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

Kirjoittaja ZyCrypto - 2 vuotta sitten - Lukuaika: 2 minuuttia

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

Jos luulit 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 flirttailemassa 69,000 XNUMX dollarin kynnyksen kanssa viime viikolla, koska se hyötyy lukuisista myötätuulista. Silti analyytikot odottavat kryptovaluutan nousevan vieläkin korkeammalle lähitulevaisuudessa.

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.

Woon Top Price Model -indikaattori ei ole suinkaan ainoa indikaattori, joka ennustaa kilpailua kohti uusia kaikkien aikojen huippuja. Stock-to-Flow -mallin luoja PlanB foresees bitcoin at $98K by the end of this month ja 135 2 dollaria joulukuussa. Erityisesti mallin iteraatio, Stock-to-Flow Cross Asset (S288,000FX), vaatii tämän syklin keskihintaa XNUMX XNUMX dollaria.

Toinen kryptoanalyytikko, TechDev, aiemmin kuvattu 200,000 300,000 - XNUMX XNUMX dollarin syklin huippu "melkein liian ohjelmoituna".

Alkuperäinen lähde: ZyCrypto