#BinanceAlphaAlert #BTC突破7万大关 BTC Price Prediction
$BTC Predicting Bitcoin's price using fundamental analysis involves evaluating factors that influence its intrinsic value, such as adoption, macroeconomic trends, regulatory developments, and technological advancements. Here’s a structured approach to BTC price prediction using fundamental analysis:
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### **1. Adoption & Network Growth**
- **Active Addresses & Transactions**: Increasing usage signals demand. Check metrics like daily active addresses (Glassnode, CoinMetrics).
- **Hash Rate & Miner Activity**: A rising hash rate indicates network security and miner confidence (even post-halving).
- **Institutional Adoption**: ETF inflows (e.g., spot Bitcoin ETFs), corporate treasury holdings (e.g., MicroStrategy), and CME Bitcoin futures open interest.
- **Wallet Growth**: Rising non-zero addresses suggest long-term holding (HODLing)
### **2. Macroeconomic Factors**
- **Inflation & Monetary Policy**: Bitcoin is often seen as "digital gold." Tighter monetary policy (high interest rates) may reduce risk appetite, while loose policy (rate cuts, QE) could boost BTC.
- **Dollar Strength (DXY)**: A weaker USD often correlates with stronger BTC.
- **Geopolitical Risks**: BTC may benefit as a hedge during crises (e.g., war, banking collapses).
### **3. Supply Dynamics**
- **Stock-to-Flow (S2F) Model**: Predicts scarcity based on halving cycles (next halving: April 2024). Post-halving, reduced supply growth historically led to bull runs (12–18 months later).
- **Circulating Supply**: ~93% of BTC is already mined; diminishing new supply increases scarcity.
- **Lost Coins**: Estimates suggest ~20% of BTC is permanently lost, reducing effective supply.
### **4. Regulatory Environment**
- **Positive Developments**: Clear regulations (e.g., MiCA in the EU), Bitcoin ETF approvals, or institutional custody solutions (e.g., BlackCoinbase).
- **Negative Risks**: Bans (e.g., China 2021), stringent KYC/AML laws, or punitive taxation.
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