Analysis: Four major indicators show that Bitcoin has not yet reached its peak, and the price in this cycle may exceed $200000

Odaily Planet Daily News: According to Lookonchain analysis, all four technical indicators indicate that BTC has not yet reached the peak of this bull market. Rainbow chart predicts that the price of Bitcoin is expected to exceed $200000 this cycle; The RSI index is 71.35, indicating that there is still room for improvement compared to historical peaks; The 200 week moving average heatmap shows a blue area, indicating that the price has not yet peaked; 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.