Well-known analyst CryptoChan: Bitcoin five-line chart upgraded again, top forecast impact 140,000 dollars

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CryptoChan2024/09/25 06:44

By:CryptoChan

Famous crypto analyst CryptoChan recently released the latest five-line chart of Bitcoin, pointing out that the model indicates that the peak of the bull market may approach $140,000. According to him, the construction of the five-line chart is based on a series of on-chain data such as Coin Days Destroyed, Liquid Supply, and Realized Price. The current five key lines show:

Line 5: $139,735

Line 4: $88,934

Line 3: $57,184

Line 2: $38,133

Line 1: $25,433

CryptoChan believes that using these historical price clues can help investors evaluate long-term trends in the Bitcoin market, providing strategic guidance for future bull markets. He suggests that investors closely monitor these data to seize upcoming market opportunities.

Well-known analyst CryptoChan: Bitcoin five-line chart upgraded again, top forecast impact 140,000 dollars image 0

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