TechFlow news, on October 3, according to CoinDesk, CryptoQuant data shows that since July, Bitcoin demand driven by whales and ETFs has been quietly increasing, currently reaching approximately 62,000 BTC per month—a level similar to the significant price surges seen in the fourth quarters of 2020, 2021, and 2024. With Bitcoin breaking through the key threshold of $116,000, it may signal a re-entry into a "bull market" phase, with potential Q4 target prices rising to between $160,000 and $200,000.
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