Is the Bitcoin frenzy far from over? Is the endpoint 120,000? 175,000? Are you in or out?

Bitcoin speculation indicators are heating up —

The current multiplier is 2.1, which is 31% higher than the three-year average, but there is still significant room before reaching historical peaks.

The three-year compound annual growth rate (CAGR) is only +30%, far below the +120% during the 2022 bubble,

indicating that market enthusiasm is far from out of control; the Bitcoin bull market may have just begun!

Model projections show:

The MC/RC ratio has risen to 2.7, with a Bitcoin target of about $120,000;

If it further peaks at 3.9? The potential high could reach $175,000, with approximately 86% upside remaining from the current price.

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