Cryptocurrency analytics firm Alphractal publishes a comprehensive analysis that assesses the Bitcoin market cycle from a multi-layered perspective.
The company aims to help investors understand the market structure better by integrating valuation models from more than 12 chains.
According to the report, Bitcoin’s major economic price levels are $53,300 with realised prices, the real market average of $78,700 and the active realised prices of $85,500. Looking at the investor group, the cost floor for short-term investors is calculated as $110,800, while the cost floor for long-term investors is calculated as $36,500.
According to the company, the Alpha price (fair value) is $169,400, the CVDD model is $41,900, and the Alpha CVDD, which represents the top of the cycle, is $239,800. Plus, the long-term support point known as Thermo prices is $4,300.
Among other indicators, the historic average price is $16,800, the delta price is $36,500 and the peak price is $586,800, which has peaked in the past.
Alphractal notes that investors need to pay particular attention to the intersection of spot prices and investor cost floors (STH, LTH, active, and general investor prices). According to the company, such intersections generally show a trend reversal, but prices approaching CVDD or thermo levels indicate historically strong buying zones.
*This is not investment advice.
