Bitget App
Trade smarter
Well-known analyst CryptoChan: Bitcoin five-line chart upgraded again, top forecast impact 140,000 dollars
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.
0
1
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Once embroiled in a market manipulation scandal, can Meteora achieve a revival with the help of TGE?
Closely connected with Jupiter, allegedly involved in market manipulation, and with its token "delayed" for two years, the most controversial DEX on Solana is finally about to have its TGE.
BlockBeats•2025/10/10 06:53
What major projects are scheduled to launch their tokens later this year?
Which upcoming token launch projects are worth looking forward to?
BlockBeats•2025/10/10 06:53
