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

Par ZyCrypto - il y a 2 ans - Temps de lecture : 2 minutes

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

Si tu pensais 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 flirter avec le seuil des 69,000 XNUMX$ la semaine dernière car il bénéficie de nombreux vents favorables. Néanmoins, les analystes s’attendent à ce que la crypto-monnaie augmente encore plus dans un avenir proche.

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.

L’indicateur Top Price Model de Woo est loin d’être le seul indicateur prédisant une course vers de nouveaux sommets historiques. Le créateur du modèle Stock-to-Flow PlanB foresees bitcoin at $98K by the end of this month et 135 2 $ en décembre. Notamment, l’itération du modèle, le Stock-to-Flow Cross Asset (S288,000FX), prévoit un prix moyen de XNUMX XNUMX $ pour ce cycle.

Un autre analyste crypto, TechDev, décrit précédemment un cycle haut compris entre 200,000 300,000 $ et XNUMX XNUMX $ comme « presque trop programmé ».

Source primaire: ZyCrypto