{
Rafael Schultze-kraft

People

}
bitcoin shows potential for further growth according to market metrics
Bitcoin (BTC) is currently valued at around $94,000, with analysts suggesting it still has potential for growth. Key metrics, including the Market Value to Realized Value (MVRV) and long-term holder profitability indicators, indicate that BTC has not yet reached its peak for this cycle, with projections suggesting a possible top between $151,000 and $230,000. Various other indicators also support the notion that the cryptocurrency is only halfway through its current bull run.
CryptoPotato
Rafael Schultze-kraft
Finance & Economy, Market Report
18:44 20.12.2024
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