Bitcoin Rejection at $100K Sparks Debate: Correction or Buying Opportunity?

Bitcoin’s rally stalls just shy of the psychological $100,000 mark—triggering both panic sells and aggressive dip-buying across exchanges.

Technical analysts point to a classic rejection candle on weekly charts, while institutional players cite ’healthy consolidation’ before the next leg up. Derivatives data shows leveraged longs getting liquidated at the $97.5K resistance wall.

The real question: Is this the local top before a 20% retracement, or merely a pitstop before Bitcoin’s next parabolic move? With the halving supply shock now priced in, macro liquidity conditions may decide the next trend.

Meanwhile, crypto Twitter oscillates between ’number go up’ memes and doomsday charts—because nothing fuels engagement like volatility-induced schizophrenia.

Many investors expected Bitcoin (BTC) to climb to $100K in its recent surge, but it stopped short at $95,548 (BTC/USD), disappointing the market with its stagnation.

Bitcoin has been hovering around the $95K mark for a few days now, and it does not look like it will hit $100,000 very soon, but that has not stopped analysts from predicting a $1 million price point for the cryptocurrency over the next few years.

The CIO of Maelstrom Arthur Hayes says that by 2028, he expects Bitcoin to have hit $1 million, and he is not the only one predicting sky high values for Bitcoin over the next few years. Many analysts see 2025’s difficulties as a temporary issue that will be overcome.

Bitcoin has made tremendous progress in recent weeks, moving from $74.8K to its current $94.5K in less than a month. That has been exciting for investors, and many whales have started to move on the coin again, including MicroStrategy with a recent investment of over $1 billion. That company owns about $46 billion in Bitcoin, which makes it the largest Bitcoin investor in the world.

BTC has been holding fairly steady for the past few days, which could mean that it is preparing to climb in the NEAR future or that it is having trouble holding onto its current level. The next influential factor that appears will likely shift it one way or the other.

There is new economic data coming out this week, and that could have an impact on Bitcoin. With nonfarm payrolls, consumer spending, and personal income all to be reported this week, we could see Bitcoin shift quickly in one direction or another. It is in a precipitous place right now, having just finished a lengthy upward swing. The market may not support another bullish run so soon, so the likelihood is that Bitcoin will drop at the least influence.

Bitcoin has had considerable difficulty in reaching back to $100K this year, and we expect those troubles may continue for a while longer. It is looking less and less likely that Bitcoin can hit $150K by the end of 2025.