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    Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

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      Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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    • 2 minutes read

    Bloomberg: Bitcoin’s $100K Moment Could Trigger the Next Big Crash

    • currency-symbol BTC $ 102,462.74 (1.84%) top gainer
    Story Highlights
    • Bitcoin clings to $100K while volatility falls into an eerie lull, hinting at rising pressure and a pivotal move that could reshape the market’s next chapter.

    • McGlone warns Bitcoin sits in a do-or-die zone as complacency builds and volatility fades, setting the stage for either a sharp correction or a breakout.

    The crypto market remains under pressure as Bitcoin price struggles to hold the $100,000 level, turning what should be a milestone into a stress point. Market sentiment is bearish, with total crypto capitalization down to around $3.34 trillion and major indicators showing fading momentum. Bitcoin is hovering near $102,405 after slipping below key support and moving averages, while Ethereum, Solana, and XRP also continue to decline.

    According to Bloomberg’s senior macro strategist Mike McGlone, this level is turning into a pressure point rather than a celebration. In his latest analysis, McGlone says the current market looks too calm, almost unnaturally quiet, and history shows that silence like this often comes before volatility. Bitcoin, usually known for big swings, is moving very little, and McGlone believes this is a sign of stress building beneath the surface rather than strength.

    A Market Growing Too Comfortable

    McGlone points to what he calls “extreme complacency.” Stocks are stable, volatility indexes are near record lows, and Bitcoin is barely moving even though it sits near a major milestone level. His research compares Bitcoin’s 50-week moving trend against volatility indicators like the Cboe Volatility Index and the S&P 500’s realized volatility. These indicators show that both traditional markets and crypto are in an unusually calm state. 

    McGlone believes that such calm rarely lasts. The VIX, often referred to as Wall Street’s fear index, has a long-term average of around 19, and McGlone expects stocks to eventually move back toward this level. That shift could trigger turbulence in both markets at the same time.

    The “Do or Die” Zone for Bitcoin

    Bitcoin has been stuck under $110,000 and repeatedly returns to $100,000 without a clear direction. McGlone says Bitcoin is now at what he calls a do-or-die price zone. This means one of two things will happen. If Bitcoin holds steady and pushes higher, it could continue its upward cycle. If it fails, the price could drift back toward long-term averages around $56,000. 

    Historically, Bitcoin has reached moments like this midway through bull cycles. The hype fades, excitement cools down, and price behavior returns to what analysts call “mean reversion,” which is just a reset back to normal trendlines.

    Crypto Still Follows Wall Street

    Another important detail is the current relationship between Bitcoin and the S&P 500. The connection between the two remains strong, sitting above 0.53. That means Bitcoin is still moving like a tech asset rather than acting like a store of value or digital gold. If the stock market becomes volatile, Bitcoin will likely react to the same pressures. That relationship challenges the idea that Bitcoin has broken away from traditional finance.

    What Comes Next

    Bitcoin holding the $100,000 level is not proof of strength anymore. For McGlone, it has become a moment of truth. Either Bitcoin confirms its position as a maturing global asset, or it reveals that the market has run ahead of itself. The next move will show whether $100,000 is the start of something bigger or a turning point toward a deeper correction.

    Never Miss a Beat in the Crypto World!

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    FAQs

    How much will 1 Bitcoin cost in 2025?

    As per Coinpedia’s BTC price prediction, the Bitcoin price could peak at $168k this year if the bullish sentiment sustains.

    How much will 1 Bitcoin be worth in 2030?

    With increased adoption, the price of Bitcoin could reach a height of $901,383.47 in 2030.

    How much will the price of Bitcoin be in 2040?

    As per our latest BTC price analysis, Bitcoin could reach a maximum price of $13,532,059.98

    How high will Bitcoin go in 2050?

    By 2050, a single BTC price could go as high as $377,949,106.84

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