📊 BTC To $200,000?
The Terminal Price (red curve) is an on-chain indicator that is calculated using several metrics:
👉The Coin Days Destroyed (CDD) which measures the economic activity of BITCOIN.
👉 The current supply in BTC and the circulation time of these BTC
👉 The maximum supply of BTC is only 21 million.
🔍 What particularly interesting is that Bitcoin has historically recorded market tops when it hit the Terminal Price. This is what we have noticed since 2012.
And right now, the Terminal Price is at $200,000!
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