¿Por qué Bitcoin Is Nowhere Near The Top This Cycle, But Still Likely To Roar Past $200,000

Por ZyCrypto - Hace 2 años - Tiempo de lectura: 2 minutos

¿Por qué Bitcoin Is Nowhere Near The Top This Cycle, But Still Likely To Roar Past $200,000

Si pensabas 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 coqueteando con el umbral de $ 69,000 la semana pasada, ya que se beneficia de numerosos vientos de cola. Aún así, los analistas esperan que la criptomoneda aumente aún más en el futuro cercano.

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.

El indicador del modelo de precio máximo de Woo está lejos de ser el único indicador que predice una carrera hacia nuevos máximos históricos. El creador del modelo Stock-to-Flow PlanB foresees bitcoin at $98K by the end of this month y $ 135 mil en diciembre. En particular, la iteración del modelo, el activo cruzado Stock-to-Flow (S2FX), exige un precio promedio de $ 288,000 en este ciclo.

Otro analista de cifrado, TechDev, descrito previamente un ciclo máximo de entre $ 200,000 300,000 y $ XNUMX XNUMX como "casi demasiado programado".

Fuente original: ZyCrypto