CryptoQuant Analyst Reveals Record Prediction for Bitcoin After 16 Days! "But, First Rally Then plummet!"

The leading cryptocurrency Bitcoin set new records last week, while it is generally expected that BTC will continue its rise in the market.

Bitcoin experienced a brief decline after U.S. President Donald Trump proposed a 50% customs duty on the EU starting from June 1, but today it surpassed 110 thousand dollars again during the day.

At this point, CryptoQuant analyst Axel Adler Jr predicted in a post from his X account that Bitcoin could reach 162 thousand dollars on June 11 with its current growth rate.

The analyst reached the $162,000 prediction for June 11 based on some technical data, first mentioning the Net Unrealized Profit/Loss ratio of short-term Bitcoin holders (NUPL).

Stating that the NUPL rate is currently at 27 percent, the analyst stated that when this rate exceeds 40 percent, investors tend to sell and selling pressure will begin.

"The NUPL ratio is currently 27%. According to the data from the past 4 years, when this indicator exceeded 40%, short-term investors started to sell BTC. This created strong price pressure."

At this point, the analyst stated that considering the current rise trend in NUPL, it is expected that the rate will reach 40% on June 11, predicting a new ATH of 162 thousand dollars in BTC.

"1. Current NUPL: 27 percent

2. Critical threshold: %40 (Historically, investors start taking profits here and apply downward pressure.)

Time to reach 3rd Threshold: 13 pp / 0.818 pp/day ≈ 16 days

Estimated date: June 11, 2025

5. Bitcoin price prediction: 162 thousand dollars.

The analyst recently reminded that historically, when NUPL exceeds 40%, profit-taking begins. With the current daily growth rate of approximately 0.82%, the analyst stated that he expects Bitcoin to reach the 40% threshold on June 11, "This will correspond to a price of about $162,000 for BTC. Selling pressure will begin after $162,000."

The current unrealized profit indicator for Short-Term Holders holding coins for 1 to 3 months is 27%. Over the past 4 years, when this metric rose above 40%, the cohort began selling coins – this created strong price pressure.

1. Current NUPL (Short-Term Holders, 1–3 m): 27% 2.… pic.twitter.com/izQAWOhhId

— Axel 💎🙌 Adler Jr (@AxelAdlerJr) May 26, 2025