Can Bitcoin actually reach $100,000 this year? If you have been watching the charts lately, the signals are getting harder to ignore.
Bitcoin just crossed $80,000 for the first time in three months. And this is not just a random price jump. Big players — whales — bought over 4,527 BTC worth roughly $362 million in just 24 hours.
When smart money moves that fast, something is usually brewing. Yet on-chain activity sits at two-year lows.
So what does that mean for you? Let's break it all down.
As per the popular crypto analyst Ali, the weekly MACD crossover fired on April 13. Historically, this exact signal has been one of the most reliable trend-starters in Bitcoin's history. In October 2023, it led to a 147% rally. In October 2024, prices jumped 75%.
Even the May 2025 crossover brought a clean 35% move. Since this latest crossover, Bitcoin is already up 15%. If history repeats even partially, the BTC price prediction points well above $80K.
On the daily chart, BTC is testing the 200 EMA sitting near $82,000. This is the single most important line on the chart right now. A clean daily close above $82K opens the door to $89,000 first, then $94,000.
Fibonacci levels confirm these zones as major resistance-turned-support areas. The RSI sits at 67.74 — strong but not yet overbought, leaving room to run.
In the past 24 hours, whales snapped up 4,527 BTC — roughly $362 million worth. That is not scared money. That is conviction buying at a key breakout level.
At the same time, net realized profits spiked to $207 million on Sunday, the highest in a month. Here's why that's actually bullish: the market absorbed hundreds of millions in profit-taking and still pushed above $80K.
When supply meets that much demand and prices still rise, it signals a healthy, confident market — not a fragile one.
Here is the tricky part. As per Santiment, On-chain activity has dropped to 2-year lows — only 531K daily transfers and 203K new wallets created each day. Normally, rising prices pull in new users.
That is not happening yet. But here is the flip side: Bitcoin is already reclaiming $80K with barely anyone showing up. When retail finally wakes up and wallet creation picks back up toward 2024–2025 peaks, the fuel for a bigger move arrives fast.
Net realized profits hit $207.56 million last Sunday — the highest in a month. Rather than being bearish, this shows strong buyer demand absorbing heavy selling pressure.
New buyers stepping in near $80K build a solid support floor. Bears and bulls are fighting hard, too — $342 million in liquidations in 24 hours tells you this battle is real and active.
Short-term target: $89,000. Mid-term target: $94,000. If the weekly MACD trend holds and retail interest returns, the path toward $100,000 remains open. The bear flag pattern forming on the daily chart adds caution — a breakdown below $77,000 would change the setup.
This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.