🚀 Bitcoin enthusiasts, get ready for a thrilling ride! BTC is currently valued at $94,000, after peaking above $108,000 earlier this week. Despite profit-taking by traders, analysts are optimistic about BTC's potential for further growth. 📈
Rafael Schultze-Kraft from Glassnode highlights over 20 charts indicating BTC hasn't reached its cycle top yet. Key metrics like MVRV and LTH profitability suggest there's still room to grow. Historical patterns show BTC could rally significantly from current levels. 📊
With indicators like the Investor Tool and Market Cap to Thermocap Ratio showing potential tops at $230K and $151K, BTC's journey is far from over. Buckle up, Bitcoiners! 🌟