Bitcoin Price Prediction This Week: Break Above $100K or Pullback Toward $88K First?

Bitcoin price

The chart shows Bitcoin coiling within an ascending triangle, marked by higher lows and a flat resistance zone near $94,000–$95,000. This structure typically reflects accumulation, where buyers step in earlier on each dip. The CMF remains positive, signaling steady capital inflows, while the RSI holds above neutral, indicating improving momentum without overbought conditions. However, repeated rejections at resistance highlight the seller’s presence. A confirmed breakout above the triangle could open the path toward $100,000, while failure to hold the rising support risks a retest of $88,000 before any upside continuation.

When Can Bitcoin Reach $100K?

For Bitcoin to reach the $100,000 mark, a clear shift from consolidation to expansion is required. A daily close above the $94,000–$95,000 resistance zone, backed by rising volume and sustained positive money flow, would confirm a breakout from the ascending triangle and open the path toward the psychological $100K level. This move is more likely if broader risk sentiment remains supportive and the U.S. dollar continues to weaken. However, failure to hold the rising trendline could delay the rally, triggering a pullback toward $88,000 before any renewed upside attempt.

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