CryptoQuant: Bitcoin's highest price target is $146,000 based on its realised price valuation

Bitget2024/11/29 21:55

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CryptoQuant said on the X platform that it has a maximum price target of $146,000 based on Bitcoin's Realised Price Valuation (RPV). This price range has historically marked cycle tops, such as April-May 2021, for example. Note: Realised Price Valuation is an important metric used to assess the value of cryptocurrencies, particularly Bitcoin. It reflects the ‘real cost’ of all bitcoins in the market by calculating the price of each bitcoin at the time of its last trade.

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