000 zone before sentiment shifts.\u00a0<\/p>\n

For now, with prices steady around $120,000 and volatility compressing, traders are watching closely for the next leg higher \u2014 and for clues about when exuberance might turn into excess.<\/p>\n

This post Bitcoin Price Slumps Below $120,000, But Market Enters \u2018Euphoria Phase\u2019 and Analysts Eye $180K Peak<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin Price Slumps Below $120,000, But Market Enters \u2018Euphoria Phase\u2019 and Analysts Eye $180K Peak Bitcoin price was holding steady near the $120,000 mark today but recently slumped below that mark to $119,768. All this movement is after a volatile and bullish start to October. Some analysts point to signs that the market […]<\/p>\n","protected":false},"author":0,"featured_media":4989,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-4988","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=4988"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/4988\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/4989"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=4988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=4988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=4988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}