{"id":4524,"date":"2025-04-23T12:41:33","date_gmt":"2025-04-23T11:41:33","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=4524"},"modified":"2025-04-23T12:41:35","modified_gmt":"2025-04-23T11:41:35","slug":"bitcoins-rally-unstoppable-could-hit-100000-this-week","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoins-rally-unstoppable-could-hit-100000-this-week\/","title":{"rendered":"Bitcoin’s Rally Unstoppable : Could it Hit $100,000 This Week ?"},"content":{"rendered":"\n
The cryptocurrency market is experiencing a resurgence this week. The Bitcoin (BTC)<\/a><\/strong>, the central driver of the ecosystem, is attracting attention with a +12%<\/strong> increase over the past week.<\/p>\n\n\n In this bullish context, a specific technical configuration \u2014 a Harmonic “Cypher” pattern<\/strong> \u2014 is emerging on the daily chart of BTC. This signal could anticipate a continuation of the rally<\/strong> towards a symbolic level: $100,000<\/strong>\u2026 or even beyond.<\/p>\n\n\n\n A Harmonic pattern is a precise chart analysis tool based on Fibonacci retracement ratios<\/strong>. In this case, it’s a Cypher<\/strong>, usually interpreted as a continuation<\/strong> signal, despite its structure resembling a reversal.<\/p>\n\n\n\n On the daily Heikin Ashi candlestick chart, the following configuration stands out:<\/p>\n\n\n\n Despite a slight deviation on the Fibonacci extension (Point C < 1.27 ideally), the pattern remains valid, offering interesting short-term upside potential. Since Point C, BTC has already surged by over 25%<\/strong>, currently trading<\/a> around $94,269<\/strong>.<\/p>\n\n\n\n If the Cypher pattern confirms, the next major target to watch is Point D at $102,546<\/strong>. This would represent a nearly +9%<\/strong> increase from the current level. Before that, an intermediate hurdle stands at $97,043<\/strong>, corresponding to the 61.8% Fibonacci retracement of impulse XC \u2014 a critical zone monitored by short-term traders<\/a>.<\/p>\n\n\n\n Additionally, this formation also displays a “W” pattern on Bitcoin, a pattern widely used by traders. As a result, many traders<\/a> might take profits anticipating a retracement after this “W”.<\/p>\n\n\n Key levels to monitor:<\/p>\n\n\n\n Although the indicators have not been detailed on the chart, several points confirm the current momentum:<\/p>\n\n\n\n The trend is still dominated by the bulls<\/strong>, supported by more stable macroeconomic fundamentals and reduced selling pressure post-halving<\/a>.<\/p>\n\n\n\n Institutional investors, often cautious around psychological levels (like $100,000), may take an active stance if the $97,000<\/strong> resistance is breached with volume.<\/p>\n\n\n\n As long as the Harmonic pattern remains valid:<\/p>\n\n\n\n
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Bitcoin (BTC) Targets<\/strong><\/h2>\n\n\n\n
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What to Do ? Advice and Possible Scenarios<\/strong><\/h2>\n\n\n\n
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