Bitcoin Surge: How Much Can Its Value Rise?

Bitcoin (BTC) once again leads the market narrative. After a period of sideways movement, the world's largest cryptocurrency has broken through several resistance levels, surpassing the $90,000 mark. But is this just another short term breakout or is Bitcoin's price preparing for a rise to the sky into six figures? Bitcoin Price Prediction: Bulls Regain Trend

The daily chart shows a strong technical reversal. After several weeks of consolidation, BTC has surged above the 20-day, 50-day, and 100-day simple moving averages (SMA), currently trading near $92,800. The 200-day SMA at $88,582 is a significant barrier, but Bitcoin has now decisively flipped it into support. This breakthrough is reinforced by the Accumulation/Distribution line (ADL) which is rising, currently at 1,585.69. This signals continuous buying pressure — not only from retail investors but possibly also from institutional participants. With higher lows and higher highs forming, Bitcoin appears to be entering a new bullish trend phase. If the BTC price holds above 90,000 dollars in the next few sessions, the 95,000 dollars–97,000 dollars range is the next important target. A breakout beyond that range will open the psychological gateway to 100,000 dollars. Hourly chart: Healthy consolidation or slowing momentum?

Zooming in on the hourly chart, BTC is currently experiencing a slight pullback after hitting the level of $93,827. The price is currently fluctuating around $92,083. While this may seem like a pause, in reality, it is a textbook consolidation pattern following a strong bullish move. The hourly moving average is still stacked in ascending order. The 20-hour SMA is still significantly higher than the 50, 100, and 200-hour averages, with the 200-hour SMA around $86,992 — providing enough cushion for support. The hourly ADL at 1,443.68 has flattened out a bit, indicating short-term profit-taking, but there are no signs of mass liquidation. If the price of BTC maintains support above $91,000 and recovers to $93,000 in the short term, we may see another price rise within the next 48 hours. However, if the price drops below $90,000, it could trigger a rapid decline to $88,500. Bitcoin price prediction: Will it reach 100,000 dollars? Let's break it down into regions: Short term target: $95,000–$97,000 ( based on the breakout momentum and Fibonacci extension ) Medium term target: $100,000 ( psychological level and measured move from the breakout in month 3) Downside risk: $88,500, followed by $85,000 as the main support level With the clear upward trend benefiting Bitcoin and no major resistance until the $97,000 level, the path to $100,000 seems more feasible than speculation—especially if trading volume continues to rise and the overall market sentiment remains optimistic. Is this the beginning of the next journey for Bitcoin? The price of Bitcoin has technically broken out and is showing clear signs of strength on both the daily and hourly time frames. ADL confirms accumulation, moving averages are supportive, and the price action is clean. Although some consolidation is expected after such a move, the overall structure indicates that the price of Bitcoin has not yet stopped. If the next resistance level is broken, Bitcoin is very likely to test the $100,000 level much earlier than most people's expectations.