Where Will the New Peak in Bitcoin Occur? Analysts Examine Price Models
The cryptocurrency market has once again become the focus of investor interest, especially after the recent rises in Bitcoin. This revival in the market has brought analysts' predictions about where the next peak price may occur back to the agenda. However, due to its volatile nature, it is still quite difficult to determine a definitive peak level for Bitcoin. Therefore, data-driven, flexible, and cautious approaches are prioritized.
Peak Predictions: What Do the Models Say?
Predictions regarding Bitcoin's potential peak levels are based on both on-chain data and mathematical modeling. Platforms like Bitcoin Magazine Pro frequently present various price prediction models in these analyses.
The LAST Cap model attempts to predict the peak by multiplying the historical price average by 35. However, the accuracy of this model fluctuates at times.
The Terminal Price and Delta SON models, which offer more consistent results, are noteworthy.
The Terminal Price has successfully predicted cycle peaks based on on-chain data and currently forecasts a peak price around $221,000.
The more cautious Delta SON indicates the range of $80,000 - $100,000 as a possible target.
MVRV Ratio: Where Are the Psychological Boundaries?
The MVRV ratio, one of the most important indicators used to analyze investor behaviors, is currently at a level of 2.34. Historically, when this ratio reaches the range of 3.5 - 4, it coincides with periods of strong profit-taking in the market. This also indicates that upward movement may still continue. However, the possibility of seeing peaks at lower levels compared to past cycles is not overlooked.
Timing and Scenario Analysis
The question of when Bitcoin will reach its peak is also a matter of curiosity for investors. In past cycles, the process from trough to peak took an average of 1,060 days, while this process has now exceeded 930 days. This leads many analysts to believe that a new peak price may be encountered within the next four months.
Among the highlighted scenarios, the range of $150,000 - $200,000 is seen as a strong possibility.
More optimistic models suggest a possibility of a ceiling price reaching up to $273,000.
Strategic Notes for Investors
While it is quite challenging to make a precise price prediction, on-chain data and historical analyses can help investors prepare for more probable scenarios. At this point, the main advice is to follow multiple data sources without sticking to a single model and to act flexibly according to market conditions.
"No model is perfect. However, when read correctly, these tools can help investors make healthier decisions."
In this context, especially Terminal Price, Delta SON, and MVRV ratio continue to provide valuable reference points for investors looking to monitor potential reversal points in the market.
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