Bitcoin’s $109,899 Milestone: The Critical Point for Institutional Bull Market Momentum

Matrixport, a leading provider of digital asset financial services, has pinpointed $109,899 as a crucial benchmark in Bitcoin’s ongoing bull run. Their recent report identifies this figure as the 21-week moving average, which acts as a key separator between continued bullish momentum and a possible shift to bearish conditions. Matrixport notes that maintaining values above this significant level supports the persistence of the fifth bull cycle, while falling below it could mark the start of a more difficult period for the cryptocurrency Matrixport: Bitcoin 109,899 USD, regarded as the bull-bear dividing ... [ 1 ].

The company’s research points out that the current upward trend differs from previous cycles, being led by institutional investors and unfolding in three distinct stages of growth. This is in contrast to the two-stage rally seen in 2020–2021. Matrixport attributes this evolution to greater institutional involvement, which has bolstered both liquidity and price stability despite broader economic challenges Matrixport: Bitcoin Must Hold $109,899 to Sustain Bull Market … [ 2 ]. Their technical analysis highlights the necessity of holding the $109,899 mark, with the 21-week moving average serving as a dynamic gauge of market strength Matrixport: If Bitcoin stays above $109,899, the bull trend can … [ 3 ].

Matrixport’s technical experts assert that Bitcoin’s ability to remain above $109,899 is vital for maintaining investor trust. Historical trends indicate that dropping below this point could trigger widespread liquidations and a larger market downturn. The firm emphasizes that the 21-week moving average is widely seen as a dependable trend indicator, and its current placement at $109,899 reflects the balance between short-term market swings and long-term institutional strategies Matrixport: Bitcoin 109,899 USD, regarded as the bull-bear dividing ... [ 1 ].

Although Matrixport recognizes potential threats to the bullish outlook—such as debates over Bitcoin’s fixed supply and progress in quantum computing—they believe these issues are unlikely to affect the present trend in the near future. For example, BlackRock has questioned the enforceability of Bitcoin’s 21 million supply cap, and while Google’s quantum computing developments are a long-term concern, they do not present immediate risks. Matrixport’s inflation projections also indicate that the Federal Reserve may continue supportive policies through 2025, which would benefit Bitcoin’s price movement Matrixport report: Bitcoin bull market faces key … [ 4 ].

The firm’s perspective is consistent with broader market trends. Recently, short-term investors have shown signs of capitulation, with more than 50,000 BTC sold at a loss in July 2025, reflecting increased volatility. Nevertheless, Matrixport highlights that robust institutional participation and the lack of significant regulatory barriers—unlike in previous bull cycles—offer a structural edge for

. For instance, the introduction of U.S. Bitcoin spot ETFs has eased regulatory challenges, though potential changes in fiscal policy under a new Trump administration could introduce new uncertainties Matrixport report: Bitcoin bull market faces key … [ 4 ].

Matrixport’s research stresses the need for investors to closely watch the $109,899 threshold. Consistently closing above this level would confirm the continuation of the bull market, while a drop below could prompt a reassessment of market strategies. Their analysis also draws attention to the influence of macroeconomic variables, such as inflation forecasts and liquidity, on Bitcoin’s path. As the market nears important technical milestones and economic developments, the interaction between institutional demand and macroeconomic stability will be essential for keeping the bull run intact Matrixport: If Bitcoin stays above $109,899, the bull trend can … [ 3 ].

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