W3BStation
Markets
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
09/29/2025

Bitcoin Surpasses $112,000: Is the Bull Market Still Alive?

After a turbulent week that saw over $4 billion in long positions liquidated, Bitcoin quickly recovered and broke past the $112,000 mark on Monday morning. The move has convinced many analysts that Bitcoin's bull market is far from over. According to CoinGecko data, Bitcoin hit a 24-hour high of $112,293 before pulling back slightly to around $111,800. This marks the first time BTC has reclaimed the $112,000 level since the sharp selloff on September 22. "The Bull Market Isn't Over" Latest report n

Bitcoin Surpasses $112,000: Is the Bull Market Still Alive?

After a turbulent week that saw over $4 billion in long positions liquidated, Bitcoin quickly recovered and broke past the $112,000 mark on Monday morning. The move has convinced many analysts that Bitcoin's bull market is far from over.

According to CoinGecko data, Bitcoin hit a 24-hour high of $112,293 before pulling back slightly to around $111,800. This marks the first time BTC has reclaimed the $112,000 level since the sharp selloff on September 22.

"The Bull Market Isn't Over"

The latest report from XWIN Research (Japan) argues that despite the recent volatility rattling investor confidence, on-chain data still points to a continuing uptrend cycle.

One of the key indicators highlighted is the MVRV ratio (Market Value to Realized Value) — which compares Bitcoin's market value against the average cost basis of holders. The MVRV is currently sitting at 2, meaning Bitcoin's price is roughly double the average acquisition cost, reflecting a state of "neither panic nor euphoria."

XWIN noted: "The recent corrections look more like accumulation than end-of-cycle signals. Historically, this MVRV range has typically set the stage for Bitcoin's strongest growth phases."

Additionally, the data shows that long-term holder profit-taking has slowed, meaning available supply on the market is tightening — creating conditions for fresh demand to push prices higher.

Market Sentiment Rebounds

After an extended stretch of "Fear," the Crypto Fear & Greed Index has returned to "Neutral" at a score of 50/100. This is a meaningful improvement from the prior weekend, when sentiment bottomed out following a series of back-to-back crashes.

What's Ahead

Analysts believe Bitcoin is entering a "digestion" phase following the recent bout of high volatility. If history holds, this could be laying the groundwork for a fresh breakout.

"The current cycle has not reached its final stage. What we're witnessing may simply be the market setting up for its next leg higher," XWIN Research stated.