PANews May 1st news, CryptoQuant analyst Axel Adler Jr. analyzed three possible trends for Bitcoin in the next six months. Currently, Bitcoin's on-chain momentum shows signs of "starting."

  • In an optimistic scenario, if the relevant indicators break through 1.0 and hold, Bitcoin's price could rise to $150,000 to $175,000.
  • In a base scenario, with indicators fluctuating between 0.8-1.0, the price will hover between $90,000 to $110,000.
  • In a pessimistic scenario, if indicators fall to above 0.75, short-term holders might sell, and Bitcoin's price could fall back to $70,000 to $85,000.

He stated that considering previous adjustments, the first two scenarios are more likely to be realized.

CryptoQuant Predicts Three Future Scenarios for Bitcoin: Optimistic Case Could Rise to $150,000 to $175,000 image 0