A leading digital asset investing research firm is attempting to answer the question of whether or not Bitcoin (BTC) has further upside to go.
In a new analysis posted to the social media platform X, Swissblock says that the BTC Fundamental Index can answer that question.
“If you’re questioning whether Bitcoin still has upside — this is the only chart you need to see:
On-chain fundamentals have flipped back to strength.
This move isn’t just speculation.
Sustained upside is now structurally supported. Higher.”
BTC is worth $119,154 at time of writing, up nearly 10% in the last week.
Moving on to altcoins, Swissblock dares to answer another question on traders’ minds — how close is altseason?
“Altseason in Sight: Wave 5 Has Begun?
The altcoin market just broke out of a multi-month consolidation.
Structure suggests a classic 5-wave move — and Wave 5 may be underway.
Historically, Wave 5s in crypto unfold fast and vertical — this could mirror 2017 or 2021.
Target: $1.79 trillion – $3.37 trillion
Altseason may be here — but it could also be the last leg before the cycle peaks.”
Swissblock’s “waves” refer to the Elliot Wave Theory, a financial analysis framework that views markets as moving in repeating wave patterns driven by investor psychology.
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