Bitcoin May Break Past $100K Soon, Says Analyst
By: bitcoin ethereum news|2025/05/03 12:15:01
0
Share
Amid the stable market conditions witnessed on Friday, on-chain analytics platform Glassnode has spotted a key resistance zone for Bitcoin. Recent metrics suggest that some $BTC holders may be making an exit soon. The analytics firm has revealed that Bitcoin will be weighing between bullish momentum and sell-side pressure from long-term holders soon, as the cryptocurrency moves toward the next breakout level while LTHs will be looking to take profits. Bitcoin to $100,000: how soon? While recent movements have seen Bitcoin closely approaching the $100,000 mark, a key resistance zone may halt its rally in the short term, as CoinGlass data shows that a significant number of BTC were acquired between $95,000 and $98,000. This implies that many holders may be eyeing a breakeven exit, thereby causing a temporary decline before the next breakout point. While long-term holders often contribute majorly to bullish momentum, they have the power to influence Bitcoin’s price potential at a time like this. Although it is uncertain when the roadblocks will occur, Bitcoin is already establishing stable trends, signaling an emerging price retreat. According to the analyst, Bitcoin long-term holders may be distributing more aggressively once their unrealized profits hit around 350%. This corresponds closely with a Bitcoin price of roughly $99.9K. You Might Also Like If Bitcoin can neatly cross this level, the crypto will become open to a fresh breakout, thereby opening its path to discovering new price levels above $100K. While Bitcoin has shown resilience in recent price movements, it maintained a stable position during the later hours of May 2nd after rallying as high as $97,811 earlier. The token is trading steadily at around $97,050 as of press time, according to data from CoinMarketCap. Amid its resilient signals, Bitcoin has secured investors confidence as further data shows that over 254,000 BTC have remained untouched for more than 155 days. While many of the BTC were bought at above $95k, it appears that many long-term holders are still willing to continue accumulating the token and hold even through volatility. Source: https://u.today/bitcoin-may-break-past-100k-soon-says-analyst
You may also like
What Is Futures Trading? Hours, Platforms, and How to Start Trade Futures(2026 Guide)
Learn how to start futures trading, understand trading hours, and choose the best futures trading platform. Includes real data, strategies, and ways to maximize returns with rebates.
The Rise of Composable RWA
27 billion RWA funds are undergoing a major reshuffle: U.S. Treasury bonds are "cooling off," while high-yield credit assets are quietly dominating the DeFi lending market with permissionless designs. This article reveals the explosive logic behind composable RWA.
MAGA Up 350% in 24 Hours, PEPE Up 46% in One Day: Which Memecoins Are Next in 2026?
MAGA +350% in 24hrs. PEPE +46% in one day. RAVE +4,500% then -90%. In 2026's memecoin market, the gains are real. So are the traps? Here's how to tell the difference before you buy.
RCD Espanyol vs Real Madrid: Can the Pericos Delay the Inevitable?
RCD Espanyol vs Real Madrid lineups, standings, and stats for May 3, 2026. Real Madrid visits RCDE Stadium as Barcelona closes in on the LALIGA title. Full preview inside.
MegaETH goes live with an FDV exceeding 2 billion USD. Which ecological projects are worth paying attention to?
The financing and team backgrounds of many projects in the MegaETH ecosystem are rich, making it the most prosperous ecosystem among unlaunched public chains, and it is currently the focus of attention for profit-seekers.
Dialogue with "Wood Sister" Cathie Wood: The next bull market is about to arrive
The correlation coefficient between gold and Bitcoin is only 0.14. In the past two cycles, gold started before Bitcoin, and this time is no different.
Can prediction markets win the competition for perpetual contracts?
Polymarket and Kalshi have entered the perpetual contract arena. In the face of Hyperliquid's "cross-margin" dimensional reduction attack, can the prediction market break the curse of loss and turn the tide?
Who is trading on Trade.xyz?
A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...
Binance quietly placed a bet on a leading large model company
In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.
Best Crypto Discord Server 2026: Why Jacob’s Crypto Clan Is Gaining Massive Attention
Jacob’s Crypto Clan has grown into one of the most active crypto Discord communities, with over 45K members and continuing to expand. This rapid growth reflects strong demand for structured trading insights and real-time collaboration.
Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down
Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.
Stripe Sessions 2026: AI Agent, Global Payments, and Invisible Crypto Infrastructure
Stablecoins have finally begun to enter the real business world, but this time, the main character may not be exchanges, wallets, or public chains, but Stripe. It encapsulates KYC, wallets, gas, compliance, and settlement, allowing businesses to access on-chain assets just like using regular payment...
Where will South Korea's cryptocurrency taxation head?
There is little time left before South Korea implements cryptocurrency taxation, but the current tax laws only cover simple spot and currency-to-currency transactions. Driven by the international tax information exchange standard (CARF), South Korea is comprehensively building an intelligence analys...
Legendary investor Naval: Apple is dead, SaaS will follow suit, and entrepreneurs have 18 months to reshape their moats
"You can continue to hold Apple stock. Just don't expect that what you hold is stock in a growth company."
Morning Report | Visa includes Polygon in its global stablecoin settlement program; MoonPay invests $100 million to acquire security company Sodot; Digital wallet platform Belo completes $14 million Series A financing
Overview of Important Market Events on April 29
Full text of the Federal Reserve's decision: Holding steady for the third consecutive time but increasing divisions
The Federal Reserve has kept interest rates unchanged for the third consecutive time, but there were internal voting disagreements, with one official advocating for a rate cut while three others opposed signaling easing. The situation in the Middle East and fluctuations in energy prices further ampl...
Dan Bin takes action, building a position in Circle
If Web3 only stays at the level of price and narrative, traditional capital will find it difficult to truly enter; but once a group of companies that can be clearly explained and included in balance sheets begins to emerge, the way the industry participates will change.
The Impossible Triangle of DeFi Lending
Borrowers want fixed interest rates, while lenders seek immediate liquidity; this is the dilemma of on-chain lending, where both cannot be achieved simultaneously.
What Is Futures Trading? Hours, Platforms, and How to Start Trade Futures(2026 Guide)
Learn how to start futures trading, understand trading hours, and choose the best futures trading platform. Includes real data, strategies, and ways to maximize returns with rebates.
The Rise of Composable RWA
27 billion RWA funds are undergoing a major reshuffle: U.S. Treasury bonds are "cooling off," while high-yield credit assets are quietly dominating the DeFi lending market with permissionless designs. This article reveals the explosive logic behind composable RWA.
MAGA Up 350% in 24 Hours, PEPE Up 46% in One Day: Which Memecoins Are Next in 2026?
MAGA +350% in 24hrs. PEPE +46% in one day. RAVE +4,500% then -90%. In 2026's memecoin market, the gains are real. So are the traps? Here's how to tell the difference before you buy.
RCD Espanyol vs Real Madrid: Can the Pericos Delay the Inevitable?
RCD Espanyol vs Real Madrid lineups, standings, and stats for May 3, 2026. Real Madrid visits RCDE Stadium as Barcelona closes in on the LALIGA title. Full preview inside.
MegaETH goes live with an FDV exceeding 2 billion USD. Which ecological projects are worth paying attention to?
The financing and team backgrounds of many projects in the MegaETH ecosystem are rich, making it the most prosperous ecosystem among unlaunched public chains, and it is currently the focus of attention for profit-seekers.
Dialogue with "Wood Sister" Cathie Wood: The next bull market is about to arrive
The correlation coefficient between gold and Bitcoin is only 0.14. In the past two cycles, gold started before Bitcoin, and this time is no different.
Popular coins
Latest Crypto News
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com