Crypto Mommy says Bitcoin’s Realized Cap has risen to 1088000000000 USD, but its recent price gains have significantly outpaced the growth of its cost basis.
BlockBeats cited trader Doctor Profit as saying that Bitcoin is in a bull market and may rise to 86,000 USD, with a subsequent target of 94,000 USD. This statement is a personal market assessment and has not yet been validated by results.
Liquid Capital Founder Yi Lihua said that after Bitcoin fell below 82000 USD, the correction may continue, with the next support levels to watch at 79000 USD and 75000 USD nearby.
Liquid Capital founder Yi Lihua said that altcoins have recently undergone a broad pullback, while Bitcoin has not yet fallen below the key support level; he believes the pullback is consistent with the consolidating characteristics of a bull market.
PANews reported that Variant Fund investment partner Alana Levin believes the bottom of the crypto market most likely appeared July and assumes that the market is in the early stages of a new bull market.
Liquid Capital The founder Yihua Li stated that the recent correction was in line with his previous expectations and believed that it would not affect the trend in the early stages of a bull market, with high-quality assets potentially rising in rotation.
BlockBeats cited CryptoQuant analyst Axel Adler Jr. as saying that the BTC adjusted MVRV 30DMA/365DMA ratio September 20 broke above 1.0; he believes the market has transitioned from an “early bull market” to a “bull market” phase.
Drawing an analogy with pullback magnitudes in previous cycles, trader Killa believes that Bitcoin's major pullbacks before reaching 126000 USD in this cycle may range from 10%to 15%. This view also includes an opinion on 4 x leverage trading.
CoinDesk says Bitcoin’s price has crossed a key hurdle that has historically preceded major bull runs, but the available material does not specify the indicator or exact level.