Bitcoin (BTC) is at a pivotal moment in 2025, with on-chain data signaling the possibility of a significant price surge or extended consolidation. According to CryptoQuant analyst Axel Adler Jr., there are three potential scenarios for Bitcoin’s future, each shaped by critical momentum indicators and historical trends.
Adler’s analysis highlights Bitcoin’s current position in the “start rally” zone, with an on-chain momentum ratio of 0.8 (80%). This suggests that Bitcoin is ready for movement, but the direction remains uncertain.
The first, most optimistic scenario points to a breakout above the 1.0 ratio threshold, possibly triggering a bullish rally that could push BTC to as high as $175,000 within six months. The second scenario suggests a period of consolidation between $90,000 and $110,000, while the third, more cautious outlook involves a potential correction to $70,000-$85,000 if the momentum ratio drops below 0.75%.
With Bitcoin’s realized capitalization hitting an all-time high and whales accumulating significant amounts of BTC, the market sentiment points to a strong possibility of an upward price movement in the near future.
