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Bitcoin at $70,000 Just a Warm-up? The Real Target Might Be $100,000
When Bitcoin once again stood above $70,000, the first reaction of many veteran players was not excitement, but calmly took a sip of coffee and said:
"The plot seems quite familiar."
It is indeed familiar.
Because Bitcoin's historical price movements always carry a mysterious sense of "cycles."
In 2013, it broke through $1,000. In 2017, it broke through $20,000. In 2021, it broke through $60,000.
Every time a key level is breached, the market experiences the same narrative: first doubt, then fluctuation, finally a continuous rise.
And the current $70,000 is right at such a "plot turning point."
Many institutions have started discussing a new target:
$100,000.
It sounds exaggerated, but if placed in historical context, it's actually not far-fetched.
The most magical thing about Bitcoin is that its supply is fixed—21 million coins.
While demand keeps increasing.
In the past, most Bitcoin buyers were retail investors, but now more and more buyers are institutions.
Funds, family offices, listed companies, and even some countries' sovereign wealth funds are beginning to include BTC in their asset allocation.
It's like a "musical chairs" game.
There are only 21 million chairs, but more and more people want to sit down.
The result is naturally simple:
Price goes up.
Of course, this path won't be a straight line.
Bitcoin's biggest characteristic is—it rises like a rocket, and falls like bungee jumping.
So if there's a pullback coming, it's actually quite normal.
But from a long-term perspective, the trend of more and more capital entering this market is already established.
Many veteran players often say:
Bull markets aren't built in one day, but through successive fluctuations.
So when Bitcoin stands at $70,000, it may just be completing a warm-up move.
The real competition may just be beginning.#比特币站上七万美元