CryptoQuant: Its highest price target is $146,000 based on Bitcoin's realized price valuation
CryptoQuant said on the X platform that its maximum price target is $146,000 based on Bitcoin's Realized Price Valuation. This price range has historically marked cycle tops, such as April-May 2021.
Note: Realized Price Valuation is an important metric used to evaluate the value of cryptocurrencies, especially bitcoins. It reflects the "real cost" of all bitcoins in the market by calculating the price of each bitcoin when it was last traded.