【Crazy Alert!】Bitcoin Rushes to $100,000! Is a Super Bull Market Signal About to Ignite?
Bitcoin has steadily stood above the $90,000 mark over the past week, soaring over 11% in just 7 days, and market sentiment is heating up across the board, as investors seem to be preparing for a larger explosion!
$1.8 Billion Buying Spree! Whales Are Frenziedly Accumulating
According to the latest on-chain data, in just 48 hours, 20,000 Bitcoins (worth approximately $1.86 billion) were quickly purchased, with funds flooding in, boosting market confidence. The technical indicators are also releasing positive signals, with the cost basis for short-term holders (STH) currently at $93,145, marking a critical bullish-bearish dividing line ahead.
Key Resistance: $102,000 Imminent
Bitcoin is approaching the important level of $102,000, and once it breaks through, it may trigger a new round of price surge. More aggressive targets even point to $131,800, which is the peak area of the upward cycle marked by analysts.
Market Rhythm Highly Aligned with Historical Bull Market Patterns
Market researchers point out that Bitcoin's current trajectory is astonishingly consistent with classic upward cycles since 2015. This phase typically follows a pattern of consolidation accumulation → sustained rise → reaching new highs. The current market rhythm aligns closely with this template, indicating that a larger-scale trend may be on the way.
Turning Point Expected: Will October See a Peak?
Analysts indicate that the period between October 12 and 16 may become a critical turning window for this round of market activity, highly coinciding with Bitcoin's past four-year cycle turning points. If history repeats itself, Bitcoin may first touch the cycle top before entering a correction.
Conclusion: Final Sprint of the Bull Market? Or a Super Trap?
Bitcoin is nearing a dual critical point of technology and sentiment; $100,000 is not the end, but the ignition point. Is history repeating itself, or is this the final chapter of the bull market?
