Bitcoin continues to show impressive stability, maintaining its price above $100,000 for 122 days. This achievement may signal a new level of maturity in the cryptocurrency world.
Achievement of a New Milestone
According to prominent crypto analyst CryptoPatel, Bitcoin has now held above the $100,000 mark for an astonishing 122 consecutive days. This event indicates that this price is not merely a spike but is becoming a new market baseline.
Current Data and Market Situation
As of September 7, 2025, Bitcoin's price is $110,530, and its market capitalization has reached $2.2 trillion. BTC's dominance in the cryptocurrency market stands at 57.8%, reinforcing its status as 'digital gold.' However, September is typically a tough month for Bitcoin, and experts warn of a potential drop to $100K.
Prospects and Risks
Despite ongoing growth, there are risks of a pullback to the $100,000 level due to increasing bearish momentum. Yet, some analysts predict a potential breakout, given Bitcoin's resilience, challenging previous negative forecasts.
By maintaining a level above $100,000, Bitcoin demonstrates that cryptocurrencies are becoming increasingly robust. However, with potential risks on the horizon, traders are closely watching key support levels.
