BTC/USD: Bitcoin Post-Halving Cycle Targets $100K

Every Bitcoin halving cycle has produced new all-time highs within 12-18 months. We're in that window now.

On-Chain Data

- Exchange balances at 5-year lows (supply squeeze)
- Long-term holders accumulating aggressively
- Hash rate at all-time highs (miner confidence)
- ETF inflows averaging $200M+/day

Technical Levels

- Support: $60,000 (ETF cost basis)
- Resistance: $73,800 (current ATH)
- Target: $100,000 (psychological + measured move)

Strategy

DCA approach — buy dips to $60-65K range. Don't chase pumps. The halving cycle suggests we have 6-12 months of potential upside.

Risks

- Regulatory crackdown
- Mt. Gox distributions
- Macro recession scenario