Cryptocurrency News Today: Market Updates & Analysis podcast.
Hey everyone, it's Crypto Willy here, and wow, what a week we've had in the crypto markets. Let me break down what's been going down for you.
So Bitcoin has been on quite the rollercoaster. The big story is that we've hit a critical moment at the $100,000 level. Earlier this week, Bitcoin actually dipped below $100,000 for the first time since June, which sent some serious shockwaves through the market. Right now, we're hovering around $101,000 to $103,000, but here's the thing – we're still sitting about 18 to 20 percent below that record high of $126,273 we hit back on October 6th.
Here's where it gets interesting from a technical perspective. That $100,000 mark isn't just some random number. It's where Bitcoin's 50-week moving average is sitting, and historically, when Bitcoin closes below that level, we're looking at potential bear market territory. We've tested that line several times this week, which is definitely making traders nervous.
Now, the elephant in the room is something analysts are calling the four-year cycle. So basically, Bitcoin tends to move through these four-year cycles since it launched back in 2009. If you do the math, previous cycles took about 1,065 days from bottom to peak. We're already at 1,080 days since Bitcoin bottomed out at $15,591 back in November 2022. That means we might have already hit our peak, or we're right at that window. Some analysts were predicting a peak somewhere around October or November – and guess what, that's exactly when we hit $126,000.
But here's the bullish take to consider. According to Galaxy Digital's head of research Alex Thorn, Bitcoin's structural investment case remains strong, even though he did revise his year-end target down from $185,000 to $120,000. And get this – Standard Chartered analyst Geoffrey Kendrick is saying that Bitcoin's recent dip under $100,000 might be the last one ever. Pretty bold claim, right?
What's really telling is the institutional money flow. According to the Alternative Investment Management Association, 55 percent of traditional hedge funds now have exposure to digital assets in 2025, up from 47 percent in 2024. Plus, 47 percent of institutional investors said the improving U.S. regulatory environment is encouraging them to increase their crypto allocations. That's serious institutional confidence right there.
The big question everyone's asking is: are we heading down to $75,000 or up to $125,000? Honestly, following the money – the institutional players – suggests we're more likely headed toward $125,000 rather than seeing a crash to $75,000. But if we do dip lower, don't be shocked if those hedge funds are quietly loading up.
The tech selloff has definitely impacted crypto this week, and investor sentiment is understandably shaky. But the structural fundamentals are still there, my friends.
Thanks so much for tuning in with me today! Come back next week for more crypto insights and market analysis. This has been Crypto Willy, and remember, this is a Quiet Please production. Head over to Quiet Please dot A I for more content. Stay safe out there, and happy trading!
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