The high point of this round of BTC bull market will not exceed 100,000
The reasons are as follows
1. The high point of the previous bull market was 19,000, and the high point of the previous bull market was 69,000, with an increase of about 3.6 times
It is expected that this round will increase by 1-2 times
2. From the analysis of the market value of the currency circle, the last bull market reached its highest point in November 21, 2.8 trillion US dollars
The base of the currency circle is already very large, and the estimated high point is about 4-5 trillion US dollars
3. From the fundamental analysis, the big bull market in 20 years and 21 years, during the special period of yq, the Federal Reserve’s zero interest rate and the stimulus of 4 trillion US dollars in water release, the global financial market is basically in a big bull market
And the current fundamentals do not support
Therefore, it is expected that the high point of BTC in this bull market will be 8-10w