Analysts predict Bitcoin's Bull Run with Historic Indicators
Bitcoin's Forecast is based on three factors
- PI Cycle Top Indicator
- Moving average
- Market conditions
What does PI Cycle
Top Indicator say ?
PI Cycle Top Indicator shows two moving averages to show Bitcoin's market peaks
What do Moving Averages Explain ?
The potential bull market peak is suggested when the 111-day average rises above the 350-day moving average
Current Market Conditions
Given the current market conditions
Bitcoin's peak run is not yet close
Future Bitcoin Price Prediction
The 350-day moving average is hovering around $96,000, suggesting a substantial upward potential.