This is the reason Bitcoin can still reach 150,000 dollars.

Bitcoin (BTC) has gone through many ups and downs in October, continuously fluctuating between new highs and notable lows. However, this volatility does not necessarily reflect the beginning of a bear market.

Market data shows that new interest is gradually forming, and even Bitcoin may exceed expectations regarding the “cycle” in the near future.

Roadmap to the milestone of $150,000

The path to $150,000 for Bitcoin is still entirely feasible, based on the correlation between the destroyed coin value index (VCDD) and the spent output profit ratio (SOPR), which fluctuates within defined ranges.

There are four main analysis zones, but the two focal areas are: Gamma + Epsilon—threshold for long-term holders (LTH) and Delta + Epsilon—threshold for short-term holders (STH).

Source: AlphractalCurrently, the LTH threshold is around $147,937, acting as a resistance zone where bullish momentum often faces a correction. In contrast, the STH threshold around $92,902 serves as an important support zone, with history showing that every time this area is tested, it triggers strong bullish rallies.

In this cycle, Bitcoin has been continuously fluctuating between the two price zones above. Recently, the price has been trending towards the STH support zone.

If Bitcoin reacts strongly at this support zone, the price may break through the LTH level thanks to new capital flowing into the market. On the contrary, if it breaks the STH level, the price may continue to adjust downwards before recovering.

Which trend will dominate?

Coinphoton has analyzed important signals to assess the movement trend of Bitcoin as it approaches the STH support zone.

The Binary CDD index ( shows the number of days the coin has been destroyed. ) currently indicates a slightly negative outlook as some large investors move their holdings—likely to sell.

The CDD index at 1 indicates that these investors have just transferred tokens, implying that short-term selling activity is occurring.

Source: CryptoQuantHowever, the analysis of the Net Realized Profit/Loss index shows that recent sell-offs have not yet reached the capitulation threshold. According to blockchain analytics firm Swissblock, selling pressure is showing signs of easing. They stated:

“Upcoming inflation data may create short-term volatility; however, selling pressure usually lessens after the market absorbs this information.”

Is the traditional cycle of Bitcoin about to end?

Recent data suggests that Bitcoin's traditional four-year cycle may be coming to an end. According to the Efficient Market Hypothesis, the participation of large institutions has changed Bitcoin's cyclical behavior as it gradually becomes a global asset.

The market analyst with the nickname Arc Physicist stated:

“If Bitcoin is truly evolving into a global asset, growth cycles may last longer. The fact that the higher support level ( LTH ) is still being held may be a sign that a strong bull run has not yet really begun.”

Currently, with selling pressure decreasing and no signs of capitulation appearing, a new growth phase for Bitcoin is still highly anticipated.

Mr. Teacher