Odaily News According to Lookonchain analysis, four major technical indicators show that BTC has not yet reached the peak of this bull run. The rainbow chart predicts that Bitcoin's price is expected to break through $200,000 in this cycle; the RSI index is at 71.35, indicating there is still room for rise compared to historical peaks; the 200-week MA heatmap is in the blue zone, indicating that the price has not yet topped; the 2-year moving average multiplier shows that the current price is between the red and green lines, not reaching the top signal.
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Analysis: Four key indicators show that Bitcoin has not yet reached its peak, and the price in this cycle may break through $200,000.
Odaily News According to Lookonchain analysis, four major technical indicators show that BTC has not yet reached the peak of this bull run. The rainbow chart predicts that Bitcoin's price is expected to break through $200,000 in this cycle; the RSI index is at 71.35, indicating there is still room for rise compared to historical peaks; the 200-week MA heatmap is in the blue zone, indicating that the price has not yet topped; the 2-year moving average multiplier shows that the current price is between the red and green lines, not reaching the top signal.