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Was Bitcoin’s $126K Peak on October 6 the Final Top of This Cycle? (Poll)

Uptober began with a bang as BTC added over $15,000 in simply days, blasted by way of its August 2025 all-time high, and charted a brand new one at simply over $126,000.

However, it has been largely downhill since then, particularly in the previous 8 days. In truth, BTC lost over $23,000 in the span of per week earlier than it recovered barely to $107,000 as of press time. Still, it’s down by almost $20,000 since its October 6 peak. The query, which has garnered some consideration in the cryptocurrency group now, is whether or not the prime for this bull cycle is in.

PlanB raised it in a current ballot, and the outcomes confirmed that 68% of the 36,089 voters consider this isn’t the case and BTC has extra room to develop throughout this cycle.

However, a earlier ballot by the in style Bitcoin commentator and the particular person behind the BTC Stock-to-Flow mannequin indicated that 62.9% of 30,833 voters consider the cryptocurrency will finally drop under the coveted $100,000 mark. As such, he requested what individuals’s reasoning is behind a big drop or a bear market from right here.

While some relied on historic performances to try to determine how lengthy after a halving BTC peaks, others introduced up liquidity structure. Adlegoff84 stated BTC’s worth “now not displays natural demand; it displays the timing of institutional liquidity operations.”

“ETFs and custodial merchandise rebalance by way of managed provide absorption. Derivatives amplify that by way of perpetual funding and delta-neutral hedging. Central-bank liquidity coverage units the tempo. I consider what individuals name “bear market danger” is commonly liquidity rotation: revenue extraction earlier than capital redeployment. Charts seize motion. Liquidity reveals motive,” they added, to which PlanB “agreed 100%.”

The submit Was Bitcoin’s $126K Peak on October 6 the Final Top of This Cycle? (Poll) appeared first on CryptoPotato.

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