#比特币价格走势 Seeing this prediction, a familiar feeling arises in my mind. The high of $126,080, the retest at $84,000, RSI dropping below 30 into oversold territory... I’ve seen these data points before, more than once.

Since 2023, this rebound pattern after extreme overselling has occurred five times, each time unfolding into a bullish trend. The rhythm of history is always similar, but never exactly the same. Rising to $170,000 in three months sounds aggressive, but in the context of history, it’s not unfounded—it's based on the patterns observed over the past five cycles.

What’s truly interesting is the shift in logic behind it. Remember those years when Bitcoin’s price was entirely driven by retail investor sentiment and on-chain data? Now, it’s different. The flow of funds into crypto ETFs has become a significant variable, and the entry of major brokerages has rewritten the rules of the game. Bitwise’s comments hit the key point—institutionalization is reshaping the market’s pulse.

The reason for this round of correction is clear: the expected four-year cycle sell-off combined with October’s market panic. These factors caused short-term bloodshed, but they also highlight the characteristics of a bottoming process. What are we waiting for? Waiting for these negative expectations to dissipate, waiting for tokenization and institutional adoption to become new growth engines.

Cycles always repeat certain segments, but the driving forces are evolving. The next wave of growth will be deeper than the last.