![Bitcoin's [BTC] price "might touch $42,000 this year," well only if...](https://ambcrypto.com/wp-content/uploads/2023/02/aleksi-raisa-DCCt1CQT8Os-unsplash-1.jpg)
On-chain analysis revealed that BTC has the potential to rally to $42,000 before the year runs out. In the meantime, coin distribution exceeds accumulation. Currently trading at its September 2022 level, CryptoQuant analyst Oinonen_t has opined that Bitcoin [BTC] “has a significant chance to reach its fair price of $42K this year.” According to Oinonen_t, […]