The market has gained momentum in recent weeks, with industry leaders suggesting that Bitcoin is the only price. The beginning of the next major rally. Digital assets show a wider opposition resilience Market VolatilityAdam Back, co-founder and CEO of BlockStream, the Blockchain Technology Company, has boldly predicted that the $100,000 Bitcoin will still be cheap. The founder of Crypto believes that the flagship cryptocurrency holds much greater potential and predicts its true potential Peak value for this cycle.
Why $100,000 Bitcoin Prices Still Low
Recently, longtime Bitcoin advocate Buck Emphasised The market continues to underestimate Long-term possibilities of BTC. He said the discussion about the decline in returns from each half cycle may not fully reflect the current economic situation. The founder of Crypto pointed out that Latest half cycle It was affected by macroeconomic disruptions, including pandemic-related money printing and global supply chain issues. Potential reverse suppression of Bitcoin.
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Blockstream CEO explained Bitcoin CEO Previous peaks above $73,000 It occurs prematurely and should not be treated as the natural top of the final cycle. Instead, he sees it as a temporary cap affected by external economic headwinds. With these obstacles being alleviated and market conditions more positively aligned, Buck claims that Bitcoin's $100,000 valuation is “too cheap” compared to the top of its true cycle.
Looking forward to it, the co-founder of Blockstream believes Bitcoin could rise significantly During this current cycle, we project peaks ranging from $500,000 to $1 million. This bullish forecast is institutional adoption, increased rarity, and Changes in the global economic environment It sets the stage for BTC's most explosive rally.
Chart analysis suggests that BTC could reach $124,000 this week
Crypto analysts are also observing a strong technology pattern that suggests that Bitcoin may be preparing Another important breakout. It has its owned by Incomesharks, a well-known market analyst projection That BTC could reach $120,000 by the weekend.
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X His analysis shared on social media is supported by charts showing recovery from Recent dips and the potential continuation of the upward trend. Currently, Bitcoin is rebounding from an adjustment of less than $108,000. Currently trading for over $117,000. Incomesharks' charts highlight the already recovered “small support breaks,” bolstering bullish cases for further price movements. If momentum continues as expected, a definitive test of a resistance level of nearly $124,000 appears to be imminent.
In addition to optimism, market expert Ash Crypto has It's attracting attention That Bitcoin has been at its best in September for over a decade. Historically, September was often a bearish month. In the case of cryptocurrencies, however this year, it shows exceptional resilience. Analysts said October and November were “Giga Bullish” when BTC closed September on Green in September. If this pattern applies, he suggests it Final quarter of 2025 You can mark the beginning of a major bull run.
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