Glassnode's Rafael Shultze-Kraft has shared several on-chain metrics that he believes suggest that Bitcoin will rise in price to six figures in the future.The CTO of cryptocurrency market data aggregator Glassnode, Rafael Schultze-Kraft, has described a number of Bitcoin market indicators as "insanely bullish" and prices are forecast to rise more than 10 times. Each of Schulze-Kraft's predictions (or estimates) sees Bitcoin split into six figures, with all but one suggesting that the price of BTC will exceed $ 200,000. For each of the indicators, Schultze-Kraft measured the gains produced when the metric moved from a similar position in 2017 to an all-time high later that year. He then multiplied the current price of Bitcoin by the same percentage increase.
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