CryptoQuant analysts: Optimistically predict that Bitcoin is expected to rise to US$150,000 to US$175,000 in the next six months "
On May 1, CryptoQuant analyst Axel AdlerJr analyzed three possible trends for Bitcoin in the next six months. At present, the momentum in the Bitcoin chain shows signs of "starting." In an optimistic scenario, if the relevant indicator breaks through 1.0 and remains, the price of Bitcoin may rise to US$150,000 to US$175,000. In the basic scenario, the indicator fluctuates between 0.8 and 1.0, and the price will hover between $90,000 and $110,000. Under a pessimistic scenario, if the indicator drops above 0.75, short-term holders may sell and the Bitcoin price may fall back to US$70,000 to US$85,000. It said that considering previous adjustments, the first two scenarios are more likely to be achieved.
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