991: KRAKEN ANALYST OUTLINE POTENTIAL BITCOIN SURGE TO STAGGERING HIGH OF $322,478!! - a podcast by Justin Verrengia

from 2022-07-19T15:52:04

:: ::

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

Further episodes of Crypto News Alerts | Daily Bitcoin (BTC)

Further podcasts by Justin Verrengia

Website of Justin Verrengia