Bitcoin Probability Insight Will it hit a "ALL-TIME LOW RETURN?
Bitcoin Probability Insight Will it hit
"ALL-TIME LOW return"?? 43K TO
39K?
After carefully observing the market from chain analysis, both technical and fundamental, I also considered the "sentiment" of KOL and other Investors' perspectives!
The Conclusion:
BITCOIN - demands rising due to its ETF entry, that enables large institutional accounts, whales, and other seasonal investors, that bring the market price to reach its all-time high for 2024 Q1 and Q2. The Q3 started with consecutive selling pressure as the supply was to liquidate not by market sentiment but rather by speculated market purpose.
However, US economic policy has also inflicted the crypto as a Presidential candidate moving plus economic inflations that push through digitalizing more business and use cypto as a mode of payment method.
On the other hand, On-chain analytics shows Bitcoin was becoming more "Decentralized" over time, which means Holders counting from 1000 units to 5,0000 units are becoming less and less and it shows that "Whales and Humpback" are becoming significant with the ETF responses and preparing rally bull run point.
Now here's the catch - if Large Institutional is holding Bitcoin representing as the Whale who knows exactly how to drive up the market what will be the next target probability of this.
5 out of 10 large investors I encountered continuously BUYING Bitcoin regardless of the price continuously falling, one thing is clearly concluded here, to liquidate and dump the value this Year to create FOMO for users and holders of the asset.
The Target rally pivot point of Bitcoin is to hit $100,000 per unit and this is feasible based on the FDV remaining supply of Bitcoin
The main question is when it will happen? "Chart analysis"
"ALL-TIME LOW return"?? 43K TO
39K?After carefully observing the market from chain analysis, both technical and fundamental, I also considered the "sentiment" of KOL and other Investors' perspectives!
The Conclusion:
BITCOIN - demands rising due to its ETF entry, that enables large institutional accounts, whales, and other seasonal investors, that bring the market price to reach its all-time high for 2024 Q1 and Q2. The Q3 started with consecutive selling pressure as the supply was to liquidate not by market sentiment but rather by speculated market purpose.
However, US economic policy has also inflicted the crypto as a Presidential candidate moving plus economic inflations that push through digitalizing more business and use cypto as a mode of payment method.
On the other hand, On-chain analytics shows Bitcoin was becoming more "Decentralized" over time, which means Holders counting from 1000 units to 5,0000 units are becoming less and less and it shows that "Whales and Humpback" are becoming significant with the ETF responses and preparing rally bull run point.
Now here's the catch - if Large Institutional is holding Bitcoin representing as the Whale who knows exactly how to drive up the market what will be the next target probability of this.
5 out of 10 large investors I encountered continuously BUYING Bitcoin regardless of the price continuously falling, one thing is clearly concluded here, to liquidate and dump the value this Year to create FOMO for users and holders of the asset.
The Target rally pivot point of Bitcoin is to hit $100,000 per unit and this is feasible based on the FDV remaining supply of Bitcoin
The main question is when it will happen? "Chart analysis"
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