Bitcoin News

Story: Bitcoin on Track for $131K by October as 4-Year Cycle Repeats

By Maheen Hernandez

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Bitcoin is once again drawing major attention from analysts and investors as it holds strong above the $90,000 level, showing signs of a sustained bull run.

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One of the strongest signals backing this outlook is Bitcoin’s position above its Short-Term Holder (STH) Cost Basis, currently at $93,145.

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The wider range within this cycle includes a lower support zone near $71,150 and an upper resistance area at $131,800.

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In addition to price patterns, on-chain data supports a bullish thesis. Over the past 48 hours alone, nearly 20,000 BTC—worth approximately $1.

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Adding more weight to the bullish case is a recurring fractal pattern that Bitcoin has historically followed.

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In previous cycles, Bitcoin's rallies during this phase ended with significant gains, followed by a cooling-off period or decline.

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Technical indicators on longer timeframes further strengthen the bullish narrative. On the monthly chart, Bitcoin has bounced off a long-standing ascending trendline that dates…

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Although markets are never guaranteed to follow historical patterns precisely, the alignment of technical levels, accumulation data, and fractal cycles offers a compelling case…

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The coming weeks will be critical, with both retail and institutional investors watching closely to see whether Bitcoin’s bullish trend holds.

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