The question is if tBTC is currently on an uptrend?
According to the data, since April 7, 2022, tBTC has been steadily decreasing and has gone down 45.3%. Concerning the 200-day moving average line, -59.26 is currently -65.92% above it. It is also -68.29% above the 100-day moving average line and __val__% above the 50-day moving average line.
Predictions for the price of tBTC in 2023
Let's examine the one-year forecast more closely since it is the most precise of the analysts' forecasts.
Analysts were divided in their predictions for the tBTC price over the next year. The highest forecast predicted a one-year price target of $74.71k. However, the most pessimistic forecast was $57.04k.
The latest average price target for the next year is $64.81k, which is the most vital figure.
This indicates a possible increase of 2.69 percent.
TBTC - Relative Strength Forecast
TBTC - Trend Prediction
TBTC - Price Volatility Prediction
TBTC - Relative Strength
TBTC - Momentum Forecast
tBTC's Prospects For 2025-2030
tBTC's future looks promising. According to ten analysts, tBTC is expected to reach $68.34k by March 2025. The five-year forecast projects that the tBTC price will be $72.07k by March 2027. The long-term prediction for 2030 is $78.04k.