💥💥According to Data That Accurately Identifies Bitcoin's Peak, This Will Be the Top of the Bull! 💥💥
A critical piece of data has revealed the potential peak level that Bitcoin could reach in this bull market.
According to data provided by CryptoQuant, Bitcoin's "realized price" valuation metric indicates that the upper price band could rise to $146,000. This price band reflects the levels at the beginning of the cycles when Bitcoin historically reached its peak. The peak in April-May 2021 also pointed to a similar upper band level. As can be clearly seen in the visual, the realized price bands progress in line with Bitcoin's price cycles.
In particular, the realized price level indicated by the blue line clearly reveals the impact of the upper band on the Bitcoin price.
Current market movements indicate that historical cycles may reoccur and Bitcoin may experience a rise towards the upper band level. This data provided by CryptoQuant continues to be an important reference point for investors.
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