{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=PT-PT&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Glassnode+CTO%3A+Bitcoin+to+Reach+Up+to+%24286%2C000+USD&text=Rafael+Schultze-Kraft+has+bullish+belief+in+the+price+of+Bitcoin%3B+suggesting+it+will+hit+up+to+%24286%2C000+USD+within+this+bull+rally.&text=Glassnode+chief+technical+officer+Rafael+Schultze-Kraft+has+suggested+that+Bitcoin+indicators+show+Bitcoin+price+to+be+on+the+point+of+an+%22%3Cem%3Einsanely+bullish%3C%2Fem%3E%22+trend.%0A%0AIn+a+Twitter+thread%2C+Schulze-Kraft+offered+his+prediction+based+on+market+indicators+and+data+analysis+from+previous+historic+trends.+In+the+thread%2C+the+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fpt-pt%2Fbitcoin-revolution%2F%22%3EBitcoin+bull%3C%2Fa%3E+indicated+that+he+thinks+the+cryptocurrency+will+skyrocket+to+10+X+the+price+it+currently+holds.%0A%3Cblockquote+class%3D%22twitter-tweet%22%3E%0A%3Cp+dir%3D%22ltr%22+lang%3D%22en%22%3E1%2F+Where+are+we+in+the+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2Fhashtag%2FBitcoin%3Fsrc%3Dhash%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%23Bitcoin%3C%2Fa%3E+market+cycle%3F%3C%2Fp%3E%0AA+look+at+some+of+the+most+important+on-chain+market+indicators.%0A%0ATLDR%3A+Insanely+bullish%2C+most+metrics+are+far+from+the+top.+If+things+develop+anything+like+2017%2C+we+could+see+more+than+10x+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2Fsearch%3Fq%3D%2524BTC%26amp%3Bsrc%3Dctag%26amp%3Bref_src%3Dtwsrc%255Etfw%22%3E%24BTC%3C%2Fa%3E+from+here.%0A%0AA+THREAD+%F0%9F%91%87+%3Ca+href%3D%22https%3A%2F%2Ft.co%2Fd1jU0h5fxA%22%3Epic.twitter.com%2Fd1jU0h5fxA%3C%2Fa%3E%0A%0A%E2%80%94+Rafael+Schultze-Kraft+%28%40n3ocortex%29+%3Ca+href%3D%22https%3A%2F%2Ftwitter.com%2Fn3ocortex%2Fstatus%2F1336366033255473152%3Fref_src%3Dtwsrc%255Etfw%22%3EDecember+8%2C+2020%3C%2Fa%3E%3C%2Fblockquote%3E%0A%3Cscript+async+src%3D%22https%3A%2F%2Fplatform.twitter.com%2Fwidgets.js%22+charset%3D%22utf-8%22%3E%3C%2Fscript%3E%0A%3Ch2%3EPrediction%3A+Bitcoin+to+break+%24200%2C000+USD%3C%2Fh2%3E%0ASchulze-Kraft%E2%80%99s+predictions+based+on+the+market+information+account+that+the+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fpt-pt%2Fplataformas-de-comercio%2F%22%3Eleading+cryptocurrency%3C%2Fa%3E+will+smash+through+levels+of+resistance+to+bag+six-figure+territory.+Almost+all+of+his+bullish+predictions+suggest+that+Bitcoin+will+hit+%24200%2C000+USD.+He+based+his+predictions+on+different+metrics%2C+such+as+the+net+unrealised+profit%2Floss+%28NUPL%29+of+Bitcoin+which+has+soared+since+the+record+bull+rally+in+2017.+This+metric+measures+the+difference+between+unrealised+gains+or+losses+since+tokens+have+last+moved+on-chain.%0A%0ABased+on+the+history+of+the+previous+bull+rallies%2C+Schulze-Kraft+believes+Bitcoin%27s+record+high+could+reach+%24286%2C000+USD+this+cycle.+Previously%2C+the+cycles+of+bull+rallies+came+eighteen+months+following+the+halving+event+%28which+most+recently+took+place+in+May%29.+With+the+struggling+economy%2C+a+fresh+wave+of+investors%2C+and+new+institutional+attention+to+the+market%2C+the+bullish+predictions+for+Bitcoin+price+might+not+be+far+off+achieving.%0A%0AOther+metrics+Schulze-Kraft+used+to+analyse+Bitcoin%27s+possible+price+trajectory+include+long-term+holder+market-volume+realised-volume+%28MVRV%29%2C+long-term+holder+spent+output+profit+ratio+%28SOPR%29%2C+Thermo+Cap+Ratio%2C+and+Reserve+Risk.+All+data%2C+available+and+collated+by+his+firm%2C+has+been+taken+as+live+data+and+drives+his+expectations+for+the+token.%0A%3Cp+style%3D%22text-align%3A+center%3B%22%3E%3C%2Fp%3E","timeout":15}