$BTC The large pancake is still in an upward cycle, the next target is $122,000
In 2025, old Bitcoin wallets continue to distribute Bitcoin, and these Bitcoins are flowing to high-net-worth individuals, hedge funds, and corporate wallets. This is not a panic sell-off, but a rhythmic asset rotation. The Bitcoin inventory on whale trading platforms remains low, suppressing market volatility.
This round of行情 is slow and strategic, led by institutions. As long as large holders can continue to absorb market selling pressure, there is still room for Bitcoin to rise. Historical patterns of Bitcoin show that the real risk is when long-term holders stop selling, rather than starting to sell.
This indicates we still have time. The amount of Bitcoin held by long-term holders is still increasing, suggesting that this cycle has not yet ended. Our next target price is $122,000, a judgment based on our analysis model of macro cycles and behavioral capital flows, which has successfully identified significant turning points multiple times.
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