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Bitcoin’s Growth May Be Slowing, But Its Long-Term Strength Remains, Says Alphractal

  • Bitcoin's price historically surges to a multiple of its 2-year moving average during bull markets, but the multiples have been declining over time.
  • Peak valuations of Bitcoin, compared to its 2Y SMA, have decreased from 15 times to just 2.65 times in the most recent cycle, indicating a maturing and less volatile market.
  • Alphractal estimates that a Bitcoin price of around $159,000 aligns with the 2Y SMA x 2.65 mark, potentially acting as a ceiling for future momentum.
  • Although Bitcoin's growth may be slowing, analysts at Alphractal remain optimistic about its long-term trajectory, suggesting that the asset's structural strength continues to support potential outperformance over the long run.

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