Is Bitcoin Going to Crash After Hitting $100K?
Bitcoin has cleared the major resistance levels at $70,000, $85,000, and $99,000. The exponential moving average (EMA) signals a strong bullish trend, with the 50-day moving average above the 100-day and 200-day moving averages. However, the relative strength index (RSI) has reached 82, indicating that overbought conditions may lead to a short-term price correction.
Despite the risks, Bitcoin trading volumes remain strong, demonstrating the confidence of both retail and institutional investors. But Schiff’s warning MicroStrategy’s reliance on leverage Raising questions about how long the rebound can last. If institutional buying slows down, Bitcoin’s price could experience a sharp correction.
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Analysts’ expectations for Bitcoin price movement
Brandt’s prediction of a potential Bitcoin sell-off is rooted in the idea that investors may be looking to lock in profits after the recent rally. as Bitcoin approaches psychological milestone of $100,000many market participants may be tempted to sell, triggering a pullback. Brandt said this could provide investors with an opportunity to re-enter the market at lower prices and ultimately benefit from further gains in the future.
Despite expectations for this correction, Brandt’s sentiment remains positive, saying the overall direction of the market is upward. He also predicted Bitcoin could surge to $120,000 Reject the idea of a sharp decline in the short term.
What experts say about Bitcoin’s short-term prospects
Brandt is not the only expert to comment on the potential for a Bitcoin correction. Other analysts such as Crypto Rover and Ali Martinez expressed similar sentiments. Crypto Rover noted that there is a “massive sell wall” at the $100,000 level, suggesting that Bitcoin could face significant selling pressure if it reaches this important milestone.
Ali Martinez also expressed concerns about Bitcoin’s price trajectory, warning that $1.89 billion worth of Bitcoin could be liquidated if the price hits $100,625. These liquidations could lead to brief pullbacks, adding to short-term uncertainty.
Long-term bullish outlook
Despite the possibility of a sell-off, the cryptocurrency market outlook remains very positive. Analysts, including Martinez, point to historical trends that suggest Bitcoin could see significant gains in the coming years. Martinez predicted that the price of Bitcoin could peak between $173,000 and $461,000 by October 2025, reflecting growing institutional interest in Bitcoin and increasing adoption of Bitcoin as a store of value.
Bitcoin has shown signs of strength, with recent price action hitting all-time highs. Although BTC is down slightly, trading at $98,614, the overall sentiment remains positive. The decline in Bitcoin futures open interest suggests investors may be taking a pause, but it does not necessarily mean the end of the current bull market.
