Why Bitcoin Could Target $96.7K as On-Chain Money, Not Leverage, Leads the Rally

Feed loaded: Why Bitcoin Could Target $96.7K as On-Chain Money, Not Leverage, Leads the Rally. Published 10/6/2026. Sentiment: bullish. 1 citations. Trustworthy: no.

Why Bitcoin Could Target $96.7K as On-Chain Money, Not Leverage, Leads the Rally
Property	Value	Type
Title	Why Bitcoin Could Target $96.7K as On-Chain Money, Not Leverage, Leads the Rally	metadata
Category	price	metadata
Subcategory	price	metadata
Sentiment	bullish	metadata
Published Date	2026-10-06T04:46:19.226Z	metadata
Trustworthy	no	metadata
Content	Bitcoin’s rally appears to be supported more by spot and on-chain buying than by rising leveraged positions, suggesting demand is doing more of the work than speculative futures. The source points to $96,700 as a potential next target if this trend continues. That level is not assured: a slowdown in spot demand or a shift toward leverage could weaken the rally and increase volatility....	content
Citation 1	https://beincrypto.com/bitcoin-rally-on-chain-money-not-leverage/	source

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Sources (1)

AI Research