Bitcoin Breaks Through $100,000 Barrier: Signs of Sustainable Bull Run

Bitcoin’s recent surge above the crucial $100,000 mark signifies a shift from psychological resistance to genuine market confidence. Data points such as rising trading volume and positive sentiment suggest sustained growth. The current influx of capital is being measured, not impulsive, according to CryptoQuant and market analyst Axel Adler. Specifically, the 30-Day Capital Rotation % stands at 16.7%, significantly lower than the historical threshold for speculative overheating (35%). This indicates steady buying from both long-term and short-term holders, a critical factor in sustainable growth. 💰 While Bitcoin’s breakout was fueled by Ethereum’s surge past $2,400, driving altcoins higher, it’s crucial to note that this move is supported by solid technical indicators: consolidation above long-term averages, significant trading volume and positive correlation with other assets like stocks. If bulls maintain this momentum, the threshold of $100,000 could become a launchpad for sustained price discovery, moving from a psychological milestone to a key support level for broader market growth.