Introduction
Bitcoin’s rise past $100,000 has made experts think about whether the market is ending its growth or if it can keep going up. While BTC’s price increase is big, there are signs that the market might be slowing down soon. Regular investors and big companies still play a key role in Bitcoin’s success. But as prices become more unpredictable, traders need to decide if Bitcoin can keep growing or if a change is coming.
Bitcoin Market Cycles and the Dow Theory
Bitcoin’s price changes often follow patterns explained by Dow Theory. This theory says that markets go through two main stages: accumulation and distribution.
- In 2022, BTC went through a distribution phase, where prices dropped after a big rise.
- By early 2023, it entered an accumulation phase, where investors bought BTC at lower prices.
- This buying continued into 2024 before BTC seemed to start another distribution phase in 2025.
Market cycles can change because of shifts in trading volume and price patterns. If BTC is now entering the distribution phase, it could mean that the current rise is reaching its peak and a slowdown might follow.
Retail and Institutional Investors Fuel Demand
Regular investors have helped Bitcoin’s recent price changes, even after it reached six figures. Their ongoing interest has kept the rally going. Big companies have also helped BTC grow. For example, MicroStrategy keeps buying more BTC. In early 2025, they bought 10,107 BTC, bringing their total to 471,107 BTC. When big companies buy large amounts of BTC, it shows they believe in its long-term value. As long as these companies stay interested, BTC could keep rising even with signs of slowing down.
Bitcoin Price Structure and Growth Potential
Even with worries about slowing down, Bitcoin’s current price setup shows that the market isn’t too risky right now. An expert named Ki Young Ju says BTC’s Funding Rate is still low, like levels seen in mid-2024. This means the market isn’t too risky right now. Experts also talk about BTC’s “fair price,” which is currently $87,990. As long as BTC stays above this price, the bull market remains strong. Stable economic conditions could help support further price increases before BTC faces a correction. However, traders should be ready for more ups and downs as the market changes.
Conclusion
Bitcoin’s rise above $100,000 is an important moment in the market. But signs of slowing down suggest that a change might be coming. While both regular investors and big companies are still interested in BTC, past patterns show that the market could cool down soon. As long as BTC’s price stays above key levels, its growth may continue. However, traders should stay careful and watch for signs of more unpredictability in the market.
