比特币价格可能达到 10 万美元的四个原因：CryptoQuant

CryptoQuant 在其最新的每周报告中透露，比特币是全球市值最大的加密货币，尽管近期势头强劲，但其估值尚未被高估。

Bitcoin price has been on a tear over the past week, printing successive all-time highs in less than five days. While Donald Trump’s success at the United States elections might have kickstarted the recent rally, the growth of the premier cryptocurrency — and the general crypto market — seems to have developed a life of its own.

过去一周，比特币价格一路飙升，在不到五天内连续创下历史新高。尽管唐纳德·特朗普在美国大选中的成功可能引发了最近的反弹，但主要加密货币以及整个加密市场的增长似乎已经发展出了自己的生命力。

The market has been left wondering where the next market top is, with some pundits and commentators believing that the BTC price rally has come to an end. However, a prominent on-chain analytics firm has come forward to say that the Bitcoin price still has room for some upside movement.

市场一直想知道下一个市场顶部在哪里，一些专家和评论员认为 BTC 价格上涨已经结束。然而，一家著名的链上分析公司出面表示，比特币价格仍有上涨空间。

Four Reasons Why $100,000 Is Possible For Bitcoin Price: CryptoQuant

比特币价格可能达到 10 万美元的四个原因：CryptoQuant

In its latest weekly report, CryptoQuant revealed that Bitcoin, the world’s largest cryptocurrency by market capitalization, is yet to be overvalued despite its recent positive momentum. According to the blockchain platform, the market leader could soon reach the highly-coveted price level of $100,000.

CryptoQuant 在其最新的每周报告中透露，比特币是全球市值最大的加密货币，尽管近期呈现积极势头，但其估值尚未被高估。根据区块链平台的说法，市场领导者可能很快就会达到令人垂涎的 100,000 美元的价格水平。

Related Reading: Dogecoin Explodes 112% – Is $1 The New Target After This Historic Rally?

相关阅读：狗狗币暴涨 112%——历史性反弹后 1 美元是新目标吗？

Crucially, CryptoQuant noted that Bitcoin is not yet overvalued at the current price levels, as the MVRV metric is still outside the overvalued region. This ultimately means that the bullish price action is not yet overheated, and the Bitcoin price could still make a play for higher prices.

至关重要的是，CryptoQuant 指出，按照当前的价格水平，比特币尚未被高估，因为 MVRV 指标仍处于高估区域之外。这最终意味着看涨的价格走势尚未过热，比特币价格仍可能走高。

Moreover, the Trader On-chain Realized max band is pointing to $100,000 as the next target for the Bitcoin price. According to CryptoQuant, the last time the max band reached its current level was in March 2024 when the premier cryptocurrency surpassed the $70,000 level for the first time.

此外，交易者链上已实现最大区间指出 100,000 美元是比特币价格的下一个目标。据 CryptoQuant 称，上一次最高区间达到当前水平是在 2024 年 3 月，当时这一主要加密货币首次突破 70,000 美元的水平。

Another on-chain observation that supports the continuous Bitcoin price rally is the demand growth. CryptoQuant highlighted that investor demand in the United States has returned since the presidential election, with Coinbase Premium remaining positive in the past few days.

支持比特币价格持续上涨的另一个链上观察是需求增长。 CryptoQuant 强调，自总统大选以来，美国的投资者需求已经回升，过去几天 Coinbase Premium 仍然保持乐观。

Finally, crypto market liquidity has continued to increase over the past few weeks, as stablecoins make their onto exchanges. For context, more than $3.2 billion in USDT has flowed into exchanges since the US election, signaling the potential of a sustained Bitcoin price rally.

最后，随着稳定币进入交易所，加密市场的流动性在过去几周持续​​增加。就背景而言，自美国大选以来，超过 32 亿美元的 USDT 已流入交易所，这表明比特币价格有持续上涨的潜力。

Tread With Caution

谨慎行事

Some selling action could follow the recent price rally, however. While some Bitcoin miners have started offloading their assets for profit, the blockchain firm also noted that the Bitcoin selling seen so far is still minor but could quickly increase.

不过，近期价格上涨后可能会出现一些抛售行动。虽然一些比特币矿商已经开始抛售资产以获取利润，但该区块链公司还指出，到目前为止，比特币的抛售规模仍然很小，但可能会迅速增加。

Related Reading: How Low Can Dogecoin Go Before Rallying Again? Expert Forecast

相关阅读：狗狗币再次反弹之前能跌到多低？专家预测