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

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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 )!

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