$BTC
Current Market Situation:
BTC is trading around $99,000 — up 12% in the last 7 days. It’s reclaimed the 200-day moving average ($95,200), and technically, we’re seeing a solid “cup and handle” breakout.
Also, trading volume is bouncing back — over $40B in the last 24 hours, which is 35% higher than the previous monthly average. Momentum clearly picking up.
3 Major Bullish Signals I’m Watching:
1️⃣ Institutional Money Coming Back
• BlackRock’s ETF (IBIT) has seen inflows for 18 days straight — added 52,000 BTC. That’s now over 3% of BTC’s circulating supply in institutional hands.
• MicroStrategy is back again — buying more BTC at an average of $94,800. They’re already sitting on +15% gains. That creates a strong base.
2️⃣ On-Chain Data Looking Solid
• Exchange BTC balances are down to 2.25M — lowest in 5 years. Long-term holders now hold 78% of supply, so selling pressure is low.
• Miners’ shutdown price is now around $60K. Post-halving hash rate remains stable, showing supply squeeze is real and slowly kicking in.
s and holds above $100K, next target = $105K (Fib 1.618 level).
• Long-Term View: Any dip between $90K–$95K is a solid accumulation zone, especially post-halving.
So what do you think — are we in the second leg of the halving bull market, or is this the start of another hype cycle?