🚀 #Bitcoin Hits $101K—Room for More Growth?


$BTC has surged past $100,000, reaching an all-time high of $101,449, with key metrics suggesting the rally isn’t over yet.


🔹 Bullish Indicators:

*/ MVRV (27.25%) shows long-term holders’ unrealized profits still below cycle peaks, signaling room for growth.

*/ RHODL Ratio is outside the danger zone, indicating BTC is undervalued relative to its potential top.


📈 Price Prediction: A breakout from a bull flag pattern suggests a target of $112,500. If support fails, BTC may retest $89,867.


Is Bitcoin set to break even higher?


#BTC Price Analysis# #Macro Insights#


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December 15, 2024 at 5:15 AM
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