Gain deeper insights into market cycles by mastering Bitcoin on-chain data, which illuminates the intricate patterns behind investor behavior and price movements.
Bitcoin has recently faced a 10% retracement, leading to concerns about whether the bull market is over. This article explores on-chain metrics, institutional confidence, and macroeconomic factors to determine whether Bitcoin still has room for growth or if a cycle peak has been reached.
Explore the potential for the Bitcoin price to reach $200,000 this cycle. We analyze market dynamics, supply and demand, and the money multiplier effect to assess the feasibility.