Bitcoin (BTC) is once again leading the market narrative. After a stretch of sideways movement, the world’s largest cryptocurrency has smashed through multiple resistance levels, pushing well past the $90,000 mark. But is this just another short-term breakout, or is Bitcoin price preparing for a serious run toward six figures?
Let’s dive into the charts and explore what might come next.
Bitcoin Price Prediction: Bulls Reclaim the Trend
The daily chart shows a strong technical reversal. After weeks of consolidation, BTC has surged above the 20-day, 50-day, and 100-day simple moving averages (SMAs), currently trading near $92,800. The 200-day SMA at $88,582 was a major barrier, but Bitcoin has now decisively flipped it into support.
This breakout is reinforced by a rising Accumulation/Distribution Line (ADL), now at 1,585.69. That signals sustained buying pressure — not just from retail, but likely institutional participants as well. With higher lows and higher highs forming, Bitcoin appears to be entering a fresh uptrend phase.
If BTC price holds above $90,000 for the next few sessions, the $95,000–$97,000 zone is the next critical target. A breakout beyond that range opens the psychological floodgate to $100,000.
Hourly Chart: Healthy Consolidation or Cooling Momentum?
Zooming in to the hourly chart, BTC is currently experiencing a slight pullback after touching $93,827. Price is now hovering near $92,083. While this may seem like a pause, it’s actually a textbook consolidation pattern following a strong impulse move.
The hourly moving averages remain stacked in bullish order. The 20-hour SMA is still well above the 50, 100, and 200-hour lines, with the 200-hour SMA sitting around $86,992 — providing plenty of cushion for support. The hourly ADL at 1,443.68 has flattened slightly, suggesting short-term profit-taking, but there’s no sign of mass exit.
If BTC price maintains support above $91,000 and reclaims $93,000 in the short term, we could see another push higher within the next 48 hours. However, a break below $90,000 could trigger a quick dip toward $88,500.
Bitcoin Price Prediction: Is $100K Coming?
Let’s break this down into zones:
- Short-Term Target: $95,000–$97,000 (based on breakout momentum and Fibonacci extension)
- Mid-Term Target: $100,000 (psychological level and measured move from the March breakout)
- Downside Risk: $88,500, followed by $85,000 as major support
With momentum clearly in Bitcoin’s favor and no major resistance until $97,000, the path to $100,000 seems more probable than speculative — especially if volume continues to climb and broader market sentiment stays bullish.
Is This the Start of Bitcoin’s Next Leg?
Bitcoin price has broken out technically and is showing clear signs of strength across both daily and hourly timeframes. The ADL confirms accumulation, the moving averages are supportive, and price action is clean.
While some consolidation is expected after a move like this, the overall structure suggests Bitcoin price is far from done. If the next resistance zone is broken, Bitcoin could very well test $100,000 much sooner than most expect.
Now’s the time to watch for confirmation — not hesitation.
