Bitcoin Hits $124K — The Supercycle
Bitcoin$BTC
has once again stunned the market, surging past $124,000 and maintaining its position above the $100K level for 99 consecutive days. This has fueled talks of a new supercycle — a phase of exponential growth unlike past bull runs.
Market Snapshot
Metric Value
Current Price $124,000
Days > $100K 99 Days
Market Sentiment Ultra Bullish
The stability above $100K signals unprecedented confidence, with institutional demand and ETF inflows supporting the rally. Historically, Bitcoin bull cycles have been marked by sharp peaks and retracements, but this time, sustained demand suggests a longer, steadier climb.
Retail investors are also re-entering, driven by fear of missing out (FOMO). At the same time, institutional buying continues to lock supply, limiting downward pressure.
This rally may mark the beginning of Bitcoin’s strongest cycle yet, reshaping the entire crypto landscape.
