Uptober started with a bang as BTC added over $15,000 in just days, blasted through its August 2025 all-time high, and charted a new one at just over $126,000.<\/p>\n
However, it has been mostly downhill since then, especially in the past 8 days. In fact, BTC lost<\/a> over $23,000 in the span of a week before it recovered slightly to $107,000 as of press time. Still, it\u2019s down by nearly $20,000 since its October 6 peak. The question, which has garnered some attention in the cryptocurrency community now, is whether the top for this bull cycle is in.<\/p>\n PlanB raised it in a recent poll, and the results showed that 68% of the 36,089 voters believe this is not the case and BTC has more room to grow during this cycle.<\/p>\n 32% thinks $126k was the top But why? Can you please explain to me your reasoning behind a big drop and\/or a bear market from here (ideally with data and charts)? pic.twitter.com\/rzCZanpTtg<\/a><\/p>\n \u2014 PlanB (@100trillionUSD) October 18, 2025<\/a><\/p>\n\n However, a previous poll by the popular Bitcoin commentator and the person behind the BTC Stock-to-Flow model indicated that 62.9% of 30,833 voters believe the cryptocurrency will eventually drop below the coveted $100,000 mark. As such, he asked what people\u2019s reasoning is behind a significant drop or a bear market from here.<\/p>\n While some relied on historical performances to try to determine<\/a> how long after a halving BTC peaks, others brought up liquidity architecture. Adlegoff84 said BTC\u2019s price \u201cno longer reflects organic demand; it reflects the timing of institutional liquidity operations.\u201d<\/p>\n \u201cETFs and custodial products rebalance through controlled supply absorption. Derivatives amplify that through perpetual funding and delta-neutral hedging. Central-bank liquidity policy sets the tempo. I believe what people call \u201cbear market risk\u201d is often liquidity rotation: profit extraction before capital redeployment. Charts capture movement. Liquidity reveals motive,\u201d they added, to which PlanB \u201cagreed 100%.\u201d<\/p>\n I agree 100%: it is all about rebalancing and rotations (and mandates), and would indeed that is very bullish. I would love to see these rotations\/rebalancing in a chart (but of course that is very difficult because we do not have the data).<\/p>\n \u2014 PlanB (@100trillionUSD) October 18, 2025<\/a><\/p>\n\n The post Was Bitcoin\u2019s $126K Peak on October 6 the Final Top of This Cycle? (Poll)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Uptober started with a bang as BTC added over $15,000 in just days, blasted through its August 2025 all-time high, and charted a new one at just over $126,000. However, it has been mostly downhill since then, especially in the past 8 days. In fact, BTC lost over $23,000 in the span of a week […]<\/p>\n","protected":false},"author":0,"featured_media":105786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-105785","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/105785"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=105785"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/105785\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/105786"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=105785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=105785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=105785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n63% thinks bitcoin will drop below $100,000
\n68% thinks 2026 will be a bear market<\/p>\n