Analysis: Four major indicators show that Bitcoin has not yet reached its peak, and the price of this cycle may exceed $200,000

Odaily News According to Lookonchain analysis, the four major technical indicators all show that BTC has not yet reached the peak of this bull market. The rainbow chart predicts that the price of Bitcoin is expected to exceed $200,000 in this cycle; the RSI index is 71.35, which still has room to rise compared to the historical peak; the 200-week moving average heat map is in the blue area, indicating that the price has not yet reached the top; the 2-year moving average multiplier shows that the current price is between the red and green lines, and has not reached the top signal.