According to a data model by Cryptoquant "Price Prediction Based on Realized Cap" Bitcoin can hit $112k Before 2025. The prediction was back in February 2024 and it set the number than which was preety much boasting. But now it hold a possible chance of being true.
What is Realized Cap
The realized capitalization (realized cap) of Bitcoin values the asset differently from market cap. Instead of multiplying the total supply by the current price, it calculates the value based on the last time each Bitcoin was moved:
> Each coin's value is set to the price it last transacted.
> This method reduces the impact of inactive or long-term held coins on valuation.
🔺 How Predictions Are Made:
1. Ceiling Price:
> Derived using statistical or historical patterns in realized cap trends.
> Represents an overvaluation zone based on historical peaks.
2. Floor Price:
> Reflects historical undervaluation zones relative to the realized cap.
> Indicates strong buying interest or accumulation levels.
3. Model Projection:
The realized cap is combined with historical Bitcoin price movements, halvings, and market cycles to project price ranges.
▶️ Data Credit - Cryptoquant
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