Bitcoin heating up, frenzy not yet arrived? Market expectation is $120,000 to $175,000!!!
Bitcoin speculation indicators are warming up: the current speculation multiplier is 2.1, which is 31% higher than the three-year average, but there is still significant space before reaching the historical cycle peak. The three-year compound annual growth rate (CAGR) is about +30%, far lower than the +120% during the 2022 bubble period, indicating that the market has not yet fallen into a frenzy.
Model projections show:
If the MC/RC ratio rises to 2.7, the potential target for BTC is about $120,000;
If it spikes to 3.9, it could reach $175,000, which still has an 86% upside potential from the current price.
However, be cautious, if liquidity surges (like Brazil's further monetary easing), Bitcoin prices may not follow conventional patterns and could directly break through moderate ranges.
Current data points to a key fact: the Bitcoin bull market may just be warming up, but before it truly peaks, dramatic volatility could occur at any time.
The question arises—are you daring to go long to the sky, or are you leaving early before the prosperity?
