Af ZyCrypto - 2 år siden - Læsetid: 2 minutter
Hvorfor Bitcoin Is Nowhere Near The Top This Cycle, But Still Likely To Roar Past $200,000
Hvis du troede bitcoin’s parabolic rally was over, think again. A price indicator developed by one of the industry’s best-known analysts is betting on the world’s largest cryptocurrency to more than triple in value during this cycle.
Bitcoin Could Soon Clinch $200K
Bitcoin has had a blockbuster year so far, with the pioneer crypto breaking multiple record levels and flirte med tærsklen på $69,000 sidste uge, da den nyder godt af talrige medvind. Alligevel forventer analytikere, at kryptovalutaen vil stige endnu højere i den nærmeste fremtid.
Bitcoin could skyrocket to as high as $200,000 in the current bull market based on the Top Price Model indicator. This indicator was created by on-chain strategist-cum-crypto investor Willy Woo and is used to identify cycle tops in the market.
On-chain analytics provider Glassnode pointed out that the Bitcoin Top Cap is calculated by multiplying the Average Cap by a factor of 35. The Average Cap is derived from the total daily market capitalization, divided by the number of days that the market lives.
Top Cap estimates bitcoin at an eye-watering valuation of $4 trillion while the Top Price stands at roughly $214,000. If this analysis holds true, then we’re still in the early innings of the crypto bull market.
Woo's Top Price Model-indikator er langt fra den eneste indikator, der forudsiger et kapløb mod nye rekorder. Skaberen af Stock-to-Flow-modellen PlanB foresees bitcoin at $98K by the end of this month og $135K i december. Især kræver modellens iteration, Stock-to-Flow Cross Asset (S2FX), en gennemsnitspris på $288,000 i denne cyklus.
En anden kryptoanalytiker, TechDev, tidligere beskrevet en cyklustop på mellem $200,000 og $300,000 som "næsten for programmeret."
Oprindelig kilde: ZyCrypto