Bitcoin (BTC) Blasts Toward $95K: Is $103K Next?

According to data from most exchanges, Bitcoin exceeded $ 95,000 Friday and early Sunday after a volatile ride in recent weeks.

In addition to more than 11% in the last seven days and with a market capitalization oscillating a little less than $ 1.88 Billion of dollars, the BTC has an effiloche on social networks with cries of price predictions of $ 100,000 and, even if certain experienced voices warn the retail merchants of walking with caution.

$ 103,000 on cards

Analyst Titan of Crypto sparked the Haussier affair, saying that an escape from the “Taurus flag” is underway and predicting a short -term move to $ 103,000 in a job on X.

The recent movement of asset prices has coincided with substantial accumulation by large investors. According to Santiment, portfolios holding between 10 and 10,000 BTCs have added aggressively to their positions, the defender of Bitcoin Kyle chased the calling “the strongest signal of the game !!!”

Santiment too revealed This feeling of the market has reached its most predominantly level of greed since November 2024, when the flagship cryptocurrency culminated for the last time before correcting 13%.

The analysis platform suggested by the whales was ready to mop up all BTC unloaded by retail merchants looking for profits during this period, potentially giving assets after $ 100,000:

“If they sell here because they think we see a high, the whales would probably pick up these pieces and potentially push bitcoin over $ 100,000 in the next 1-2 weeks.”

Some eminent market observers have also highlighted key technical developments, notably Daan Crypto Trades, which observed Bitcoin resilience at key levels of fibonacci. “$ BTC Strong bounce and continuation of Fibonacci's level of retirement .382,” he said, expressing his penchant for “higher deadlines”.

Incoming bull cycle?

Adding to the story, Michaël Van de Poppe suggested that the market could enter a major bull cycle. He quoted A graphic from TechDev_52 showing that BTC was in its longest bear race, for four years, and implied that a reverse cycle was imminent. “We are about to start the biggest bull cycle of all time,” wrote the cryptographic investor.

However, the Santiment team offered a more cautious perspective, noting that excessive greed of the crowd could lead to maximum local training, while more measured behavior could allow BTC to maintain its divergence from traditional markets such as S&P 500.

With its domination at 61.2% and the institutional interest remaining strong, the next decision of the cryptocurrency could set the tone for the rest of the digital asset market next week.