Типы информации: Консультации (1), Интервью, мнения (1)
Регионы мира: Индия (1), Индия - Нью-Дели (1)
30.11.2021 16:20 Интервью, мнения
Here’s Why Bitcoin Still Has More Room To Growth
Bitcoin’s run to the most recent ATH of $69,000 would’ve sounded unreal only a few years ago back when Bitcoin traded around $3000 and the same goes now if we tell you that Bitcoin might cost up to $200,000 only in a few months according to numerous market cycle indicators. Willy Woo’s Top Indicator. Famous on-chain analyst Will Woo has previously developed an indicator that shows traders the current cycle’s top and the bottom. The indicator is a calculation based on the average market capitalization and days of market existence. According to data provided by indicators today, Bitcoin is moving only in the middle of the current cycle and still has some room to grow. The current cycle top stays around $200,000 which is more than 100% away from today’s market price. Previously, the indicator showed more than 3 successful tests and caught the exact top each time: back in 2011, 2013, and 2017. The same rule also applies...