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.
Larry Fink, CEO of BlackRock, recently speculated that Bitcoin could potentially reach valuations as high as $700,000 per BTC. This projection arises against the...