比特幣（BTC）的價格已停止低於$ 105,000，但流行的模型指出，到今年10月，漲幅指向275,000美元至300,00美元之間。

發稿時，比特幣（BTC）的交易價格為103400美元，低於本月高點105900美元。比特幣螺旋時鐘是一個流行的模型，它圍繞比特幣價格循環減半。

Bitcoin (BTC) price stalled below $105,000 on Monday, but a popular model predicts that it will surge to between $275,000 and $300,000 by October.

比特幣（BTC）的價格在周一下跌低於105,000美元，但一個受歡迎的模型預測，到10月，它將上漲至275,000美元至300,000美元。

Bitcoin was trading at $103,400 at press time, a few points below this month’s high of $105,900.

發稿時，比特幣的交易價格為103,400美元，低於本月高點105,900美元。

The Bitcoin Spiral Clock is a model that looks at Bitcoin price cycles around halving events. Halving is a process where Bitcoin’s rewards are slashed by half in a bid to control the supply of new coins entering circulation. It happens after every 210,000 blocks are mined, which happens after four years.

比特幣螺旋時鐘是一個型號，圍繞比特幣價格循環減半。減半是一個過程，將比特幣的獎勵削減了一半，以控制進入流通的新硬幣的供應。每次開採210,000個街區，發生在四年後發生。

The spiral clock shows the historical price peaks and crashes. As shown below, Bitcoin stands at block 896,988, meaning that it is about 3:15 on the clock. The clock then predicts that Bitcoin will peak between $270,000 and $300,000 by October this year. The higher side of the prediction implies a 191% surge from the current level.

螺旋時鐘顯示了歷史價格的峰值和崩潰。如下所示，比特幣位於896,988塊，這意味著時鐘約為3:15。時鐘隨後預測，到今年10月，比特幣將在270,000美元至300,000美元之間達到頂峰。預測的較高側意味著從當前水平出現了191％的浪潮。

Have you studied this chart intensely? do you understand it? pic.twitter.com/mkryGtjbDI

您是否深入研究了這張圖表？你了解嗎？ pic.twitter.com/mkrygtjbdi

Bitcoin has some bullish catalysts in the coming months. First, Moody’s became the third major ratings agency to slash US credit rating, citing its soaring debt and fiscal mismanagement.

在未來幾個月中，比特幣有一些看漲的催化劑。首先，穆迪（Moody's）成為第三個削減美國信用評級的主要評級機構，理由是其高漲的債務和財政管理不善。

A credit rating is seen as bullish for Bitcoin because it has emerged as a safe-haven asset. For example, Bitcoin outperformed stocks and other assets after Donald Trump launched his tariffs in April. Also, unlike the US dollar, Bitcoin has a fixed supply, making it less inflationary.

信用等級被視為比特幣的看漲，因為它已成為避風港資產。例如，在唐納德·特朗普（Donald Trump）在4月提起關稅之後，比特幣優於股票和其他資產。另外，與美元不同，比特幣具有固定的供應，使其通貨膨脹率降低。

Second, Bitcoin demand continues to rise, with spot BTC ETFs nearing the $42 billion inflow milestone. The iShares Bitcoin ETF has accumulated over $65 billion in assets and is nearing the SPDR Gold Trust, which has over $90 billion.

其次，比特幣需求繼續增加，現貨BTC ETF接近420億美元的流入里程碑。 iShares比特幣ETF已積累了超過650億美元的資產，並且接近SPDR Gold Trust，該信託擁有超過900億美元。

Bitcoin demand also comes from institutions, with Michael Saylor’s Strategy having 568,840 coins in its balance sheet. Other firms like Next Technology, Bitfarms, and Semler Scientific have also boosted their holdings.

比特幣需求也來自機構，邁克爾·塞勒（Michael Saylor）的策略在其資產負債表中有568,840個硬幣。其他公司，例如下一個技術，Bitfarms和Semler Scientific也提高了其持股量。

Conversely, the supply of Bitcoin in exchanges and over-the-counter markets has continued to fall.

相反，交易所和非處方市場中比特幣的供應繼續下降。

Therefore, the confluence of falling supply and rising demand means that Bitcoin will likely keep rising.

因此，供應下降和需求增加的匯合意味著比特幣可能會繼續上升。

Top analysts are also highly bullish on Bitcoin, with BlackRock aiming for $700,000 and Standard Chartered predicting that it will hit $200,000 by the end of the year.

頂級分析師對比特幣也很有看漲，貝萊德的目標是70萬美元，標準憲章預測，到今年年底，它將達到200,000美元。

Bitcoin price technical analysis

比特幣價格技術分析

The weekly chart shows that Bitcoin’s price has been in a strong uptrend in the past few months and is now nearing the key resistance level at $109,230, its all-time high.

每週圖表顯示，在過去的幾個月中，比特幣的價格在上升趨勢很大，現在接近關鍵阻力水平為109,230美元，這是歷史最高的。

Since October 2023, the 50-week Exponential Moving Average has supported Bitcoin, which has also formed an ascending channel.

自2023年10月以來，這項為期50週的指數移動平均線支持比特幣，該比特幣也形成了升高渠道。

Therefore, more gains will be confirmed if it moves above $109,230, as doing that will invalidate the double-top pattern whose neckline is at the 50-week moving average at $81,210. Such a move will point to more gains, potentially to the upper side of the channel at $134,556.

因此，如果它的移動超過109,230美元，將確認更多的收益，因為這樣做將使雙頂模式無效，其領口處於50週的移動平均值為81,210美元。這樣的舉動將指向更多的收益，有可能以134,556美元的價格到達通道的上側。