The Eve of Bitcoin's Explosion? Top Analyst Shouts: The Next Target Aiming for $175,000!
Famous analyst Adler pointed out that Bitcoin's speculative multiplier has risen to 2.1, which is 31% higher than the three-year average, but still far from the euphoric zone of historical cycle peaks. Meanwhile, Bitcoin's three-year compound annual growth rate (CAGR) is about +30%, which seems moderate compared to the +120% peak period in 2022, indicating that the market is in a healthy expansion phase and not overheated.
Adler further predicts that if the market capitalization to real capitalization ratio (MC/RC) rises to 2.7, Bitcoin is expected to hit $120,000; if it crazily surges to 3.9, it could soar to an astonishing $175,000! Of course, once macro liquidity surges, such as the Fed restarting its easing policy, BTC prices may accelerate upward.
Overall, current data shows that Bitcoin has huge upward potential, and the real major rally may have just begun, with the bull market engine already roaring into action!