📈 VanEck: Bitcoin price target firmly set at $180,000! 🚀
Asset management giant VanEck's latest report shows that this round of Bitcoin's bull market rebound has just begun, with a price target aimed at $180,000!🔝 According to analysis, key indicators suggest that the market will continue to strengthen, and may even welcome a higher rebound!
Three key indicators explained:
1️⃣ Perpetual futures funding rate: Since November 12, the funding rate has remained above 10%, indicating a strong bullish sentiment in the market and an increase in capital inflow!📊
2️⃣ Unrealized profits (RUP): The current 30-day RUP level is about 0.54, which usually indicates that Bitcoin's upward cycle may still be far from over, and the market will have a longer period of upside potential!⏳
3️⃣ Retail interest: Although search interest has only reached 34% of the peak in May 2021, this is a signal that speculative fervor has yet to spread. Once retail investors re-engage on a large scale, there is even greater upside potential for prices!📈
My view:
The upside potential for Bitcoin remains huge!🔮 As retail enthusiasm gradually warms up, the market will welcome a new wave of upward momentum. The current capital flow and market sentiment suggest that the next few months may be a golden period for a strong rebound!🚀💰
Therefore, whether you are a bullish investor or someone still skeptical about the market, seizing the opportunity at this stage is very important, especially when the market has not fully erupted yet!🔥
🎯 Summary: The next wave of Bitcoin's increase may bring unprecedented profits. With the continuous inflow of capital and the warming of market sentiment, $180,000 is just the starting point!📈
Are you ready?💪
