Bitcoin Nears $100K As Bullish Structure Mounts

Bitcoin (BTC) is once again pressing into one of the most closely watched technical zones of the current cycle, with price hovering just below the $100,000 level.

According to prominent cryptocurrency trading analyst Michaël van de Poppe, the market is approaching what he describes as the “final hurdle” before a potential six-figure breakout in his X post from January 5.

While momentum has clearly shifted back in Bitcoin’s favor, van de Poppe cautions that the move is unlikely to be immediate or explosive. Instead, he expects a brief period of consolidation before a decisive breakout materializes.

Why $100K Remains A Critical Level

From a technical perspective, the $100,000 region represents more than just a psychological milestone. It also aligns with prior resistance zones that previously rejected the price during late-cycle advances.

Bitcoin has now reclaimed multiple lower resistance levels, turning former supply zones into support. That structural shift is typically a prerequisite for continuation rather than reversal, even if short-term volatility remains elevated.

Van de Poppe emphasized that while traders may be eager for a clean breakout, markets rarely reward impatience at such widely anticipated levels.

Consolidation Before Expansion

Rather than calling for an instant move above $100K, van de Poppe expects Bitcoin to pause briefly as liquidity builds. This type of sideways action often allows leverage to reset and late sellers to exit, creating more favorable conditions for a sustained breakout.

Importantly, the broader structure remains bullish. Higher lows continue to form, and the price has avoided deeper retracements that would otherwise invalidate the current setup.

A Bullish Start To The Year

Van de Poppe also pointed out that Bitcoin’s early-year performance has reinforced the bullish thesis. Historically, strong starts to the year have often preceded periods of trend continuation rather than distribution.

That doesn’t eliminate the possibility of short-term pullbacks, but it does suggest that dips are being absorbed rather than accelerated, a key distinction during late-stage consolidation.

What Comes Next For Bitcoin

Currently, the market’s representative asset is changing hands at the price of $92,521.32, suggesting a 1.32% increase on the day, a gain of 4.42% across the week, and a 3.27% advance over the past month, per the latest chart information.

Whether Bitcoin breaks above $100K this week or briefly consolidates below it, the technical picture suggests the market is positioning for expansion rather than exhaustion.

As van de Poppe noted, the breakout doesn’t need to be dramatic to be meaningful. Sometimes the most significant moves begin quietly, after resistance finally gives way and momentum compounds.

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