A Technical Rally to $100,000 Remains Possible
The current bearish pressure on Bitcoin doesn’t necessarily signal an imminent collapse. Analyst Monsieur Wall Street points out that available sell-side liquidity remains insufficient to support a brutal drop. This technical configuration opens the door to a relief movement that could propel BTC between $98,000 and $104,000 in the coming weeks.
This scenario is based on identifying major liquidity pockets and unfilled Fair Value Gaps in this price zone. These levels act as magnets for price action in a context of high volatility. However, the analyst warns that this rebound would likely constitute a bull trap rather than the beginning of a new major impulse.
This is indeed a scenario anticipated by the best traders currently, such as DrProfit and Killa. Nevertheless, they also announce “a chop,” a period of sideways movement for several more weeks before another drop after March.
The $65,000-$75,000 Zone as Major Support
The bearish consensus for 2025 is strengthening among many seasoned analysts. Lark Davis believes that Bitcoin has already reached its cyclical peak at $126,000, marking both a price top and a temporal high point according to historical cycles. This view finds resonance in Fidelity’s analysis, which identifies 2025 as a year of bearish consolidation.
Monsieur Wall Street anticipates a test of the $64,000-$70,000 range by the end of the first quarter or early second quarter 2025. This zone corresponds to robust technical support levels that have historically attracted institutional buyers. Nevertheless, he warns that this correction may not represent the final cycle bottom, but rather a first significant readjustment.
The macroeconomic environment reinforces this cautious scenario. Options data analyzed by Alex Thorn of Galaxy Digital reveals extreme uncertainty: the market assigns almost equal probabilities to Bitcoin at $50,000 or $250,000 by the end of 2026. This unusual dispersion of expectations reflects the prevailing confusion rather than clear conviction.
Long-Term Vision: The Bullish Trend Remains Intact
Beyond the expected turbulence in 2025, Bitcoin’s long-term fundamentals remain solid. Alex Thorn maintains a projection of $250,000 by the end of 2027, driven by decreasing volatility and accelerating institutional adoption. BTC is gradually evolving toward a mature macroeconomic asset, less sensitive to pure speculative movements.
Analyst Sykodelic reinforces this thesis by comparing Bitcoin to global liquidity and gold. According to his models, the current fair value would be around $153,000, which suggests significant revaluation potential once price converges toward its long-term historical averages. This fundamental approach offers a reassuring contrast to short-term volatility.
The MTC-Rainbow cloud analysis suggests a rebound to $100,000 followed by a drop to $57,000. In any case, it will be necessary to monitor whether Bitcoin approaches $98,000-$104,000 and expect a violent bearish reversal.
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