Crypto analysts predicted that the price of Bitcoin would reach $100,000 by 2021.
Many technical analysis metrics suggest that it is more likely that the price will go down further than it will recover to the $40,000 to $45,000 range.
As per the projection, Bitcoin marked its highest of the last cycle by reaching $68,789 on November 10, 2021.
The AASI reading is currently similar to the readings it had in the past.
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