In fact, I have been using two sets of forecasting strategies:

One is traditional indicators, and the other is on-chain data.

From the perspective of traditional indicators, most predict that BTC will peak between 110k-150k.

On-chain data is more optimistic, with the minimum supporting over 170k, and even as high as 250k is possible.

For instance, the top escape in April this year and the bottom buying in August were based on traditional indicators, so I will continue to use this method for now.

The key point is to observe the position of the first pullback. If the first 20% pullback occurs above 130k, then we need to start considering using on-chain indicators to readjust the peak expectation.

At that time, the target will be directly raised to at least 150k, or even above 170k.