Bitcoin Eyes $100K as Market Conditions Ripe for Explosive Breakout

Crypto markets are coiled like a spring—liquidity pools deepening, derivatives positioning tightening, and on-chain metrics flashing bullish divergences. All while Wall Street analysts still call it a ’speculative asset class’ between sips of their $8 oat milk lattes.

Key signals to watch:

- Bitcoin’s 200-week moving average now acts as rock-solid support

- Miner capitulation complete, hash rate recovers

- Tether minting $1B+ USDT weekly—institutional fiat ramps loading

This isn’t 2017’s retail frenzy. It’s the quiet before the storm when macro, technicals, and institutional flows align. Will BTC punch through six figures or face another brutal rejection? The charts are leaning bullish... but since when did markets care about logic?

Reasons why Bitcoin could surge higher after a week’s pause

Source: BTC/USDT on TradingView

The 4-hour chart reflected strong bullishness. The CMF was at +0.29 to signal heavy capital inflows and buying pressure. The OBV was also on an uptrend over the past two weeks – Another sign of steady demand.

The RSI has tapered off over the past couple of days as Bitcoin struggled to surpass the $94k resistance. The $92k-level represented the lows of a range formed earlier this year. Hence, BTC could oscillate between $92k-$94k for a few more days to consolidate.

Source: CryptoQuant

CryptoQuant analyst Maarten pointed out in a post on CQ Insights that April saw $1.049 trillion traded in the Binance Futures market – The largest figure since January.

This implies a hike in market participant interest, something that could fuel further market-wide gains.

Source: Coinglass

The high Futures volume meant that the liquidation heatmap could offer key insights into what Bitcoin could do next. In mid-April, we saw BTC hover around the $85k-$86k region. During this time, the density of short liquidations around $88k-$89k was growing.

After allowing the liquidity to build up, BTC soared higher, and the resulting short squeeze added to the buying flurry that sent the price higher. Over the past couple of days, a similar consolidation around the $92k-$94k might have begun.

Hence, it is likely that the ongoing consolidation could take another week, and allow liquidations to build up at $96k. In this scenario, another move higher to sweep this liquidity would ensue as the price is attracted to liquidity. This move could hit $100k, the round number psychological resistance, or $103k, the next sizeable liquidity cluster.

Hence, traders can be prepared for further gains after a few days of consolidation. The clues from whale demand, greater Futures volume, and Spot ETF inflows suggested bullish dominance would likely continue in the short term.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion