HomeUncategorizedBitcoin ‘Terminal Price’ hints next BTC all-time high is at least $110K By Cointelegraph

Bitcoin ‘Terminal Price’ hints next BTC all-time high is at least $110K By Cointelegraph

November 11, 2023

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© Reuters

(BTC) may next be a “sell” at at least $110,000 as its new bull cycle plays out, a classic on-chain indicator suggests.

Data from on-chain analytics platform Look Into Bitcoin shows Bitcoin’s “Terminal Price” hinting at a possible six-figure top.

Bitcoin Terminal Price and Balanced Price chart. Source: Look Into Bitcoin
Bitcoin Pi Cycle Top annotated chart. Source: Philip Swift/X