Can Bitcoin hit $100K? Key on-chain trends reveal insights

Visit this link to make money with cryptos with our Expert trading team and get a chance to win Free bitcoin and other cryptocurrencies - https://telegram.me/btctradingclub

CryptoQuant’s P&L and Bull-Bear Market Indicator show BTC is still below overvalued territory; hence, the cryptocurrency has more room for growth.

Bitcoin (BTC) is still far from the overvalued levels that indicate the end of a bull cycle despite having rallied above $99,000 last week.

According to on-chain data analyzed by CryptoQuant, the cryptocurrency can still surge past $100,000 to $146,000, the top target from a realized price valuation perspective. This perspective indicated the top price for BTC in previous cycles, including the rally witnessed in April-May 2021.

No Signs of a Bitcoin Market Top Yet

So many great words from our Premium Members

We don't charge any commissions or any tips - We simply believe in providing the highest quality signals for the trading community.

Trading on #Binance Futures is very profitable and traders from across tQQhe globe knows it.

Be amongst the TOP Binance Futures Trading Group like other huge number of traders.

Come and join our Binance Futures Group and make profit with Binance Futures BOT.

Comments

Popular posts from this blog

Bitcoin Surges 17 Percent to $68K What Fueled the Rise

BTC Hits $72K in South Korea Amid 'Kimchi Premium'

Ethereum Price Will React to ETF Inflows in Coming Days