Bitcoin’s Bull Run Stays Solid: What Could Spark the Next BTC Price Surge?

By: crypto insight|2025/09/03 17:10:02

Published Time: 2025-09-03T09:06:01.000Z

Bitcoin continues to capture attention with its resilient upward trend, even as recent movements suggest a momentary pause. Analysts are optimistic, pointing out that certain key factors could ignite a fresh breakout, pushing BTC beyond current levels into uncharted territory. Let’s dive into what might trigger that exciting shift, drawing from the latest market insights and data as of early September 2025.

Why Bitcoin’s Momentum Feels Like It’s Building Steam

Imagine Bitcoin as a runner in a marathon who’s just hit a steady pace after a sprint – not slowing down, but conserving energy for the final push. That’s the vibe right now. Despite a pullback from highs around $112,000 earlier this year, the overall bull trend holds firm. Recent data shows BTC trading at approximately $105,320, up 0.08% in the last 24 hours, with Ethereum at $2,380 (down 0.05%), XRP surging 4.92% to $2.18, and other majors like BNB at $630.15 (up 0.03%) and Solana at $145.20 (up 3.75%). This stability contrasts with the volatility we’ve seen in past cycles, hinting at underlying strength.

Experts suggest that a revival in specific metrics could propel Bitcoin past the $110,000 mark, echoing the 50% rally from April’s lows below $74,000. It’s like waiting for the perfect wave in surfing – the conditions are aligning, but we need that extra swell.

Calm Before the Breakthrough? MVRV Momentum Takes a Breather

Picture the Market Value to Realized Value (MVRV) ratio as a thermometer gauging Bitcoin’s health. Lately, it’s been cooling, with the current MVRV slope dipping to about 2.15, far from the overheated levels above 3.7 seen in past peaks. This slowdown isn’t a red flag for a downturn; rather, it might indicate we’re transitioning into the later phases of this bull cycle, where growth becomes more measured but still potent.

Analysts note that if MVRV momentum picks up again – say, through sustained holding by investors – it could reduce selling pressure dramatically. Pair this with robust inflows into Bitcoin ETFs, which have seen over $1.2 billion in net additions in the past week alone, and you’ve got a recipe for breaking through to highs like $165,000, as some forecasts predict. It’s akin to fuel being added to an engine that’s already revving; the acceleration could be swift and powerful.

Onchain Activity Dips: Bitcoin’s Transfer Volume Slides 28%

Think of onchain transfer volume as the heartbeat of Bitcoin’s network – when it’s pounding, the market is alive with activity. Recently, the seven-day moving average has fallen by around 28% to $48 billion from a high of $66 billion in late July, based on updated Glassnode metrics. Spot trading volume, meanwhile, hovers at about $7.2 billion, below the peaks of this cycle.

This cooling off differs from previous all-time high pushes, like the ones in Q2 and Q4 of 2024, where volume spikes signaled intense speculation. Without that surge accompanying the recent climb toward $111,000, it points to quieter investor engagement. However, a rebound here could mirror historical patterns, where increased volume – reflecting genuine demand – precedes major breakouts. It’s like a party that’s winding down but could erupt again with the right spark.

In the realm of cryptocurrency trading, platforms that align seamlessly with user needs can make all the difference. WEEX exchange stands out for its commitment to security, low fees, and intuitive tools that empower traders to capitalize on Bitcoin’s movements. By focusing on brand alignment with innovative features like advanced charting and fast execution, WEEX enhances credibility and helps users navigate bull trends effectively, fostering a trustworthy environment for both novices and pros.

Overcoming the $110,000 Hurdle: Bitcoin’s Path to New Heights

Bitcoin’s price has been dancing between $110,000 and $100,000, finding solid footing at the lower end. To flip the script, bulls need to conquer the resistance zone from $108,000 to $110,000, turning it into support. Updated charts show BTC needing a strong close above $109,000 on a four-hour timeframe to signal new all-time highs are imminent.

Analysts highlight that liquidity clusters up to $111,000 make this area a prime target. A pullback to $105,000-$104,000 might even build momentum, much like a slingshot gathering force. Breaking $107,500 with high volume could be the initial trigger, setting the stage for upward momentum. It’s comparable to cracking a tough safe – once open, the treasures inside flow freely.

Recent buzz on Twitter amplifies this, with discussions around Bitcoin’s resilience amid global events like de-escalating geopolitical tensions. Posts from influential accounts emphasize that spot and onchain recoveries are key, with one viral thread noting, “BTC’s bull trend intact; watch for MVRV revival to hit $165K.” On Google, top searches include “What triggers Bitcoin breakout 2025?” and “Bitcoin price prediction September 2025,” often linking to ETF inflow impacts. Latest updates, such as a September 2 announcement from major funds reporting record holdings, reinforce that profitability and activity metrics are poised for a comeback, potentially driving BTC above $112,000 soon.

This narrative underscores Bitcoin’s enduring appeal, where metrics like MVRV and volume aren’t just numbers – they’re signals of a market ready to evolve. As we watch these elements align, the potential for a breakout feels more like an inevitable chapter in Bitcoin’s ongoing story.

FAQ

What is MVRV momentum and why does it matter for Bitcoin’s price?

MVRV momentum measures the ratio of Bitcoin’s market value to its realized value, helping gauge if it’s over or undervalued. A pickup signals stronger holding and less selling, which can fuel price breakouts by building investor confidence.

How does onchain transfer volume affect BTC’s bull trend?

Onchain transfer volume reflects network activity and demand. When it rises, it often precedes price surges, indicating heightened engagement, much like increased traffic signaling a booming economy.

What resistance levels should Bitcoin overcome for a new all-time high?

Bitcoin needs to break and hold above $108,000-$110,000 to enter price discovery. Flipping this zone into support, backed by high volume, could lead to targets like $165,000, based on current analyst predictions.

-- Price

On March 16, 2026, in Dallas, Texas, USA, CanGu Company (New York Stock Exchange code: CANG, hereinafter referred to as "CanGu" or the "Company") today announced its unaudited financial performance for the fourth quarter and full year ended December 31, 2025. As a btc-42">bitcoin mining enterprise relying on a globally operated layout and dedicated to building an integrated energy and AI computing power platform, CanGu is actively advancing its business transformation and infrastructure development.

2025 Full Year and Fourth Quarter Financial and Operational Highlights

• Financial Performance:

Total revenue for the full year 2025 was $688.1 million, with $179.5 million in the fourth quarter.

Bitcoin mining business revenue for the full year was $675.5 million, with $172.4 million in the fourth quarter.

Full-year adjusted EBITDA was $24.5 million, while the fourth quarter was -$156.3 million.

• Mining Operations and Costs:

A total of 6,594.6 bitcoins were mined throughout the year, averaging 18.07 bitcoins per day; of which 1,718.3 bitcoins were mined in the fourth quarter, averaging 18.68 bitcoins per day.

The average mining cost for the full year (excluding miner depreciation) was $79,707 per bitcoin, and for the fourth quarter, it was $84,552;

The all-in sustaining costs were $97,272 and $106,251 per bitcoin, respectively.

As of the end of December 2025, the company has cumulatively produced 7,528.4 bitcoins since entering the bitcoin mining business.

• Strategic Progress:

The company has completed the termination of the American Depositary Receipt (ADR) program and transitioned to a direct listing on the NYSE to enhance information transparency and align with its strategic direction, with a long-term goal of expanding its investor base.

CEO Paul Yu stated: "2025 marked the company's first full year as a bitcoin mining enterprise, characterized by rapid execution and structural reshaping. We completed a comprehensive adjustment of our asset system and established a globally distributed mining network. Additionally, the company introduced a new management team, further strengthening our capabilities and competitive advantage in the digital asset and energy infrastructure space. The completion of the NYSE direct listing and USD pricing also signifies our transformation into a global AI infrastructure company."

"As we enter 2026, the company will continue to optimize its balance sheet structure and enhance operational efficiency and cost resilience through adjustments to the miner portfolio. At the same time, we are advancing our strategic transformation into an AI infrastructure provider. Leveraging EcoHash, we will utilize our capabilities in scalable computing power and energy networks to provide cost-effective AI inference solutions. The relevant site transformations and product development are progressing simultaneously, and the company is well-positioned to sustain its execution in the new phase."

The company's Chief Financial Officer, Michael Zhang, stated: "By 2025, the company is expected to achieve significant revenue growth through its scaled mining operations. Despite recording a net loss of $452.8 million from ongoing operations, mainly due to one-time transformation costs and market-driven fair value adjustments, the company, from a financial perspective, will reduce its leverage, optimize its Bitcoin reserve strategy and liquidity management, introduce new capital to strengthen its financial position, and seize investment opportunities in high-potential areas such as AI infrastructure while navigating market volatility."

Fourth Quarter 2025 Ongoing Operations Financial Performance

Revenue

The total revenue for the fourth quarter was $1.795 billion. Of this, the Bitcoin mining business contributed $1.724 billion in revenue, generating 1,718.3 Bitcoins during the quarter. Revenue from the international automobile trading business was $4.8 million.

Operating Costs and Expenses

The total operating costs and expenses for the fourth quarter amounted to $4.56 billion, primarily attributed to expenses related to the Bitcoin mining business, as well as impairment of mining machines and fair value losses on Bitcoin collateral receivables.

This includes:

· Cost of Revenue (excluding depreciation): $1.553 billion

· Cost of Revenue (depreciation): $38.1 million

· Operating Expenses: $9.9 million (including related-party expenses of $1.1 million)

· Mining Machine Impairment Loss: $81.4 million

· Fair Value Loss on Bitcoin Collateral Receivables: $171.4 million

Profit Situation

The operating loss for the fourth quarter was $276.6 million, a significant increase from a loss of $0.7 million in the same period of 2024, primarily due to the downward trend in Bitcoin prices.

The net loss from ongoing operations was $285 million, compared to a net profit of $2.4 million in the same period last year.

The adjusted EBITDA was -$156.3 million, compared to $2.4 million in the same period last year.

Full Year 2025 Ongoing Operations Financial Performance

Revenue

The total revenue for the full year was $6.881 billion. Of this, the revenue from the Bitcoin mining business was $6.755 billion, with a total output of 6,594.6 Bitcoins for the year. Revenue from the international automobile trading business was $9.8 million.

Operating Costs and Expenses

The total annual operating costs and expenses amount to $1.1 billion.

Specifically, they include:

· Revenue Cost (excluding depreciation): $543.3 million

· Revenue Cost (depreciation): $116.6 million

· Operating Expenses: $28.9 million (including related-party expenses of $1.1 million)

· Miner Impairment Loss: $338.3 million

· Bitcoin Collateral Receivable Fair Value Change Loss: $96.5 million

Profitability

The full-year operating loss is $437.1 million. The continuing operations net loss is $452.8 million, while in 2024, there was a net profit of $4.8 million.

The 2025 non-GAAP adjusted net profit is $24.5 million (compared to $5.7 million in 2024). This measure does not include share-based compensation expenses; refer to "Use of Non-GAAP Financial Measures" for details.

Financial Position

As of December 31, 2025, the company's key assets and liabilities are as follows:

· Cash and Cash Equivalents: $41.2 million

· Bitcoin Collateral Receivable (Non-current, related party): $663.0 million

· Miner Net Value: $248.7 million

· Long-Term Debt (related party): $557.6 million

In February 2026, the company sold 4,451 bitcoins and repaid a portion of related-party long-term debt to reduce financial leverage and optimize the asset-liability structure.

Stock Repurchase

As per the stock repurchase plan disclosed on March 13, 2025, as of December 31, 2025, the company had repurchased a total of 890,155 shares of Class A common stock for approximately $1.2 million.

The US AI Startup Is Loving China's Open Source Model

80% of US AI Startups Are Using Chinese Open Source Models

Three Weeks of the US-Iran War: Who's Making Money, Who's Paying the Bill?

Global Losing 10 Million Barrels of Oil Each Day, Russia Earns Over $800 Million in Just Over Two Weeks

Interpreting Polymarket's Major Update Last Night: Fee Expansion, Self-Regulation, and New Incentives

Although there is no information about a token airdrop, the overall community sentiment is optimistic. The real good news is to rhythmically control the positive promotion.

From Human Application to Intelligent Collaboration: How GOAT Network Builds the Next Generation Digital Economy

Embracing the Era of Super Individuals: GOAT Network launches Bitcoin-secured Layer 2 exclusive infrastructure, fully empowering AI entities to usher in a new era of fully automated digital economy.

CZ Washington Dialogue: Crypto Entrepreneurs are Accelerating Their Return to the United States

CZ connects with the DC Blockchain Summit: The prison memoir is about to be published, harshly criticizing the inaccuracies of traditional media reports, and pointing out that if the U.S. wants to become the "global crypto capital," it urgently needs to introduce more sufficient market competition t...