BTC nine-finger cap chart update: price has not reached its peak, and there is still room for imagination in the "upper limit" of the bull market

According to the latest BTC nine-finger cap chart released by well-known analyst CryptoChan on the chain, the current Bitcoin price has not yet broken through any of the nine key pricing lines, and the market top is still far away.

 

The nine on-chain pricing lines point in turn to the potential bull market ceiling:

 

Curve-Fitted MVRV Price: $130,369

Std-Adjusted MVRV Price: $132,557

Fibonacci-Balanced Price: $136,469

Std-Adjusted STH-MVRV Price: $145,038

Tradable Realized Price: $155,843

Pow Top Price: $171,382

Curve-Fitted Median MVRV Price: $175,372

Thermocap Price: $188,045

Fibonacci-Terminal Price: $194,126

 

Looking back at historical bull markets:

The bull market tops in 2011, 2013, 2017, and 2021 were accompanied by BTC breaking through multiple pricing lines. Currently, BTC is still hovering below the pricing line, indicating that the bull market is far from reaching its limit.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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