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24h Vol
12837
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Bitcoin Share
BitcoinSistemi 2025-02-13 18:57:08

Analysis Company Shares the Level Where It Thinks “Bitcoin Price Will Never Go Down”

Analysis Company Shares the Level Where It Thinks “Bitcoin Price Will Never Go Down”

Cryptocurrency analytics firm Alphractal has shared its views on Bitcoin’s price trajectory, noting a long-term bullish outlook while acknowledging a gradual decline in growth rate across market cycles. According to Alphractal’s logarithmic growth model, Bitcoin’s midpoint currently stands at $216,000 and continues to rise. However, the firm has adjusted its forecast by adding an additional support line below the midpoint, reflecting the slowing pace of market expansion over time. Alphractal identifies $38,000 as the current oversold threshold, meaning that historically Bitcoin would be considered significantly undervalued below this level. The model suggests that this threshold will likely rise above $50,000 within a year, reinforcing the idea that Bitcoin’s long-term price floor is trending upward. Related News: Binance Adds 7 Altcoins to its Pre-Listing Pool for Listing Today - There Are Surprises Even if Bitcoin fails to meet the most optimistic forecasts, Alphractal’s analysis argues that a drop below $30,000 is unlikely based on historical growth patterns alone. Summarizing their outlook, Alphractal suggests that the current cycle will be considered successful as long as Bitcoin remains above $38,000. Even at this level, millions of Bitcoin addresses will continue to make significant profits. *This is not investment advice. Continue Reading: Analysis Company Shares the Level Where It Thinks “Bitcoin Price Will Never Go Down”

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