Bitcoin Price Prediction: Short-Term Holders’ Unrealized Profit Set to Hit 40% by June 11th

According to recent insights from COINOTAG, **CryptoQuant** analyst **Axel Adler Jr.** revealed that the **Unrealized Profit/Loss (UPPL)** of short-term Bitcoin holders, those with positions held for 1-3 months, currently stands at **27%**. Historically, when this metric surpasses **40%**, we often observe significant sell-offs from these holders, contributing to downward price momentum. This trend is noteworthy, as Adler anticipates that, at the present daily growth rate of approximately **0.818 percentage points**, the UPPL threshold will likely hit **40%** by **June 11th**. Should this occur, projections indicate that the **Bitcoin** price could potentially approach **$162,000**. However, Adler emphasized that this forecast is founded on linear trends and does not factor in unpredictable market disruptions or “Black Swan” events, which could pose substantial risks to the market environment.

Source: https://en.coinotag.com/breakingnews/bitcoin-price-prediction-short-term-holders-unrealized-profit-set-to-hit-40-by-june-11th/