Bitcoin (BTC) scored a new all-time high of $126,100 on Monday. However, profit-taking overpowered the market, and the crypto asset retreated by 4%. by Friday. Then came the Trump-induced fear, and BTC plunged to $101,000 on some exchanges before it recovered to $112,000 as of press time.
Despite this, new data suggest that the real bull market phase could still be ahead.
Bitcoin’s “Warm Zone” Momentum
Binance market data indicates that Bitcoin has entered an important phase in its post-halving cycle, and is showing signs of measured strength rather than a speculative bubble. As of this week, over 530 days since the April 20, 2024, halving, Bitcoin is trading near $112,000, which is an 85% increase from its halving-day price of roughly $63,800.
The data positions the market at 35% through its typical four-year cycle, a midpoint historically characterized by steady but controlled upward momentum.
CryptoQuant noted that the cryptocurrency remains comfortably short of overheating le
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