Bitcoin just broke another record by staying above $100,000 for 30 days in a row, the first time that’s ever happened since the cryptocurrency was created.
This streak started after its last dip below six figures on May 8, and not once since then has it closed under that level. The price pulled back from its May 22 all-time high of $112,000, dropping to $100,428 by Friday, but heavy weekend buying pushed it back to $105,000.
By Monday, it had surged again to $110,000, with traders responding to renewed optimism around US-China trade discussions.
The fact that it hasn’t broken below $100K for a full month has crypto traders calling it a key milestone—even if some still see it more as a psychological checkpoint than a technical win. Still, it’s a major line that held strong, and analysts are watching closely to see what’s next.
Read Harvey, a technical analyst at Wolfe Research, told CNBC the move above $100K wasn’t just about hype. “What really stood out to us was price’s ability to hold that level on the back test, when it briefly fell to $100,000 on Thursday. It also happened to align perfectly with the 50-day moving average,” Read said.
He added that he sees the current setup as a launchpad toward the previous high of $112,000. Read also expects Bitcoin to spend a bit more time consolidating around its current level before any breakout to new highs, saying a temporary pause is normal after such a run.
While short-term traders are focused on charts and averages, others are looking at the bigger picture. Ben Kurland, CEO of crypto analytics platform DYOR, said this $100,000 level is no longer just about market emotion. “$100,000 isn’t just speculative froth now,” Ben said. “It’s a new floor being tested and held by institutional flows, ETF inflows, and a maturing investor base.” He added that the pattern of short-lived pumps followed by sharp retracements is starting to fade.
Ben believes this consolidation is healthy and sets up Bitcoin for the next move. “If $100,000 is the new base,” he said, “then $120,000-$130,000 becomes the next logical zone—especially as macro conditions stabilize and sidelined capital seeks asymmetric upside.”
While institutions and funds continue to buy, some older holders are starting to cash in. Tyrone Ross, founder and president of advisory firm 401 Financial, said the 30-day stretch above $100K might not be a massive technical feat, but it still matters.
“On-chain data shows long-term holders are selling,” Tyrone said. He explained that while demand from ETFs and companies remains strong, retail investors haven’t returned in full force yet. But if Bitcoin keeps holding these levels, he said, retail interest is likely to come back in waves.
Tyrone pointed out that May 27 saw a big shift. At that point, when Bitcoin was around $109,000, spending by long-term holders—people who’ve held for at least six months—shot up to around 40,000 Bitcoin, according to CryptoQuant.
That’s since dropped all the way down to about 6,000 as of Monday. Over the same stretch, overall 30-day demand has fallen too, from 228,000 Bitcoin down to 126,000. That slowdown might cool the pace of price growth in the short term, according to Julio Moreno, head of research at CryptoQuant.
Still, Bitcoin keeps pushing. On Tuesday, it was trading at roughly $108,800, about 3% below its peak. Earlier that same day, it climbed to $110,500, its highest point since the May 22 record.
With this current streak still intact, everyone’s watching to see if $100K becomes more than just a floor—whether it becomes the new normal.
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