{"id":17612,"date":"2025-09-23T20:18:50","date_gmt":"2025-09-23T19:18:50","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=17612"},"modified":"2025-09-23T20:18:55","modified_gmt":"2025-09-23T19:18:55","slug":"exploring-the-potential-reasons-for-a-bitcoin-price-surge-resembling-2023","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/exploring-the-potential-reasons-for-a-bitcoin-price-surge-resembling-2023\/","title":{"rendered":"Exploring the Potential Reasons for a Bitcoin Price Surge Resembling 2023"},"content":{"rendered":"\n

Bitcoin MVRV Ratio Moving Toward a Rally<\/h2>\n\n\n\n

Bitcoin<\/a> has reignited discussions about its market cycle, with investors closely monitoring on-chain signals and derivatives for insights. The MVRV Ratio<\/strong> approached 2.1<\/strong>, a zone that has historically preceded parabolic rallies<\/strong>, signaling a pre-euphoria phase<\/strong>.<\/p>\n\n\n\n

BTC’s MVRV ratio at 2.1 indicates a pre-euphoria zone, previously followed by parabolic rallies and renewed market conviction<\/strong>. This signal points toward increased upside potential<\/strong> in the medium term.<\/p>\n\n\n\n

Beyond the MVRV ratio, the NVT ratio<\/strong> at 759<\/strong>, the Stock-to-Flow peak<\/strong> at 426<\/strong>, and positive funding rates collectively support Bitcoin’s next potential rally<\/strong>. These indicators converge to paint a highly bullish<\/strong> picture.<\/p>\n\n\n\n

\"MVRV<\/figure>\n\n\n\n

NVT and Stock-to-Flow Strengthen Bitcoin’s Appeal<\/h2>\n\n\n\n

The Network Value to Transactions (NVT) ratio has surged to 759<\/strong>, indicating that Bitcoin’s market value<\/strong> has outpaced its transaction volume. Historically, such increases have indicated investor confidence<\/strong> in holding BTC, with price appreciation outstripping network activity.<\/p>\n\n\n

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\"NVT
Source: Santiment<\/figcaption><\/figure>\n<\/div>\n\n\n

Similarly, Bitcoin’s<\/a> Stock-to-Flow Ratio, which compares circulating supply to new coin issuance, has significantly increased to 426<\/strong>, indicating tightening supply dynamics. Spikes in this metric typically precede major bullish movements<\/strong>, reinforcing Bitcoin’s investment appeal<\/strong> as scarcity<\/strong> intensifies.<\/p>\n\n\n

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\"Stock
Source: Santiment<\/figcaption><\/figure>\n<\/div>\n\n\n

Are These Signals Paving the Way for Another Rally?<\/h2>\n\n\n\n

Binance<\/a> funding rates have primarily remained positive, confirming traders’ inclination toward leveraged longs. Sustained positive rates<\/strong> indicate that market participants are willing to pay premiums to hold leveraged longs, highlighting strong speculative demand<\/strong>.<\/p>\n\n\n\n

Bitcoin’s NVT, Stock-to-Flow, and funding rate trends converge to paint a bullish picture. With expanding valuation, tightening supply, and intact leverage demand<\/strong>, the evidence favors continued upside<\/strong>. If history repeats itself, these indicators could lay the groundwork for Bitcoin’s<\/strong> next major rally<\/strong>.<\/p>\n\n\n

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\"Binance
Source: Santiment<\/figcaption><\/figure>\n<\/div>\n\n\n

How to Buy Bitcoin on Bitget?<\/h2>\n\n\n\n

With speculative demand intact and indicators remaining bullish<\/strong>, Bitcoin may be preparing for its next major rally<\/strong>. Here’s how to easily purchase it on Bitget:<\/p>\n\n\n\n

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  1. Create a Bitget<\/a> Account<\/strong>\n