The first cryptocurrency “warms up” and is already on the threshold of the “rally zone”. This opinion was expressed by the author of Cryptoquant Axel Adler – the youngest.
Bitcoin is Warming Up: Three Scenarios that Could Shape The Next Rally
“AS of Today, the On-Chain Momentum in the ‘Start’ Rally Zone (Ratio ≈ 0.8 / 80%). Let’s Examine Three Scenarios for the Next Six Months
1. Optimistic (Bull)
If the raatio breaks Through 1.0 and Holds … pic.twitter.com/slwx2ugg27– Cryptoquant.com (@cryptoquant_com) May 1, 2025
Given the dynamics and current value of the Bitcoin Composite Index 2.0 (≈0.8) metrics, the specialist outlined three possible scenarios for the Bitcoin price movement. The optimistic (bull) scenario involves breaking through the level of 1.0 indicator and fixing over it.
Basic scenario (consolidation)-if the metric values remain in the range of 0.8-1. Digital gold will be traded in a wide corridor-$ 90,000-110,000. Most of the market participants will retain their positions without risking them to increase. Pessimistic (correction). If the coefficient drops to about 0.75, short-term holders will begin to fix profit, and the price may decrease to $ 70,000-85,000.
At the time of writing, the first cryptocurrency is traded at $ 96,710. Over the past day, the asset has risen in price by 1.9% according to CoinmarketCap.
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Source: Cryptocurrency
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