Bitcoin’s Price Plateau Sparks Debate Over True Cycle High

Despite a recent dip below $107,000, Bitcoin has entered a 120-day sideways range between support and resistance. This range-bound action is fueling debate over whether the crypto market has truly reached its peak. Crypto analyst Mr. Wall Street argues that this stagnation contradicts the commonly held belief of $125,000 being the top. He points out Bitcoin’s consistent refusal to break below $107,000-$110,000 as evidence of large institutional buyers absorbing discounted coins from retail traders. This behavior, he argues, suggests an accumulation phase before a potential new upswing, not a definitive market top.