MARKET TOPS - reveal themselves in the data:
-->🟥 Most indicators turn RED
-->🎯BTC price > top price predictions
-->🪙Cycle Valuation % is > 100%
How the last cycle peak looked: 2/5
MARKET BOTTOMS - reveal themselves in the data:
-->🟩 Most indicators turn GREEN
-->🎯BTC price < price floor predictions
-->🪙Cycle Valuation % is < 30%
How the last cycle bottom looked: 3/5
MID CYCLES - also reveal themselves in the data:
-->🟨 Most indicators turn YELLOW
-->🎯BTC price between peak & floor predictions
-->🪙Cycle Valuation % is between 30-90%
How a mid cycle run looks: 4/5
Onchain data and analytics is the one edge we have over traditional market analysis.
🪙Let's use it to our advantage and fix the world in the process. Buy Bitcoin.
🙏Please Retweet so others don't get REKT. 5/5
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10 #Bitcoin Cycle Top Price Prediction Models
📈(in ascending order of hopium)
🔬Let's review 10 popular price models for $BTC to see where we could potentially peak.
☝️ BONUS - These targets will INCREASE with time as uptrend will push model prices upward🚀
🧵A Thread [0/11]
$BTC Mayer Multiple - by @tracemayer is a price projection calculated as a 2.4 multiple of the #bitcoinprice 200DMA.
🦥Looking at the chart we can see $122,034 is our most conservative price estimate.
💥Bitcoin has overshot this multiple in EVERY cycle peak.
👉 next up
1/11
BTC Power Law Corridor by @hcburger1 takes linear regression bands of the historical #bitcoin price to derive a corridor to represent the correlation between bitcoin’s price and time.
🎯$130,622 target
🟢 price is in middle of corridor uptrend