Bitcoin On-Chain Data Points to $110K+ as Next Potential All-Time High
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Bitcoin's "Terminal Price" based on on-chain data hints the next BTC all-time high could be at least $110K.
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Terminal Price is calculated from metrics like Coin Days Destroyed and has aligned with cycle tops in the past.
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Not every ATH reaches Terminal Price, but hitting it signals a cycle peak time to sell.
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Other indicators like Pi Cycle Top also help estimate cycle peaks, though with just days' notice.
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Historical data suggests $110K is a conservative estimate for Bitcoin's next top, possibly coming in 2025 or later.