随着普埃尔倍数逼近罕见的金十字，比特币多头准备迎接潜在的 90% 价格飙升

随着关键比特币价格指标普埃尔倍数接近罕见的黄金十字，比特币多头正在为潜在的 90% 价格飙升做好准备。

Bitcoin price could surge 90% as key metric nears ‘golden cross’

随着关键指标接近“黄金十字”，比特币价格可能飙升 90%

Bitcoin bulls are bracing for a potential 90% price surge as a key metric approaches a rare "golden cross" scenario.

随着一项关键指标接近罕见的“金十字”情景，比特币多头正准备迎接潜在的 90% 价格飙升。

According to data from on-chain analytics platform CryptoQuant, the Puell Multiple has crossed its 365-day moving average only three times in the past five years, and each occurrence has coincided with a substantial increase in Bitcoin's price.

根据链上分析平台 CryptoQuant 的数据，过去 5 年中，Puell Multiple 只跨越 365 天移动平均线 3 次，而且每次发生都与比特币价格大幅上涨同时发生。

The Puell Multiple measures the daily value of mined Bitcoin against its 365-day moving average, providing insight into miner stability and market cycles from a mining perspective.

Puell Multiple 衡量开采的比特币的每日价值及其 365 天移动平均线，从挖矿的角度深入了解矿工的稳定性和市场周期。

Historical Precedents and Market Sentiment

历史先例和市场情绪

Past instances of the Puell Multiple golden cross have indeed been followed by significant Bitcoin rallies, as noted by CryptoQuant's analysis.

正如 CryptoQuant 的分析所指出的，过去的 Puell Multiple 黄金交叉实例确实伴随着比特币的大幅上涨。

In March 2019, a Puell golden cross preceded an 83% increase in Bitcoin's price. Another occurrence in January 2020 was followed by a 113% surge, and the most recent cross, observed in January 2024, marked the beginning of a 76% gain.

2019 年 3 月，普埃尔黄金交叉导致比特币价格上涨 83%。 2020 年 1 月的另一次交叉出现之后，股价飙升了 113%，而最近一次交叉出现在 2024 年 1 月，标志着 76% 涨幅的开始。

Now, if the Puell Multiple sustains above its 365-day moving average, on-chain data suggests that we could see an average increase of around 90% in Bitcoin's price.

现在，如果 Puell 倍数维持在 365 天移动平均线之上，链上数据表明我们可能会看到比特币价格平均上涨 90% 左右。

Favorable Macroeconomic Conditions

有利的宏观经济条件

The current macroeconomic environment also aligns with the scenario of a strong bull rally. As highlighted by analysts at CryptoQuant, favorable conditions are boosting the likelihood of an inevitable price breakout.

当前的宏观经济环境也符合牛市强劲反弹的情景。正如 CryptoQuant 分析师所强调的那样，有利的条件正在增加不可避免的价格突破的可能性。

These conditions include increased institutional adoption, positive regulatory developments, and a fear of missing out among retail investors. Bitcoin's price has already gained over 40% in Q4 2024, and the market's parabolic phase appears to have begun.

这些条件包括机构采用的增加、积极的监管发展以及散户投资者对错失良机的担忧。 2024 年第四季度，比特币的价格已经上涨了 40% 以上，市场的抛物线阶段似乎已经开始。

This phase could potentially last for around 300 days before a new macro top is established.

在新的宏观顶部建立之前，这一阶段可能会持续约 300 天。

RSI and Market Dynamics

RSI 和市场动态

The Relative Strength Index (RSI), another key technical indicator, signals that Bitcoin's bull market is just getting started. During Bitcoin bull runs, the RSI tends to stay above its overbought level of 70.

另一个关键技术指标相对强弱指数（RSI）表明比特币的牛市才刚刚开始。在比特币牛市期间，RSI 往往保持在 70 的超买水平之上。

As of 18th November, 2024, the monthly RSI stood at 74.4, indicating intense buying pressure, which further supports the bullish outlook for Bitcoin.

截至2024年11月18日，月度RSI为74.4，表明购买压力巨大，这进一步支撑了比特币的看涨前景。

Future Prospects for Bitcoin Bulls

比特币牛市的未来前景

As Bitcoin approaches the $100,000 mark, market sentiment remains optimistic. Analysts are predicting that the most intense upside for Bitcoin is still to come, with expectations of reaching six figures for the first time in the history of the cryptocurrency.

随着比特币逼近10万美元大关，市场情绪依然乐观。分析师预测，比特币最强劲的上涨势头尚未到来，预计其价格将在加密货币历史上首次达到六位数。

However, there are concerns about retail FOMO and potential corrections along the way.

然而，人们对零售业的 FOMO 和潜在的调整感到担忧。