Bitcoin Nears $100,000 : What Does The Future Hold ?

The world of crypto is set to cross an iconic milestone: Bitcoin is nearing the symbolic threshold of 100,000 dollars. This event triggers mixed expectations, with euphoria among investors and caution among analysts. At the dawn of this new phase, several questions arise: will this record mark a decisive turning point towards a new era of widespread adoption, or will it precede a brutal market correction?

A rally fueled by powerful catalysts

A peak followed by a potential correction ?

Despite these optimistic perspectives, some technical signals urge caution. The RSI (Relative Strength Index), which measures momentum strength, shows signs of bearish divergence, similar to those observed before the 77 % drop in 2021. Furthermore, investors note that Bitcoin could reach 100,000 dollars before undergoing a major correction, which would bring its price back around 60,000 dollars. This level would coincide with a key moving average, the 50-week EMA, often regarded as critical support in case of a downturn.

Such an anticipated correction, although critical, could also provide opportunities. Historical data shows that significant declines have often preceded substantial rebounds, attracting strategic investors. If this trend continues, the market could see a return to 100,000 dollars or beyond, particularly due to ongoing institutional interest and increased adoption of Bitcoin ETF.