Bitcoin’s $100K Target—Why Wall Street’s Skepticism Might Fuel the Rally

Bitcoin’s march toward six figures just got a fresh catalyst—institutional FOMO meets supply shock math. Here’s why the skeptics are scrambling.

Supply crunch meets ETF demand

With daily ETF inflows swallowing 10x the new BTC mined, the halving’s arithmetic is brutal for shorts. Coinbase reserves haven’t been this thin since the 2020 bull run.

Wall Street’s ’digital gold’ narrative backfires

BlackRock’s Bitcoin ETF now holds more BTC than MicroStrategy—ironic, given how many bank analysts dismissed crypto as ’rat poison’ at $30K. The market has a way of humbling overconfidence.

Cynical take: When JP Morgan starts issuing ’blockchain research’ while their traders front-run the ETF flows, you know we’re in the speculative phase of adoption.

One thing’s clear—when the suits finally capitulate, they’ll do it at the worst possible price. Again.

Source: TradingView

Therefore, it implies that the current uptrend is likely to continue if the demand also rises or remains constant. Significantly, the market is experiencing considerable demand, with buyers highly active in the market.

With a strong upward momentum while buyers are dominant players, it positions BTC for more gains on its price charts.

What do Bitcoin charts suggest?

According to AMBCrypto’s analysis, Bitcoin is experiencing strong upward momentum. The prevailing market conditions position the crypto for more gains.

For starters, Bitcoin is experiencing sustained bullish sentiments from all market participants. As such, these bullish participants are taking strategic positions in the market.

We can see this market bullishness in multiple ways.

Firstly, Bitcoin’s Fund Market Premium has turned positive to settle at 0.2.

A positive Fund Premium suggests that investors, especially institutional ones, are experiencing enthusiasm and FOMO. Thus, there’s significant demand for Bitcoin across the market, including in traditional finance.

Source: CryptoQuant

Additionally, other market players are also bullish, as Bitcoin’s Fund Flow Ratio has declined to hit a low of $0.078.

This decline suggested increased holding behavior, as investors preferred moving BTC into cold storage and private wallets — a classic sign of long-term conviction.

Source: CryptoQuant

What’s next?

Bitcoin continues to attract strong demand, with investors entering at key, strategic levels.

If current momentum holds and demand remains robust, BTC could be positioned for a significant upward move.

The next crucial target is $96,000, a level of importance as it represents the entry price for short-term holders who have held Bitcoin for three to six months.

Flipping $96,000 into support would likely pave the way for a rally beyond $100,000.

However, profit-taking by holders of recent gains, particularly those holding BTC for one to three months, might cause the price to consolidate between $88,000 and $94,000.

Thus, reclaiming and converting the $96,000 mark into support remains vital for Bitcoin’s next upward trajectory.