Latest Update
2024-12-14 11:21 UTC

Bitcoin's Potential to Reach $500K in Current Cycle

Bitcoin's Potential to Reach $500K in Current Cycle

According to CryptoMichNL, the Bitcoin rainbow chart suggests that the previous cycle did not reach its expected extreme phase. If the current cycle extends over a longer period, Bitcoin's price is anticipated to increase automatically, potentially reaching $500,000.

Source

Analysis

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast