Bitcoin (BTC) has been on a bullish rally that has everyone very excited. With its all-time high at $99,600, Satoshi’s coin is close to breaking the $100,000 mark, a milestone that the bitcoiner community has been waiting for for a long time.
So it is clear that the question is not whether BTC It will reach 100 thousand dollarsif not when and what will happen next. On this point, there are many theories among professional analysts and traders. Let’s analyze what the data says about the possible behavior of bitcoin in the near future.
How bitcoin could behave when it reaches $100,000
Bearish expectation
There is something important to remember: no uptrend is linearespecially when it comes to assets as volatile as cryptocurrencies. There may be bearish corrections even in the middle of a bull run. So it’s important to be prepared for possible declines, even after bitcoin hits $100,000.
Far from alarming yourself and selling all your bitcoins as soon as possible, keep in mind that corrections are natural and even healthy, as they contribute to forming a firm floor that allows BTC to continue rising. Therefore, a fall is not synonymous with weakness. In fact, the wisest thing is to see it as an opportunity to buy “cheap”.
And how far could the price of bitcoin go back? To determine this, you have to analyze your last resistorsthat is, the maximum value that the Cryptocurrency has reached in a period and that it is difficult to overcome. In a bull market, resistances become supports, the minimum price that the asset usually hits.
So one of the last resistances for bitcoin is the $73,000 mark. This figure is likely to function as support in the event of a fall. It is even possible that it will fall even further, around $69,000. And, in the worst case, it would reach $49,000, but it is very unlikely.
According to the CryptoQuant company, the risk of a bearish correction for BTC has increased. The analyst JA Maartun explained that “the levels of unrealized profits are high and currently stand at 57%. This is close to the March 2024 peak of 69%, indicating a higher probability of a price correction.”
Bullish expectation
A temporary setback for the price of bitcoin would not prevent the cryptocurrency from continuing to rise later. And $100,000 would be far from its peak. Analysts like Juan Téllez project that $285,000 is a very likely level in the current bullish cycle.
And not only that, Téllez commented that $285,000 would be the minimum price; the maximum would be around $600,000. Although it seems like an exaggerated figure, the analyst said that, in each BTC cycle, few people believed the price peaks it would reach. So it doesn’t seem crazy to him that his projection comes true.
Why are analysts so optimistic? There are several reasons. Donald Trump’s victory created positive sentiment in most financial markets, including digital assets. The departure of Gary Gensler as SEC Chairman in January 2025 has also generated optimism. And the monstrous performance of bitcoin ETFs lately is another factor contributing to the price rise.
Analyst Lark Davis published a video on YouTube in which he lists 7 signs that bitcoin’s ceiling isn’t even close. It included factors such as media attention, the PI Cycle indicator, market “nonsense,” the Fibonacci pattern, the fear and greed index, social media trends, and “old friends.”
How you can cope with bitcoin volatility
Volatility and cryptocurrencies go hand in hand, and it is something that every trader must learn to deal with. Regardless of bitcoin price fluctuations, there are trading platforms that are very useful when trading cryptocurrencies.
An example of this is Bitvavoan exchange of European origin that has been on the market for more than 6 years. has become one of the favorite cryptocurrency platforms for traders in Europesince it provides multiple benefits for those who trade with euros. In fact, it is the exchange with the highest trading volume in this currency.
It offers SEPA payment methods, low fees for euro pairs and complies with eurozone laws and regulations, including an authorization from the Bank of Spain. Not to mention that its servers meet the requirements of security category 4+, the highest in the Netherlands, and it has a guarantee fund of 100,000 euros.
In this bullish cycle, Bitvavo wants to reward new users from Europe who join the exchange with a welcome bonus 10 euros. By simply registering, completing the verification and making your first deposit, you can receive the bonus to start getting the most out of bitcoin and cryptocurrencies.
The promotion is valid until December 31, 2024, and only applies to adult users in the eurozone who register for the first time on Bitvavo.
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