The so-called “Bitcoin will never fall below $100,000” does not mean “forever” in an absolute sense, but refers to the future market maintaining above this price point during most cycles. In other words, $100,000 may become the bottom support of the next long-term bull market, rather than a reference line for short-term fluctuations.
This situation has occurred multiple times in Bitcoin’s history: around 2017, $10,000 was a peak and later became a solid support range. Psychological barriers and market consensus together shape the price structure.
In mid-October, Bitcoin briefly dropped to around $104,000 under the influence of global macro policies, but quickly rebounded to $114,000. The net inflow of ETF funds continues to grow, with some institutions predicting that Bitcoin’s target price range for the year will be between $130,000 and $150,000. Overall market confidence is recovering, and investors generally believe that $100,000 has become the dividing line between bulls and bears.
Supply Tightening: After the halving, the speed of new issuance decreases, and the circulating supply tightens. The number of long-term holders increases, reducing the effective supply in the market. This scarcity continuously raises the price floor.
Capital inflow: Bitcoin ETF, hedge funds, and corporate holdings have brought stable capital flow. Institutional funds tend to focus on long-term positioning rather than short-term speculation, providing continuous buying pressure to the market.
The increased concentration of large holding accounts also means that the price is more controlled by more “strong players,” with limited selling pressure below.
Consensus support: Market confidence and investor expectations together form the price foundation. When mainstream voices agree that $100,000 is the “new bottom,” this psychological barrier will be reinforced in actual trading. Buy orders and stop-loss orders concentrate in this range, making it a strong support.
Opponents argue that:
Therefore, “will not drop below” is merely a probabilistic assumption, not a guarantee.