A slip under the psychological $100,000 mark could scare the crowd—but for disciplined traders it may be the moment that refills opportunity. Analyst Geoffrey Kendrick frames a potential dip as a short-lived reset within a larger uptrend, maintaining a conservative Q3 target near $135,000. In a market where timing and positioning drive edge, treating volatility as a tool—not a threat—can make the difference between being trapped in whipsaws and buying strength at a discount.

What’s Happening

Kendrick suggests Bitcoin may briefly trade below $100,000 as part of a normal correction. Rather than signaling trend failure, he views it as groundwork for the next phase higher, with a measured target around $135,000. The message: a temporary valuation pullback can reset leverage, rebuild momentum, and realign risk/reward for the next leg.

Why It Matters to Traders

A break of a big round number tends to trigger stop cascades, forced liquidations, and a fast liquidity sweep. That often creates: - Better entries for patient bids - Improved reward-to-risk as price reclaims key levels - Clear invalidation if the dip extends

For active traders, the key is to plan for both the wick-and-reclaim and the deeper, slower correction.

Two Likely Scenarios

• Wick and Reclaim: Sharp flush below $100k, quick rebound above. Momentum traders look for a clean reclaim with volume; swing traders add on retests of reclaimed support.
• Deeper Grind: Multi-week drift under $100k with fading leverage and rising spot demand. Accumulators scale in; trend traders wait for a higher-low and moving-average crossovers.

Actionable Playbook

• Stage entries: Place staggered limit bids just below and around $100k; avoid going “all-in.”
• Define invalidation: Pre-set stop levels; if the structure breaks, exit without hesitation.
• Use options intelligently: Collars or protective puts to cap downside; sell covered calls on strength to reduce basis.
• Watch the signals: Funding and open interest (leverage reset), spot vs. perp premiums (real demand), and breadth across majors.
• Size for volatility: Keep per-trade risk small; assume higher intraday ranges post-break.

Key Levels and Triggers

• $100,000: Psychological pivot. Look for a decisive reclaim with rising spot volume.
• Prior weekly supports/resistances: Use HTF closes to validate trend health.
• $135,000 target zone: Treat as a take-profit area, not a certainty—trail stops into strength.

Risk Management First

• Avoid high leverage into a breakdown; volatility expands when round numbers snap.
• Maintain a cash buffer to buy dislocations, not chase bounces.
• Prepare for headline risk and macro prints; widen stops or reduce size ahead of events.

Bottom Line

If price dips under $100,000 and reclaims it with confirmation, the setup favors asymmetric entries with clearly defined risk and a patient path toward $135,000. Build your plan now—entries, invalidation, and scaling rules—so you act on signals, not emotions.

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