Bitcoin Profit-Taking Highlights $140K as Critical Target for Bull Market Continuation

On-chain analytics from CryptoQuant show Bitcoin long-term holders have realized significantly lower profits in 2025 compared to 2024. To match last cycle’s profit levels, BTC needs to rise to around $140,000, marking a pivotal milestone for achieving historical gains.

Jul 2, 2025 - 15:47
Jul 2, 2025 - 15:50
Bitcoin Profit-Taking Highlights $140K as Critical Target for Bull Market Continuation

Lower Profits for Long-Term Holders Trigger $140K Target

CryptoQuant’s analysis reveals that long-term holders—those who haven’t sold in six months—realized average profits around 220% this year, well below the 300–350% range seen in early and late 2024. Using the Market Value to Realized Value (MVRV) ratio, researchers conclude that a $140,000 Bitcoin price is needed to reset profit levels to 2024 benchmarks.

$140K as a Market Magnet

Analyst Darkfost notes that BTC’s realized profits are "far from bunkers" compared to past cycles. He adds that to match those highs, the price must rise to the proposed $140,000 level, a threshold many in the market now view as the next major target.

Ongoing Bullish Momentum Despite Profit-Taking

Further indicators show continued bullish momentum. While some holders take profits near current levels, others are expecting “post-breakout retests” or wait for golden crosses before committing again. This behavior suggests BTC is digesting recent gains while preparing for another upward leg.

What Comes Next?

  • Catalyst Watch: Breaking above $140K could trigger renewed profit-taking—but also fund the next wave toward all-time highs.
  • Support Levels: Sustained movement above key support zones and trendlines (e.g., Golden Cross areas) will be critical for maintaining bullish bias.
  • Market Confidence: A strong push to $140K would validate sentiment shifts and potentially mark the beginning of a broader price discovery stage.

Final Take:

CryptoQuant’s findings position $140,000 as Bitcoin’s next natural ceiling—not just speculative hope. Achieving it would signal that long-term holders have recaptured previous profit heights and set the stage for a sustained bull market. With on-chain metrics and analyst consensus converging, all eyes are now on whether Bitcoin can hold above this critical threshold.