Bitcoin's on-chain momentum is at a ratio of 0.8, hinting at a potential rally. 🤔
Here are three possible scenarios for the next six months:
🟢 Bullish: If the Ratio climbs above 1.0 and stabilizes, Bitcoin could surge to $150-175K, echoing the 2017 and 2021 cycles.
🟠 Consolidation: If the ratio holds between 0.8 and 1.0, the price may settle in a $90-110K range, with steady but cautious market participation.
🔴 Correction: A dip in the ratio to 0.75 or below might trigger a drop to $70-85K as short-term holders cash out, though this seems less likely after recent market trends.
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