“Good Things are ahead”: Investswers says Bitcoin Bull Run is not over, BTC's goals are released in the coming weeks
According to a widely followed analyst, Bitcoin (BTC) may be explosive in the coming weeks.
In the new video the Invansan Host announce His 565,000 YouTube subscribers who refer to the Bitcoin bull market are not yet over and the BTC may soon reach $ 160,000.
The analyst uses a global M2 money offer to predict Bitcoin's potential price goals – which measures the amount of money flowing throughout the financial system.
“You see that the yellow line is a global M2 money offer. Bitcoin's price follows it almost perfectly. How high it goes?
He also says that the trends in buying cohorts of various Bitcoin hosts show that whales accumulate with the digital property of the flagship.
See the accumulation. It also spreads from above …
Whales, [those with] More than 10,000 bitcoins have been a top -level accumulation for a long time, about 0.95.
1000-10,000 whale and 100-1000 bitcoin cohorts are about 0.9. They continue to stack.
I talked a lot about 100-1000 cohorts. They are of critical importance. They are now money players. They have more bitcoin than anyone else, some other cohabitation.
And then you got 10-100 bitcoin holders turning to 0.6. They start stacking. And unfortunately, everything with less than 10 bitcoins is distributed. Okay, small players sell. ”
Finally, he says that his upper and lower indicator (TABI), which is based on several metrics to predict the tops and bottoms of the market, shows Bitcoin.
“Let's talk about the upper and lower indicator now. It lets us know if we are overheated for Bitcoin or not …
We are still yellow. We are still in the middle of the road. After that, we need to go dark yellow, then orange and then red.
We have a bang right in the middle of a small yellow rise again, starts to overheat. But here we are, all, this bull race is not over yet. ”
Bitcoin trades $ 97,044 at the time of writing, during the day.
https://www.youtube.com/watch?v=COBQHEY0IXA
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