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CryptoQuant predicts three scenarios for the future of Bitcoin: in an optimistic case, it will rise to $150,000 to $175,000.
PANews May 1 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 relevant indicators break through 1.0 and hold, the price of Bitcoin could rise to between $150,000 and $175,000. In the basic scenario, the indicators fluctuate between 0.8 and 1.0, with prices hovering between $90,000 and $110,000. In a pessimistic scenario, if the indicators drop to above 0.75, short-term holders may sell, and the price of Bitcoin could fall to between $70,000 and $85,000. It indicates that considering the previous adjustments, the first two scenarios are more likely to be realized.