Bitcoin Price Prediction: $100,000 Target in Sight – Onchain Data Reveals Critical 48-Hour Window
Bitcoin stands at the precipice of a historic breakout as onchain metrics flash bullish signals. The $100,000 psychological barrier now appears within striking distance—if key support levels hold through this make-or-break period.
The data doesn't lie: Exchange reserves are drying up faster than liquidity in a memecoin rally, while whale accumulation patterns mirror previous pre-breakout formations. The next two days will determine whether this is another fakeout or the real deal.
Institutional FOMO meets retail leverage: With futures open interest hitting levels last seen before the 2021 bull run, the stage is set for either a spectacular moonshot or the mother of all liquidations. Because when has excessive leverage ever backfired in crypto?
All eyes on the chain. Tick tock.
Source: CryptoQuant
Strategy’s stock declined 53% to lower support bands, while Metaplanet carries $120 million in unrealized losses.
Market Pressure Builds Across Mining and Treasury Sectors
Bitcoin’s hash price plunged to $42 per PH/s, approaching break-even after April’s halving cut block rewards from 6.25 BTC to 3.125 BTC.
The metric declined from $62 in July as network hashrate surged past 1 zetahash per second.
Major firms pivot toward AI infrastructure. Cipher Mining secured $5.5 billion with Amazon Web Services, while IREN signed $9.7 billion with Microsoft for GPU services. Bitdeer also shifted to self-mining as operators delay equipment orders.
Onchain activity reveals mixed signals. James Wynn closed his 40x short with $85,380 profit, while Owen Gunden deposited 600 BTC worth $61.17 million into Kraken.
James Wynn (@JamesWynnReal) has closed his $BTC (40x) short position with a profit of $85,380.
James finally broke the curse of liquidation with this "wynn". Now, he just needs $21.9M to recover to breakeven.https://t.co/PExIWowAvC pic.twitter.com/2KRZkRo72Z
The Winklevoss twins also transferred 250 BTC to Gemini, potentially reaching 9,000 BTC in year-to-date sales totaling $900 million.
All of these transfers point towards further liquidation ahead.
Critical Support Test Determines Bitcoin Price Prediction
Bitcoin tests its 50-week SMA at $102,980 as the weekly close approaches. Three previous successful defenses preceded new all-time highs.
According to analyst AshCrypto, the fourth test requires a close above $103,200 within 48 hours to validate continuation toward $106,000-$110,000.
However, hourly charts reveal descending trendline resistance producing two rejections NEAR current levels. Sellers dominate with consistently lower highs as buying pressure fades.
The path of least resistance remains downward until bitcoin breaks the trendline with conviction.
Failed to close below $103,200, and a breakdown under $100,000 accelerates the decline toward $98,000-$95,000, potentially extending to the $90,000-$92,000 CME gap zone.
The next 48-72 hours determine resolution as competing factors converge at $100,000.
Layer-2 Innovation Expands Bitcoin Utility
Bitcoin’s critical support test creates uncertainty, but infrastructure improvements advance adoption.
brings Solana-speed transactions to Bitcoin through a LAYER 2 solution, enabling near-instant, low-cost transfers without sacrificing security.
Users bridge BTC to access DeFi protocols, NFT markets, and Web3 gaming.
The presale nears $25 million as the mainnet launch approaches, with liquidity pools and partnerships continuing to expand.
Theoffers a 60% APY staking rate, along with governance access and fee payments.
The platform combines fast transactions with Ethereum-compatible smart contracts, unlocking programmability beyond store of value.
To buy, visit the official Bitcoin Hyper website and connect your wallet, like Best Wallet. Swap crypto or use a bank card.