We take a look at a theoretical path to $100k Bitcoin using on-chain analysis. In this video, we discuss the hash rate, the average transaction fee, and the active addresses. We discuss these metrics with regards to the price of Bitcoin. The hash rate is steadily increasing, and if history is any indication, we may need it to move up at least one more order of magnitude to reach $100k Bitcoin. Do you think Bitcoin will reach $100k? Let me know what you think in the comments below!
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Alternative Option:
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Disclaimer: The information presented within this video is NOT financial advice.
Telegram: https://t.me/intocryptoverse
Twitter: https://twitter.com/intocryptoverse
Discord: https://discord.gg/Ac6TRZ7
Facebook: https://www.facebook.com/groups/intothecryptoverse
Reddit: https://www.reddit.com/r/intothecryptoverse/
Website: https://intothecryptoverse.com/
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