Bitcoin Nears $100K Amid Bullish Market Signals
Key Takeaways
- Bitcoin (BTC) is approaching the $100,000 mark – currently around $97,000 USD.
- Analysts are identifying a familiar accumulation pattern, similar to the one seen in 2024.
- Long-term BTC investors purchased approximately 150,000 BTC in April.
- An increase in US dollar liquidity could further drive the BTC price upward.
- Technical indicators point to a bullish market sentiment.
Bitcoin Poised for Potential Break Above $100,000
Bitcoin is once again showing an accumulation pattern that was previously observed during the upward phases in early and late 2024. According to on-chain data from CryptoQuant, short-term holders – investors who hold BTC for between one day and one week – are increasingly buying in again. Historically, this behaviour has often been associated with significant price increases.
The current price of around $97,000 USD is only about 3.5% below the psychologically important $100,000 mark. If the pattern continues, analysts believe a breakout could happen soon.
Long-Term Investors Expanding Their Positions
Another factor supporting rising prices is the activity of long-term BTC holders. According to Blockware, a provider of mining systems, approximately 150,000 BTC were acquired in April by investors with a holding period of over six months. This group is considered less likely to sell, which reduces selling pressure in the market.
Well-known analyst Robert Breedlove emphasizes: “Bitcoin is running out of sellers in the $80,000 to $100,000 range.” This indicates a supply shortage, which, with steady or increasing demand, could lead to further price increases.
US Dollar Liquidity as a Driving Force
A key factor influencing the Bitcoin price is US dollar liquidity. Historically, there has been a strong correlation: when liquidity surged in 2020–2021, BTC climbed from $3,500 to $69,000 USD. A decline was observed in the second half of 2024 and early 2025. However, since the second quarter of 2025, liquidity has been rising again.
If this trend continues, it could trigger additional demand for Bitcoin. More liquidity typically means investors are more willing to invest in higher-risk assets like cryptocurrencies.
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Technical Indicators Confirm Bullish Sentiment
From a technical perspective, there are also several signs pointing to a continued price increase. The so-called Super Trend indicator on the 4-hour chart is currently giving a buy signal. In addition, the price is above key moving averages, indicating strong market positioning by buyers.
These technical signals, combined with on-chain data and the macroeconomic environment, suggest the upward trend may continue.
Our Assessment
Current developments around Bitcoin show a clear trend: the outlook is bullish. The combination of rising demand from both long-term and short-term investors, recovering US dollar liquidity, and positive technical indicators creates an environment where a breakout above $100,000 USD appears possible in the near term.
If you invest in cryptocurrencies or are interested in the market, it’s worth keeping a close eye on the coming days and weeks. A sustainable breakout could bring new momentum to the market – with corresponding opportunities, but also risks.
Sources
- CryptoQuant
- Blockware
- TradingView
| Symbol | BTC |
| Coin type | Alt Coin |
| Transaction Speed | Slow |
| Pros |
|
| Cons |
|
| Further practical applications | |
| Price | $96,354.00 |
| 24h % | -0.54 % |
| 7d % | 2.26 % |
| 30d % | 17.47 % |
| 60d % | 11.09 % |
| 1y % | 55.85 % |
| Market Cap | $1,913,531,623,278.00 |
| Max. Supply | 21,000,000.00 |
| Official Links | Website | Whitepaper | Source Code |
| Socials | Reddit | X | Message Board |
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