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

Por ZyCrypto - 2 anos atrás - Tempo de leitura: 2 minutos

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

Se você pensou 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 flertando com o limite de $ 69,000 na semana passada, uma vez que beneficia de numerosos ventos favoráveis. Ainda assim, os analistas esperam que a criptomoeda suba ainda mais no futuro próximo.

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.

O indicador Top Price Model de Woo está longe de ser o único indicador que prevê uma corrida em direção a novos máximos históricos. O criador do modelo Stock-to-Flow PlanB foresees bitcoin at $98K by the end of this month e US$ 135 mil em dezembro. Notavelmente, a iteração do modelo, o Stock-to-Flow Cross Asset (S2FX), exige um preço médio de US$ 288,000 neste ciclo.

Outro analista de criptografia, TechDev, descrito anteriormente um ciclo entre US$ 200,000 e US$ 300,000 como “quase programado demais”.

Fonte original: ZyCrypto