比特幣 (BTC) 價格預測：邁向 22 萬美元的旅程

儘管在創下超過 108,000 美元的歷史高點後大盤下跌，但比特幣 [BTC] 已經連續幾天保持在 100,000 美元以上的心理水平。

Bitcoin (CRYPTO: BTC) has remained above the psychological level of $100,000 for several days now, despite broader market declines following its all-time high of over $108,000.

比特幣（CRYPTO：BTC）已經連續幾天保持在 10 萬美元的心理水平之上，儘管在創下超過 108,000 美元的歷史高點後大盤下跌。

Over the past week, BTC has struggled to sustain its monthly profitability, posting a modest gain of 0.64%. In the last 24 hours, it recorded a 2.05% increase.

過去一周，BTC 難以維持其月度獲利能力，小漲 0.64%。過去24小時內上漲2.05%。

According to AMBCrypto, these fluctuations could be part of a broader rally, as BTC moves toward establishing new record highs.

據 AMBCrypto 稱，隨著 BTC 朝著創下新紀錄高點邁進，這些波動可能是更廣泛反彈的一部分。

Bitcoin was mirroring the historical patterns of its 2017 and 2020 bullish cycles, suggesting a potential market peak at $220,000, according to crypto analyst Ali Chart.

加密貨幣分析師 Ali Chart 表示，比特幣反映了 2017 年和 2020 年牛市週期的歷史模式，表明潛在的市場高峰為 22 萬美元。

As BTC follows this trajectory, it is expected to encounter three key resistance levels, where selling pressure may arise before resuming its upward momentum.

隨著比特幣遵循這一軌跡，預計將遇到三個關鍵阻力位，在恢復上行勢頭之前可能會出現拋售壓力。

The ongoing market decline appears to align with this broader structure, progressing toward these critical zones.

持續的市場下跌似乎與這個更廣泛的結構一致，正在向這些關鍵區域發展。

Ali Chart outlined the potential price milestones:

Ali Chart 概述了潛在的價格里程碑：

“If Bitcoin (BTC) behaves like in 2017 and 2020, there will be a brief correction after reaching $110,000, a steep correction after hitting $125,000, a big correction at $150,000, and the end of the bull market at $220,000!”

「如果比特幣（BTC）像2017年和2020年那樣，在達到110,000美元後將出現短暫回調，在觸及125,000美元後將出現大幅回調，在150,000美元時出現大幅回調，並在220,000美元時結束牛市！

AMBCrypto analysis indicates that these corrections will likely be influenced by long-term holders, who are currently contributing to BTC’s downward movement.

AMBCrypto 分析表明，這些調整可能會受到長期持有者的影響，他們目前正在導致 BTC 的下跌。

After BTC reached a new high, crossing into the $90,000 range in mid-November, market distribution patterns shifted notably, according to Glassnode.

Glassnode 表示，在 BTC 在 11 月中旬達到新高並突破 9 萬美元區間後，市場分佈模式發生了顯著變化。

During this period, long-term holders (LTHs) initiated a substantial sell-off, taking profits and driving activity. This sell-off accounted for 54% to 70% of the trading volume, equating to $73–$117 million per hour.

在此期間，長期持有者（LTH）發起大幅拋售，獲利了結並推動了活動。這次拋售佔交易量的 54% 至 70%，相當於每小時 73 至 1.17 億美元。

Specifically, a particular market segment has been at the forefront of this profit-making trend.

具體來說，某個特定的細分市場一直處於這種獲利趨勢的最前線。

Upon further analysis, activity is largely driven by BTC holders who have held their positions for 6 to 12 months. Many of this group accumulated during the last market cycle, and their activity has been responsible for the majority of profit-taking in recent weeks.

經過進一步分析，活動主要是由持有頭寸 6 至 12 個月的 BTC 持有者推動的。這一群體中的許多人在上一個市場週期中積累了資金，他們的活動導致了最近幾週的大部分獲利了結。

The Spent Output Profit Ratio (SOPR) for this 6–12 month cohort mirrors patterns observed during the 2015–2018 bull market. At that time, the SOPR remained below 2.5 throughout significant portions of the cycle.

這 6-12 個月組的支出產出利潤率 (SOPR) 反映了 2015-2018 年牛市期間觀察到的模式。當時，SOPR 在整個週期的大部分時間都保持在 2.5 以下。

If history repeats itself, BTC could soon enter an exhaustion phase where profit-taking slows and buying activity resumes. This shift would likely lead to a renewed rally in BTC prices, as seen in previous cycles.

如果歷史重演，比特幣可能很快就會進入耗盡階段，獲利回吐放緩，購買活動恢復。如同先前的周期所示，這種轉變可能會導致比特幣價格重新上漲。

Profit-taking and exhaustion patterns may persist as BTC hits new price milestones, AMBCrypto notes.

AMBCrypto 指出，隨著 BTC 達到新的價格里程碑，獲利回吐和耗盡模式可能會持續存在。

These phases are expected to trigger corrective moves before further rallies. Potential price corrections could occur at key levels, including $110,000, $125,000, and $150,000.

預計這些階段將在進一步反彈之前引發修正走勢。潛在的價格調整可能發生在關鍵水平，包括 110,000 美元、125,000 美元和 150,000 美元。