Bitcoin ‘supercycle’ or bear-market rally? BTC breaking $81K has traders at odds

Bitcoin ‘supercycle’ or bear-market rally? BTC breaking $81K has traders at odds


Bitcoin (BTC) climbed 3.5% this week to hit $81,325 on Tuesday, its highest level since January. But is Bitcoin’s multi-month highs just a bear-market rally, or has it already bottomed to resume the so-called “supercycle,” as some traders suggest?

Key takeaways:

Bitcoin may rally to $180,000–$200,000 as institutional accumulation offsets bear-market pressureSelling pressure remains firm near the $80,000–$82,000 area.

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BTC/USD daily price chart. Source: TradingView

Bitcoin “supercycle” thesis targets $250,000 next

Bitcoin’s rebound now stands at 35.70% from its February low of $59,930. Still, BTC remains roughly 36% below its October 2025 record high near $126,200. This has sparked debate among traders, with some analysts predicting a return to new all-time highs this year.

Bitcoin is not in a typical boom-bust cycle but transitioning into its first “supercycle,” according to analyst PlanC.

In a Tuesday post, he projected a move to above $250,000 by 2027–2028 from the $16,000 bear-market low in November 2022.

His framework splits the

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