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  • Qadir AK
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    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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  • 2 minutes read

Is Bitcoin Going to Crash After Hitting $100K?

Story Highlights
  • BTC/USDT Signals Overbought Conditions with the RSI reaching 82, indicating a potential short-term correction despite strong bullish momentum.

  • Bitcoin dominance in the crypto market continues to rise, supported by robust trading volumes from both retail and institutional investors, signaling sustained confidence.

  • Bitcoin All-Time High Nears $100,000, analysts warn of potential profit-taking and liquidation risks, which could trigger a temporary pullback before resuming its upward trajectory.

Bitcoin has cleared major resistance levels at $70,000, $85,000, and $99,000. The exponential moving averages (EMAs) signal a strong bullish trend, with the 50-day EMA positioned above the 100- and 200-day lines. However, the Relative Strength Index (RSI) has reached 82, indicating overbought conditions that could lead to a short-term price correction.

Despite the risks, Bitcoin trading volumes remain strong, showing confidence from both retail and institutional investors. But Schiffโ€™s warnings about MicroStrategyโ€™s reliance on leverage raise questions about how long this rally can be sustained. If institutional buying slows, Bitcoinโ€™s price could experience sharp corrections.

Curious about whatโ€™s next? Read Bitcoin Price Prediction 2025 and explore how high BTC could soar as it solidifies its place in the global financial ecosystem!

Analysts Expectations for Bitcoin Price Action

Brandtโ€™s prediction of a potential Bitcoin selloff is rooted in the idea that investors may look to lock in profits after the recent rally. As Bitcoin approaches the psychological milestone of $100,000, many market participants might be tempted to sell, triggering a pullback. Brandt suggests that this could present an opportunity for investors to reenter the market at a lower price, ultimately benefiting from further gains down the line.

Despite the anticipation of this correction, Brandtโ€™s sentiment remains optimistic, stating that the marketโ€™s overall direction is upward. He also predicted that Bitcoin could soar to $120,000, rejecting the idea of a significant drop shortly.

Expert Sentiment on Bitcoinโ€™s Short-Term Outlook

Brandt isnโ€™t the only expert to weigh in on Bitcoinโ€™s potential for a pullback. Other analysts like Crypto Rover and Ali Martinez have echoed similar sentiments. Crypto Rover pointed out the presence of a “huge sell wall” at the $100,000 level, suggesting that Bitcoin could face significant selling pressure if it reaches this major milestone.

Ali Martinez also chimed in with concerns over Bitcoinโ€™s price trajectory, warning that $1.89 billion worth of BTC could be liquidated if it hits $100,625. These liquidations could cause a brief pullback, adding to the uncertainty in the short term.

Long-Term Bullish Outlook

Despite the potential for a selloff, the crypto market outlook remains incredibly bullish. Analysts, including Martinez, have pointed to historical trends that suggest Bitcoin could see a massive rally in the coming years. Martinez forecasts that Bitcoin could peak between $173,000 and $461,000 by October 2025, reflecting the growing institutional interest and adoption of Bitcoin as a store of value.

Bitcoin has already shown signs of strength, with recent price movements marking new all-time highs. Even though BTC has seen a slight decline, trading at $98,614, the general sentiment remains positive. The decline in Bitcoin futures open interest suggests that investors may be taking a pause, but this doesnโ€™t necessarily signal the end of the current bull run.

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