比特币（BTC）的价格已停止低于$ 105,000，但流行的模型指出，到今年10月，涨幅指向275,000美元至300,00美元之间。

发稿时，比特币（BTC）的交易价格为103400美元，低于本月高点105900美元。比特币螺旋时钟是一个流行的模型，它围绕比特币价格循环减半。

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.

比特币（BTC）的价格在周一下跌低于105,000美元，但一个受欢迎的模型预测，到10月，它将上涨至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.

发稿时，比特币的交易价格为103,400美元，低于本月高点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.

比特币螺旋时钟是一个型号，围绕比特币价格循环减半。减半是一个过程，将比特币的奖励削减了一半，以控制进入流通的新硬币的供应。每次开采210,000个街区，发生在四年后发生。

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.

螺旋时钟显示了历史价格的峰值和崩溃。如下所示，比特币位于896,988块，这意味着时钟约为3:15。时钟随后预测，到今年10月，比特币将在270,000美元至300,000美元之间达到顶峰。预测的较高侧意味着从当前水平出现了191％的浪潮。

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

您是否深入研究了这张图表？你了解吗？ 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.

在未来几个月中，比特币有一些看涨的催化剂。首先，穆迪（Moody's）成为第三个削减美国信用评级的主要评级机构，理由是其高涨的债务和财政管理不善。

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.

信用等级被视为比特币的看涨，因为它已成为避风港资产。例如，在唐纳德·特朗普（Donald Trump）在4月提起关税之后，比特币优于股票和其他资产。另外，与美元不同，比特币具有固定的供应，使其通货膨胀率降低。

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，比特币需求继续增加，现货BTC ETF接近420亿美元的流入里程碑。 iShares比特币ETF已积累了超过650亿美元的资产，并且接近SPDR Gold Trust，该信托拥有超过900亿美元。

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.

比特币需求也来自机构，迈克尔·塞勒（Michael Saylor）的策略在其资产负债表中有568,840个硬币。其他公司，例如下一个技术，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，交易所和非处方市场中比特币的供应继续下降。

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

因此，供应下降和需求增加的汇合意味着比特币可能会继续上升。

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.

顶级分析师对比特币也很有看涨，贝莱德的目标是70万美元，标准宪章预测，到今年年底，它将达到200,000美元。

Bitcoin price technical analysis

比特币价格技术分析

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.

每周图表显示，在过去的几个月中，比特币的价格在上升趋势很大，现在接近关键阻力水平为109,230美元，这是历史最高的。

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

自2023年10月以来，这项为期50周的指数移动平均线支持比特币，该比特币也形成了升高渠道。

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，如果它的移动超过109,230美元，将确认更多的收益，因为这样做将使双顶模式无效，其领口处于50周的移动平均值为81,210美元。这样的举动将指向更多的收益，有可能以134,556美元的价格到达通道的上侧。