๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐๐๐น๐น ๐ฆ๐ถ๐ด๐ป๐ฎ๐น? ๐๐ป๐ฎ๐น๐๐๐ ๐๐๐ฒ๐ $๐ญ๐ฑ๐ฌ๐-$๐ญ๐ณ๐ฑ๐ ๐ง๐ฎ๐ฟ๐ด๐ฒ๐๐
โ Crypto analyst Constantin Kogan says Bitcoin may have entered the early stages of a new bull run.
โก๏ธ His prediction is based on a key metric: the Bitcoin Composite Index, which now sits at 0.8.
What is the Composite Index?
Itโs a technical indicator that combines momentum and trend strengthโsimilar to the RSI (Relative Strength Index)โto help identify potential market reversals or breakout phases.
Koganโs analysis shows that when this index hits similar levels in the past, Bitcoinโs price has historically surged afterward.
Possible Price Targets:
If momentum continues, Kogan projects that Bitcoin could reach between $150,000 and $175,000 in the current cycle.
Key Takeaway:
While this forecast is bullish, always remember:
The Composite Index is a tool, not a guarantee
Market conditions, macro events, and investor sentiment all play a role
Stay informed and manage risk!