991: KRAKEN ANALYST OUTLINE POTENTIAL BITCOIN SURGE TO STAGGERING HIGH OF $322,478!!
Bitcoin News Alerts | Daily BTC Macro Signal · Justin Verrengia
Audio is streamed directly from the publisher (dts.podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
A new report from Kraken Intelligence uses the Bitcoin 200-week moving average as a crystal ball, to project the future price of the king crypto.
Specifically, Kraken looks at the multiples that BTC has traded at relative to its 200-week moving average in the past.
If Bitcoin once again climbs to a 10x to 15x multiple of its 200-week moving average, which Kraken analysts say is in the historical range, this would imply a future price range of $214,985 to $322,478.
Learn more about your ad choices. Visit megaphone.fm/adchoices