Bitcoin's Bull Cycle Isn't Over Yet, According to Analysis Firm CryptoQuant's Weekly Report! Here's the Support Level

According to the CryptoQuant weekly report, the Bitcoin (BTC) bull market cycle is not over yet, with short-term support level located around $100,000. CryptoQuant: Bitcoin Bull Cycle Not Over Yet, Short-Term Support at $100,000 According to on-chain data, the total balance of whale addresses holding between 100 and 1,000 BTC has reached approximately 5.16 million ￰0￱ amount equates to 26% of Bitcoin's circulating supply and suggests that whales have become the most influential group of investors in the ￰1￱ 2025, these whale addresses reportedly added a total of approximately 681,000 BTC, while small investor addresses reportedly exhibited a net selling ￰2￱ suggests institutional investors are absorbing individual ￰3￱ annual BTC accumulation rate of whale wallets is 907,000, above the 365-day average of 730,000 BTC, indicating that long-term demand remains strong.

However, the report notes that short-term buying momentum is ￰4￱ also suggests that if the monthly accumulation rate fails to regain momentum, Bitcoin's price may struggle to break above $126,000. Currently, resistance is at $115,000, while support is at $100,000. Analysts predict that if the price breaks below $100,000, a pullback to $75,000 is ￰5￱ states that current data indicates that the Bitcoin market is still in the late stages of its bull cycle. *This is not investment ￰6￱ Reading: Bitcoin's Bull Cycle Isn't Over Yet, According to Analysis Firm CryptoQuant's Weekly Report! Here's the Support Level