Bitcoin Eyes $100K as Price Tests Critical Resistance Zone
Bitcoin’s price action is under intense scrutiny as it approaches a pivotal resistance zone NEAR its yearly opening level. With the cryptocurrency fluctuating around $94,000, traders are eagerly watching for a breakout that could propel it toward the coveted $100,000 mark. The $93,000-$95,000 range has become a key battleground between bulls and bears, with its outcome likely to dictate Bitcoin’s near-term trajectory.
Bitcoin Price Nears Critical Resistance Zone Amid $100K Speculation
Bitcoin’s price action is drawing intense scrutiny as it tests a pivotal resistance zone near its yearly opening level. The cryptocurrency hovered around $94,264.5 before dipping to $93,993.08, with traders watching for a decisive breakout that could signal upward momentum toward six-figure valuations.
The $93,000-$95,000 range has emerged as a battleground between bulls and bears, flipping between support and resistance multiple times this year. market participants view a clean break above this zone as potentially opening the path to Bitcoin’s next major price discovery phase.
Bitcoin Nears Critical Retest as Bulls Eye $131,800 Target
Bitcoin has surged nearly 12% in the past week, marking a decisive shift from bearish to bullish territory. The cryptocurrency now faces a pivotal 3-day retest that could catalyze a historic rally if key support levels hold.
The $93,145 price point emerges as a critical threshold for maintaining upward momentum. A successful breakout from this consolidation phase could propel BTC toward a potential all-time high of $131,800, according to technical analysis.
Trading at $94,097 with $17.92 billion in daily volume, Bitcoin’s $1.86 trillion market capitalization demonstrates renewed institutional confidence. Market observers note this recovery follows weeks of uncharacteristic volatility that tested investor patience.
Best Crypto to Buy Now as Bitcoin Price Hits $95,000
Bitcoin’s bullish reversal has captured market attention, with prices surging 28% from $74,500 to $95,400 this week. Fundstrat’s Tom Lee projects further upside, potentially exceeding $150,000 this year as macroeconomic conditions favor risk assets.
The rally marks what analysts describe as a final opportunity for sidelined investors to position before the bull market peaks. Liquidity conditions appear significantly stronger than during previous quarters, creating fertile ground for altcoin outperformance.
MicroStrategy’s Bitcoin Holdings Yield $5.1 Billion Unrealized Gain in 2025
MicroStrategy’s aggressive Bitcoin accumulation strategy has paid off handsomely, with its treasury racking up $5.1 billion in unrealized gains this year. The software company now holds 538,200 BTC after its latest purchase of 6,556 coins, cementing its position as the largest corporate holder of the cryptocurrency.
Bitcoin’s surge to $94,000—an 11.46% weekly gain—has pushed MicroStrategy’s MVRV ratio to 2.13. CEO Michael Saylor publicly celebrated the milestone, underscoring the success of the firm’s unwavering commitment to Bitcoin as a treasury asset.
Grayscale Maintains Revenue Dominance in US Spot Bitcoin ETF Market
Grayscale’s Bitcoin Trust ETF (GBTC) continues to outearn all other US spot Bitcoin ETFs combined, despite charging significantly higher fees. The fund generates approximately $268.5 million annually with its 1.5% management fee—seven times more expensive than some competitors.
First-mover advantage and tax implications create sticky capital. "GBTC is still making more $$$ than all of the other ETFs combined...and it’s not even close," observed Nate Geraci of ETF Store. Investors remain reluctant to switch to lower-cost alternatives due to potential capital gains taxes on position unwinding.
The revenue gap persists nearly 16 months after SEC approval of spot Bitcoin ETFs, demonstrating Grayscale’s entrenched position in the digital asset investment landscape. BlackRock and other issuers have yet to disrupt this dynamic through competitive fee structures alone.
