Bitcoin price pullback to $91K possible, but onchain data highlights ‘healthy’ market fundamentals

Key Takeaways:Bitcoin’s year-over-year return and realized price metric signal strong long-term support from holders and suggest that BTC is currently undervalued. Standard Chartered estimates a Bitcoin price target in the $110,000–$120,000 zone by Q2 2025. Positive funding rates point to a potential long squeeze to $90,500. Bitcoin’s (BTC) weekly close near $94,000 delivered an impressive year-over-year total return of 53 source: https://cointelegraph.com/news/bitcoin-price-pullback-to-91-k-possible-but-onchain-data-highlights-healthy-market-fundamentals?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound