CryptoQuant: Based on Bitcoin’s realized price valuation, its highest price target is $146,000
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Odaily Planet Daily reported that CryptoQuant stated on that according to the Bitcoin Realized Price Valuation, its highest price target is $146,000. This price range has historically marked the cycle top, such as from April to May 2021. Note: Realized Price Valuation is an important metric used to evaluate the value of cryptocurrencies, especially Bitcoin. It reflects the "actual cost" of all Bitcoins in the market by calculating the price of the last transaction for each Bitcoin.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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