Is Bitcoin Aiming for $160,000? The Golden Ratio Multiplier Model Sends Signals, Multiple Indicators Resonating in Harmony!
Bitcoin is heating up again, and this time the key driver of sentiment is not hot news, but a classic on-chain model: the Golden Ratio Multiplier.
This model's target is directly aimed at — $160,000. Although this number seems bold, it highly coincides with multiple historical cycle models like the Pi Cycle, MVRV-Z, and NUPL.
The Golden Ratio Multiplier captures top and bottom cycles by calculating the multiplicative relationship between Bitcoin's long-term moving averages (such as 128 days, 144 days) and the golden ratio (1.6/2.3, etc.).
Currently, BTC is trying to stabilize above the critical channel of 144MA×1.6, and once a breakout is confirmed, it will open up the imagination space for a medium-term upward trend.
This is not only a consensus of the model but also a reaction to the continuation of cycles.
Are you still watching from the sidelines, or are you ready to embrace the challenge of new highs?
