🚀 Bitcoin surged past $100,000 before pulling back. Is this a sign of market uncertainty or a controlled bull run?
Bitcoin Hits $100K, Then Retraces—Market Still Uncertain
Bitcoin’s price saw sharp fluctuations in the past 24 hours, briefly crossing $100,000 before dropping back. This volatility highlights trader reactions to short-term price swings, even as long-term investors hold firm.
Despite the recent dip, Bitcoin’s price action appears more structured compared to previous bull runs. Let’s explore how this cycle differs from the past.
Bitcoin’s Market Cycle: A New Approach?
📊 RHODL Ratio & Investor Behavior
The Realized HODL (RHODL) ratio since Bitcoin’s recent all-time high (ATH) sits at 23%. While demand remains strong, the amount of Bitcoin held for over three months is lower than in previous cycles. This suggests that buying interest comes in bursts rather than a steady flow.
📉 Lower Volatility Signals Market Maturity
Unlike past cycles, where volatility often hit 80%-100%, Bitcoin’s three-month rolling volatility remains below 50%. This indicates that mature investors are helping stabilize the market, reducing the likelihood of extreme price swings.
📈 A More Structured Bull Run?
The 2023-2025 cycle follows a stair-step pattern, with price rallies followed by consolidation periods. This controlled growth contrasts with the wild fluctuations seen in previous bull runs. If this trend continues, Bitcoin may be moving toward a more sustainable uptrend.
BTC Price Prediction: Key Support Levels to Watch
🔹 Immediate Support: $95,869
🔹 Potential Drop Target: $93,625
🔹 Breakout Target: $100,000+
Bitcoin currently hovers around a crucial support level at $95,869. A break below this level could trigger a correction to $93,625, especially if selling pressure increases.
However, if BTC holds above support and bounces back, it could regain the $100,000 mark. A break above this psychological barrier may fuel a renewed rally, invalidating the short-term bearish outlook.
Key Takeaways
✔ Bitcoin briefly touched $100K but retraced due to market volatility.
✔ Long-term investors are helping stabilize price movements.
✔ Lower volatility suggests a more structured bull run.
✔ Bitcoin must hold $95,869 to avoid further downside.
✔ A breakout above $100K could reignite bullish momentum.
