彩虹指标显示，比特币（BTC）价格还有更大的上涨空间

比特币彩虹价格指标使用对数增长曲线表明该币很便宜。

Bitcoin price soared to a record high in 2023. After starting the year at about $48,000, BTC reached a peak of over $98,000 in April. At this level, the coin’s market capitalization rose to over $1.8 trillion.

比特币价格在 2023 年飙升至历史新高。年初价格约为 48,000 美元后，BTC 在 4 月份达到了超过 98,000 美元的峰值。在此水平上，该代币的市值升至超过 1.8 万亿美元。

But, despite soaring by over 525% from its lowest level in 2022, several popular indicators still show that Bitcoin is cheap and has more room to grow in the near term. Here are three key indicators that show that BTC is still a bargain.

但是，尽管比特币较 2022 年的最低水平飙升了 525% 以上，但一些流行指标仍然表明比特币很便宜，并且在短期内有更大的增长空间。以下三个关键指标表明比特币仍然便宜。

Bitcoin rainbow price indicator

比特币彩虹价格指标

The Bitcoin rainbow price indicator, which uses the logarithmic growth curve, shows that the coin is still a bargain. The logarithmic growth curve is a complex mathematical calculation that represents a growth that starts quickly and then slows as it moves near the maximum value.

比特币彩虹价格指标采用对数增长曲线，表明该货币仍然很便宜。对数增长曲线是一种复杂的数学计算，表示增长迅速开始，然后随着接近最大值而减慢。

This indicator identifies key levels of Bitcoin, including extreme bubble territory, sell, FOMO, hold, accumulate, and fire sale. At $98,000, Bitcoin has moved to the green zone, meaning that it is still in the accumulation stage and has more upside. When its price reaches $267,000, Bitcoin will start entering the bubble territory.

该指标确定了比特币的关键水平，包括极端泡沫区域、卖出、FOMO、持有、积累和抛售。比特币在98,000美元处已经进入绿色区域，这意味着它仍处于吸筹阶段，并且有更多的上涨空间。当其价格达到 267,000 美元时，比特币将开始进入泡沫区域。

Bitcoin bubble index is still low

比特币泡沫指数仍处于低位

The Bitcoin bubble index remains significantly low in line with the rainbow indicator. According to CoinGlass, the index remains below 15, a sign that the coin is not in the bubble territory. Most of the biggest Bitcoin crashes such as between 2021 and 2022 happened when the index has moved above 100.

比特币泡沫指数仍然明显较低，与彩虹指标一致。据 CoinGlass 称，该指数仍低于 15，这表明该代币并未处于泡沫区域。大多数最大的比特币崩盘（例如 2021 年至 2022 年期间）都发生在该指数升至 100 以上时。

This bubble index looks at key indicators such as Google Trends, mining difficulty, the number of transactions, tweets, and the number of coins sent by address. It now suggests that the coin may have more upside in the near term.

该泡沫指数着眼于谷歌趋势、挖矿难度、交易数量、推文以及地址发送的代币数量等关键指标。现在表明该代币在短期内可能有更多上涨空间。

Bitcoin price MVRV-Z score

比特币价格 MVRV-Z 评分

The other important indicator that show that Bitcoin’s price has more upside are the market value and realized value (MVRV) and Z score. The MVRV-z score is calculated by subtracting the realized market cap, or the value of transactions on the Bitcoin chain, from the circulating market cap, and dividing with the standard deviation.

表明比特币价格还有更大上涨空间的另一个重要指标是市值和实现价值（MVRV）和Z分数。 MVRV-z 分数的计算方法是从流通市值中减去已实现的市值或比特币链上的交易价值，然后除以标准差。

Bitcoin and other cryptocurrencies are said to be cheap when the MVRV-Z score indicator is about 3.8. The figure stands at 2.57 today, meaning that it has more upside to get to the overvalued today.

当 MVRV-Z 得分指标约为 3.8 时，比特币和其他加密货币被认为是便宜的。今天这个数字为 2.57，这意味着今天它还有更多的上涨空间来达到高估的水平。