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
Ethereum Outshines Rival Amidst Remarkable Price Surge
Coinlive•2025/07/27 04:05
Joseph Chalom Joins SharpLink as Co-CEO Amid Ethereum Focus
Coinlineup•2025/07/27 04:00
Fed’s Key Decisions Awaited Amid Macro Super Week
Coinlineup•2025/07/27 04:00
Ethereum Sets Target at $4,800 After Holding $3,447 and $3,194 Zones
Cryptonewsland•2025/07/27 02:05
