Bitcoin (BTC) has entered a crucial phase as it approaches the $100,000 mark. After a massive surge triggered by political shifts in the U.S., which led to a new all-time high (ATH) above $108,000, BTC has retraced slightly but is now positioning itself for another attempt at breaking through the $100K resistance. With the new presidential administration and an upcoming Federal Open Market Committee (FOMC) meeting adding to the uncertainty, the crypto market’s behavior is becoming more unpredictable.

So, the burning question is: Will Bitcoin’s price maintain momentum above $100K, or will it face another rejection and fall back?

Bitcoin’s Liquidity Zones and the $100K Target

Bitcoin’s recent price action has placed it in one of the most significant liquidity zones in its history. After breaking above $99,000, BTC has been navigating a series of key resistance and support levels, attempting to validate its rise above the $100K target.

The current focus is on the liquidity zone around $99,694.98, where over $28 million in long positions have been leveraged. While Bitcoin’s price did experience slight retracements after previously testing the $99,373 and $99,534 zones, the token has managed to maintain a consolidated ascending trend. This suggests that, while volatility remains, BTC is gearing up for a rebound that could push it to the $100K mark in the near future.

As Bitcoin continues to test these critical liquidity zones, it’s essential to monitor the next steps closely. The price has encountered resistance between $98,602 and $99,561, which is a pivotal range. A breakout from this zone would likely propel Bitcoin to its next milestone: $100,000.

Bulls vs. Bears: Will the Breakout Be Sustainable?

BTC’s daily chart shows a compression pattern due to decreasing volume, indicated by the narrowing Bollinger Bands. Despite this, the Directional Movement Index (DMI) is showing a bullish crossover, and the Average Directional Index (ADX) suggests bullish divergence. This indicates that, even though volume is shrinking, there is still underlying bullish pressure pushing the price higher.

Once Bitcoin breaks above the current resistance levels, the next challenge will be the liquidity zones just above $100K. Between $100,016 and $100,177, more than $55 million in long positions are currently leveraged. This massive liquidity could trigger a wave of liquidations if Bitcoin encounters any significant pullback at these levels. However, given the overall bullish sentiment, it’s likely that any pullback will be followed by a strong rebound.

In the short term, Bitcoin is expected to test the upper boundaries of this zone. If the price breaks through, the next target will be the $110K level, which many analysts believe could be reached within the month. The anticipation is that this will mark the start of the final and most exciting phase of the bull run.

2025 Outlook: Is $250K or More Possible?

As Bitcoin enters 2025, the excitement around the cryptocurrency’s potential continues to grow. With some analysts projecting a price target of $250K to $300K for Bitcoin in the coming year, the current rally is seen as just the beginning. The higher targets are tough to estimate, as the market is experiencing unprecedented bullish activity, driven by a mix of factors, including institutional investments, ETF inflows, and overall positive sentiment surrounding digital assets.

The future of Bitcoin is bright, but the path to higher prices will likely involve several liquidity tests and resistance breaks. Bitcoin’s price is well on track to potentially form a new ATH above $110K, but investors should remain vigilant for any signs of retracement or volatility.

Conclusion: Bitcoin’s Journey to $100K and Beyond

Bitcoin’s price is rapidly approaching a crucial liquidity target near $100K, with key resistance zones to break through. The cryptocurrency’s bullish momentum, fueled by institutional interest and favorable market conditions, is setting the stage for what could be a monumental year. However, with large leveraged positions in play, any pullbacks or liquidations could shake the market temporarily.

The ultimate question remains: Will Bitcoin push past $100K and maintain momentum, or will it face another rejection? The answer depends on how Bitcoin handles its current resistance zones and liquidity levels. With 2025 expected to be a defining year for the crypto market, the next few weeks could provide critical insights into Bitcoin’s potential to reach new all-time highs.