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On CryptoQuant, there is a metric called the Bull-Bear Market Cycle Indicator.  This is an indicator that measures the momentum of Bitcoin’s bull/bear market cycle. Technically, it is calculated as the difference between the P&L index and its 365-day moving average. In turn, the P&L index of CryptoQuant uses the MVRV ratio, NUPL, and LTH/STH …

Veteran investor Ric Edelman believes Bitcoin could climb to $500,000 by 2030 on the back of a 1% capital allocation from global portfolios. Bitcoin currently changes hands at $68,300, which means the asset would need to rise about 632% to hit the $500,000 target.Visit Website