Bitcoin Maintains Impressive Momentum, Aiming for the $100,000 Milestone

Over the past week, Bitcoin (BTC) has demonstrated stable growth, rebounding from a local bottom at $83,000 and reaching a peak of $95,000. As of now, Bitcoin is trading around $94,061, marking an 11.75% increase over the week — a clear sign that the upward trend is dominating the cryptocurrency market.

Observing the MACD indicator, Bitcoin’s growth momentum appears exceptionally strong: in a short span, the MACD surged from 137 to 2814 — the highest level recorded since the beginning of 2025. This sharp increase reflects overwhelming buying pressure, with price fluctuations largely moving in a positive direction.
Typically, a high MACD reading reinforces the strength of the prevailing trend. Given the current robust demand, this signals Bitcoin’s potential to continue its upward trajectory in the near future.

The market is also witnessing strong buying interest, laying a solid foundation for further price appreciation on the Bitcoin chart.

What Does the Bitcoin Chart Reveal?

Bitcoin is maintaining significant upward momentum, supported by favorable market conditions. Overall investor sentiment remains optimistic, with many choosing to hold their strategic positions rather than taking short-term profits.

Several positive indicators are reinforcing Bitcoin’s rally, including:

Fund Market Premium has turned positive at 0.2%, suggesting an increasing fear of missing out (FOMO), particularly among institutional investors. This indicates that demand for Bitcoin is expanding into traditional finance sectors.

Bitcoin’s Exchange Netflow has dropped sharply to just $0.078, reflecting a growing trend of accumulation. Investors are prioritizing cold storage and private wallets, demonstrating strong long-term confidence in Bitcoin’s potential.

With sustainable demand and strong participation at key price zones, Bitcoin is well-positioned to set new record highs in the near future.

The immediate target for BTC is the $96,000 mark — a critical price level, as it represents the primary entry point for investors who have been holding Bitcoin for the past three to six months. Should Bitcoin successfully conquer and establish $96,000 as a support level, the market would open the door for a new leg up, aiming for the psychological milestone of $100,000.

However, investors should also be cautious: profit-taking from short-term holders (holding for one to three months) may lead to minor price corrections, with BTC possibly fluctuating within the $88,000–$94,000 range.

Thus, reclaiming and firmly establishing the $96,000 support will be crucial in determining Bitcoin’s ability to sustain and expand its bullish momentum in the near future.