PANews May 1st news, CryptoQuant analyst Axel Adler Jr. analyzed three possible trends for Bitcoin in the next six months. Currently, Bitcoin's on-chain momentum shows signs of "starting."
- In an optimistic scenario, if the relevant indicators break through 1.0 and hold, Bitcoin's price could rise to $150,000 to $175,000.
- In a base scenario, with indicators fluctuating between 0.8-1.0, the price will hover between $90,000 to $110,000.
- In a pessimistic scenario, if indicators fall to above 0.75, short-term holders might sell, and Bitcoin's price could fall back to $70,000 to $85,000.
He stated that considering previous adjustments, the first two scenarios are more likely to be realized.
