Bitcoin has astonishingly revealed a "ten-thousand-yuan ladder" phenomenon! Is 160,000 USD the next stop or a mirage?

Source: Cointelegraph Original: "The Bitcoin 'Ten Thousand Yuan Ladder' Spectacle Appears! Is $160,000 the Next Stop or a Mirage?"

On May 20, 2025, the price of bitcoin retreated after a brief pause at a high of $107,000, leaving an elegant "step-shaped" line on the daily chart. This is no accident - while the market is still debating whether the bull market has peaked, a mysterious upward pattern is quietly dominating: every 7-10 days, bitcoin jumps by $10,000 and then enters a sideways accumulation, like a climber stepping on a bump in a rock wall. Analyst Trader Tardigrade's findings unveil the rulebook of this capital game: from 75,000 to 85,000, from 95,000 to 105,000, each integer threshold is both a psychological line of defense and a technical springboard. If the pattern continues, $115,000 could be the next step, while the wilder forecast is already pointing for $160,000. Behind this "slow bull", is it the precision operation of institutional capital, or the inevitable interpretation of the law of cycles?

Ladder Mode: The Mathematical Beauty of Capital Games

The market has never been more rational. Bitcoin's "10,000 yuan ladder" rise is essentially a precise scale experiment in the relationship between supply and demand. After each 10% increase, the ten-day sideways period has become a sandbox for long and short games: behind the 40% surge in trading volume is a tug-of-war between profit-taking and institutional positioning. Tardigrade pointed out that this rhythm of "three advances and three retreats" is similar to the slow rise and fall of blue chips in the traditional financial market, indicating that Bitcoin is fading away from its speculative nature and turning to the deep logic of value storage. The $100,000 mark is critical not only because of its symbolic significance, but also because on-chain data shows that it has accumulated the largest institutional buy order since the ETF was approved in 2024.

Golden Ratio Prophecy: The Mathematical Destiny of $160,000?

When technical analysis comes up with the "golden ratio multiplier" model, the sense of historical reincarnation comes to mind. The model accurately predicted the top of the cycle in April 2021 and now has a Level 5 target of $160,000. CryptoCon likens the current phase to April 2017, when Bitcoin soared from $1,200 to $20,000 in half a year. If history repeats itself, the market in the second half of 2025 may repeat this exponential explosion. But the red flags are just as flashing: the model shows that it is currently at the "middle top of the cycle", which means that $160,000 could be the right shoulder of the double-top structure, not the end.

Institutionalization Process: The Capital Undercurrents Behind the 8% Growth Rate

Willy Woo's Compound Annual Growth Rate (CAGR) model infuses cold thinking into this frenzy. Data shows that Bitcoin's annual growth rate has plummeted from over 100% in 2017 to around 30%-40% now, and it is expected to gradually converge to 8% over the next 15-20 years. This is not a signal of decline, but an inevitability following the influx of capital: as MicroStrategy holds 1% of the circulating supply and sovereign funds start allocating, Bitcoin's volatility is bound to be smoothed out by trillions of dollars in funds. Woo's prophecy reveals a harsh truth—the more successful Bitcoin becomes, the closer its volatility approaches that of the S&P 500 index; the 'frenzy mode' familiar to early investors is becoming a thing of the past.

Finding gaps of uncertainty in certainty

The Bitcoin market has never been more contradictory: technical models outline a clear path, institutionalization provides fundamental support, but black swans are always circling – the Fed's monetary policy pivot, geopolitical escalation, and quantum computing breakthroughs could rewrite the script. For investors, the step-by-step rally is both an opportunity guide (providing a window to increase positions every $10,000 step) and a risk warning (a sideways period can turn into a deep pullback). When $160,000 becomes a social media buzzword, perhaps it's better to pay attention to: "Enjoy the moment, the window for alpha won't be open forever." "After all, in financial markets, the only constant law is that all laws will eventually be broken.

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