$BTC

💰 Bitcoin Terminal Price Analysis

Bitcoin consistently hits its Terminal Price for the Cycle Top, and the current Terminal Price is calculated at $118,051 🧐.

Understanding Terminal Price:

The Terminal Price is derived by dividing the sum of Coin Days Destroyed (Bitcoins in TX multiplied by the number of days since coins were last spent) by the existing supply of Bitcoin and the time it has been in circulation. This Transferred Price is then multiplied by 21 to obtain the Terminal Price.

❗️ Importantly, Terminal Price is utilized to normalize historical behavior to the present, providing a more balanced view of Bitcoin's performance over time rather than heavily weighting recent behavior.

Historically, the Terminal Price has proven to be a significant indicator for predicting the Cycle Top, contributing valuable insights to the analysis of Bitcoin's market cycles. 😳📊

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