Part 6/10:
Against this backdrop, a more conservative assessment comes from market analysts. Kyle Chisamore, a noted trader, predicts a cap of around $120,000 based on the nupal chart, which provides insights into market overvaluation and undervaluation. While he cautions that the potential for a higher price exists as long as Bitcoin continues to consolidate around the $100,000 mark, his analysis serves as a sober reminder that the market fluctuates and predictions are inherently uncertain.