Bitcoin at $70,000 Just a Warm-Up? The Real Target Might Be $100,000

When Bitcoin crosses the $70,000 mark again, many veteran players' first reaction isn't excitement, but a calm sip of coffee followed by one thought:
"This plot feels familiar."

And it really is familiar.

Because Bitcoin's historical price movement always carries a mysterious sense of "cyclicality."

In 2013, it broke through $1,000. In 2017, it broke through $20,000. In 2021, it broke through $60,000.

Every time it breaches a key level, the market experiences the same narrative: first skepticism, then volatility, then a sustained rally.

And the current $70,000 is precisely at such a "narrative inflection point."

Many institutions are now discussing a new target:

$100,000.

It sounds exaggerated, but when placed in historical context, it's actually not unreasonable.

The most magical thing about Bitcoin is that its supply is fixed—21 million coins.

Yet demand keeps increasing.

In the past, most Bitcoin buyers were retail investors. Now, more and more institutional buyers are entering the market.

Funds, family offices, public companies, and even some countries' sovereign wealth funds are beginning to include BTC in their asset allocations.

It's like a "game of musical chairs."

There are only 21 million chairs, but more and more people want to sit down.

The result is simple:

Prices go up.

Of course, this path won't be a straight line.

Bitcoin's biggest characteristic is—when it rises, it's like a rocket; when it falls, it's like bungee jumping.

So if pullbacks occur next, it would actually be quite normal.

But from a long-term perspective, the trend of more capital entering this market is already established.

Many veteran players often say:

Bull markets aren't created in a single day, but built through repeated volatility.

So when Bitcoin stands at $70,000, it might only have completed a warm-up move.

The real game may just be beginning. #比特币站上七万美元