Bitcoin Nears $100k: Key Moments This Weekend Could Redefine Crypto Market

Bitcoin has surged past $95,000, stirring excitement as it inches closer to $100,000. Amid bullish sentiments fueled by U.S. SEC changes and investor interest, analysts predict a potential leap to $110,000. However, caution remains as some analysts warn of a possible 20% crash following the milestone due to leveraged positions. The weekend could be decisive for BTC, influenced by ETF inflows, whale behaviour, and macroeconomic news.

Bitcoin (BTC) is making waves again, having surged over 12% in just a week, now hovering around the $95,000 mark. As it teeters on the brink of the coveted $100k, all eyes in the crypto community are fixed on this weekend as potential make-or-break time for the digital asset. The excitement is palpable, with many eager to see if Bitcoin can reach that milestone.

The recent jump past $95,000 has certainly got bulls excited, driven largely by the news of Paul Atkins’ appointment as chair of the U.S. SEC. This has prompted a flurry of ETF inflows and rekindled interest from retail investors. Meanwhile, it seems whales are increasingly buying the dips, adding fuel to the bullish fire, with technical indicators like the Relative Strength Index (RSI) reflecting the optimism.

As it stands, Bitcoin is trading at approximately $95,140, marking a 1.65% increase over the last 24 hours and attracting a hefty daily trading volume of around $41.8 billion. The prospects of hitting $110,000 are also being discussed—could it really be next?

The mood surrounding cryptocurrency has noticeably shifted to the bullish side. Recent statements from U.S. President Trump, including suggestions about a Bitcoin reserve, have got folks buzzing. Additionally, the SEC’s decision to pause crypto enforcement has been seen as a green light for institutional investment and DeFi opportunities.

Analysts are eyeing a potential thinning order book above the $100,000 level over the weekend. Should Bitcoin push through this barrier, some predictions suggest that it might rally toward $110k, buoyed by strong buying pressure. A breach of $100,000 could trigger a rush of FOMO-driven buying, especially if long-term holders restrict supply.

On the flip side, there are significant concerns about a potential drop. Some analysts are warning that Bitcoin might fall 20% after hitting the $100k mark, primarily due to over-leveraged futures positions in play. “The market is highly leveraged, which could lead to cascading liquidations,” one analyst warns, adding that there’s a risk of a double-top forming around $98,000. If this occurs, a fast drop back to $90,000 or even $88,000 could happen quickly.

With Bitcoin’s dominance at an all-time high, there’s speculation about a shift back to altcoins like Solana and Ethereum, which might slow down Bitcoin’s upward momentum. External factors—a market dip or tariff fears—might also weigh on the overall crypto market.

What’s super important this weekend? A few critical aspects could determine Bitcoin’s fate:

1. ETF Momentum: Continued institutional buying could be the catalyst Bitcoin needs to reach $100k by Sunday—another influx of ETF investments could help.
2. Whale Movements: On-chain data suggests whales are buying heavily, but any sudden sell-off could reverse the market.
3. Key Levels: The range between $98,000 and $100,000 is crucial. Breaking above could lead to a surge, but a rejection may see BTC awkwardly retreat to around $92,000.
4. Macro Triggers: Any unexpected announcements from President Trump may also shake things up significantly.

Bitcoin’s near-historic run is about more than just numbers; crossing the $100k threshold symbolizes a key psychological milestone. A successful push could further cement Bitcoin as a serious asset class, attracting interest from large investors but any drastic fall would undoubtedly renew doubts about its stability.