Bitcoin: 3 factors indicate a bull run towards $130,000

TheBitTimesCom
BTC-2,53%
HYPER-4,48%

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

The lion's price is a soft spot. The arc of the quiche, the ultricies of the cake, the control of hatred.

Reason to trust

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

The lion's price is a soft spot. The arc of the quiche, the ultricies of the cake, the control of hatred.

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing The highest standards in reporting and publishing

How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

The lion's price is a soft spot. The arc of the quiche, the ultricies of the cake, the control of hatred.

How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

How Our News is Made
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

The lion's price is a soft spot. The arc of the quiche, the ultricies of the cake, the control of hatred.

Ad discliamer
Ad discliamer

The lion's price is a soft spot. The arc of the quiche, the ultricies of the cake, the control of hatred.

The lion's price is a soft spot. The arc of the quiche, the ultricies of the cake, the control of hatred.

Despite the volatility of October, three converging drivers. Pro-Bitcoin regulatory momentum, ETF inflows beyond new supply, and the scarcity of available supply create a context where an extension towards $130,000 becomes credible in the short to medium term.

Join the presale of $HYPER !## Public policies: from the strategic reserve to 401(k)

In March, the White House established a Strategic Reserve of Bitcoin. The BTC confiscated during federal proceedings must, once definitively acquired by the state, be held as reserves rather than sold at auction. Specifically, this removes potential selling pressure and establishes an unprecedented public demand floor for the asset.

This removes potential selling pressure and establishes an unprecedented public demand floor for the asset. This policy comes at a time when U.S. justice is targeting an international network linked to Prince Holding Group. The case involves more than 14 billion dollars in BTC seized in what would be the largest crypto confiscation. If these assets ultimately end up, after restitution to victims and judicial decisions, in the strategic reserve, the effect of supply drying up would be tangible.

The case involves over 14 billion dollars in BTC

On October 14, a bill in the House (Retirement Investment Choice Act) was introduced to sustain the August executive order that facilitates access for 401(k) plans to cryptos. American 401(ks total about $9.3 trillion. A marginal but regular allocation can sustainably support demand, beyond ETFs.

The 401)k( Americans total approximately $9.3 trillion## Flow and supply: ETFs that absorb liquidity, a new supply divided

On the market side, spot Bitcoin ETFs continue to attract capital, even after the shocks of October. BlackRock IBIT has recorded a series of net inflow days, while the aggregate of U.S. ETFs has recently seen positive weeks. These flows create a structural buyer that corrections do not erase.

These flows create a structural buyer that corrections do not erase. In the face of these systematic purchases, new supply has remained compressed since the April halving. Daily issuance has dropped to around 450 BTC. In other words, if net inflows from ETFs exceed the equivalent of this creation, the spot market mechanically tightens.

The daily issuance has dropped to around 450 BTC

Finally, the availability on the exchange continues to decline. Trading balances hit a six-year low in early October. This indicates that an increasing portion of the supply is sitting in custody outside of platforms. This structural scarcity amplifies every wave of demand, every crypto ICO, and explains why pullbacks can be violent, but are often bought back.

Bitcoin Hyper, L2 bet anchored to the BTC narrative

On the periphery of King Bitcoin, investors seeking enhanced beta are turning to projects backed by the BTC narrative. This is the case with Bitcoin Hyper )$HYPER(. It is a project presented as a future Layer 2 aiming for faster and programmable transactions while anchoring itself to the security of Bitcoin. One of the best altcoins of the moment. This promise fits into the strong trend of Bitcoin L2s looking to capture frequent payments, micro-transactions, and lightweight smart contracts.

**Bitcoin Hyper )$HYPER(**Layer 2 aimed at faster and programmable transactions![Buy ) in presale]$HYPER https://img-cdn.gateio.im/webp-social/moments-7d38da5266346e716fcfcd27567064dc.webp(

![Buy ) in presale]$HYPER https://cdn.thebittimes.com/images/2025/10/20/1c07d15388681e780651a696ccfba92e.webp(

The HYPER presale has already raised over 22 million dollars with a tiered mechanism. If the Bitcoin bull run solidifies, the halo effect on an asset correlated to the Bitcoin brand can serve as leverage for a satellite portfolio, with, of course, a higher risk than the main asset.

Bitcoin can serve as leverage for a satellite portfolioOne must keep a cool head. A L2 is only worth its execution, ability to attract developers, wallet compatibility, low costs, and bridge security. But the timing )pre-sale well funded as flows back to Bitcoin resume( places HYPER in a narrative sweet spot that the market favors at the beginning of a cycle.

A L2 is only worth by its execution, ability to attract developers, wallet compatibilityJoin the presale of )!

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Strategy Bitcoin holdings have a floating loss of 8.8%, approximately $5.08 billion

On March 22nd, Bitcoin's price declined 2.36% to $69,023, with Strategy's Bitcoin position experiencing an unrealized loss of 8.8%, approximately $5.08 billion. Previously, the price had briefly surpassed $76,000, during which the position was temporarily profitable. As of March 15th, Strategy held 761,068 BTC with a total cost basis of approximately $57.61 billion.

GateNews30m ago

Fractal model predicts Bitcoin will hit bottom in October 2026

Bitcoin shows positive recovery signals, improving market sentiment after a long phase of volatility. However, experts believe the current uptrend is short-term, with deeper correction risks ahead. According to Crypto Rover's fractal model, Bitcoin's price follows a four-year cycle influenced by halving events. The current cycle likely peaked in late 2025, with further declines expected before a potential bottom around 2026. Short-term price fluctuations can mislead investors, emphasizing the importance of understanding these cycles for long-term trends.

TapChiBitcoin31m ago

Bitcoin Mining Cost Rises to $88,000, Miners Lose Approximately $19,000 Per Coin

Rising energy prices and tensions in the Middle East have increased Bitcoin mining costs, with current production costs around $88,000 per BTC. Miners are losing nearly $19,000 per coin, representing an overall loss of 21%. Network mining difficulty has decreased by 7.8%, hashrate has declined, and the market may face selling pressure.

GateNews1h ago

Trump Issues 48-Hour Ultimatum to Iran, Bitcoin Drops Below 69,200 on Weekend

On March 22, following Trump's ultimatum to Iran, Bitcoin fell below $69,200, declining 2.2% over 24 hours. Market sentiment impacted mainstream crypto assets broadly, with declines across the board despite the Federal Reserve maintaining interest rates unchanged. War risk has made traders cautious. If Iran fails to restore Strait of Hormuz passage, the conflict could escalate, impacting global energy transportation.

GateNews1h ago

Kentucky Push to Regulate Bitcoin ATMs Snags Hardware Wallet Providers in Legal Crosshairs

An amendment to Kentucky’s House Bill 380 has sparked controversy for proposing to impose strict requirements on hardware wallet providers. Spotlight Shifts to Hardware Providers A last-minute amendment to a Kentucky regulatory bill has ignited a fierce debate between state lawmakers and the

Coinpedia1h ago
Comment
0/400
No comments