Bitcoin’s uptrend isn’t cracking—it’s catching its breath. Multiple respected analysts say a swift dip toward the psychological $100,000 zone could be the final shakeout before the next leg higher, with a path toward $130,000 and even $150,000 into mid-2026. With institutional demand building and macro catalysts on deck, traders face a rare window where short-term volatility may set up high-conviction, longer-term entries.

What Analysts See Right Now

Bitcoin has respected an ascending channel since late 2023. According to IncomeSharks, price is consolidating below resistance at $115,000–$118,000 while buyers repeatedly defend $95,000–$100,000. A quick retrace into that support is characterized as healthy consolidation, not a trend break. The base case: a minor pullback, a reset of liquidity, then continuation toward $130,000 and possibly $150,000.

Why It Matters to Traders

Analysts Wilmar and Ted flag a potential liquidity rotation out of gold and into Bitcoin, alongside rising exchange-level accumulation—“even Binance… has turned into a buyer.” That backdrop can compress supply during dips. Meanwhile, macro events—CPI (Oct 24) and FOMC (Oct 29), noted by SuperBro—could spark short-term volatility and liquidity sweeps that fuel a Q4 rally once the dust settles.

Key Levels and Scenarios

- Support: $95,000–$100,000 (accumulation zone). Lose $95,000 decisively and the channel thesis weakens. - Resistance: $115,000–$118,000. A strong daily close above $118,000 opens room to $130,000. - Trend: Ascending channel intact since late 2023; mid-upper channel currently acting as mild resistance.

Actionable Trade Setups

• Ladder spot bids across $100,500 → $97,000 with a final bid near $95,500, aiming to capture a volatility wick. Keep sizing modest and predefine invalidation below $95,000.
• Breakout plan: Set alerts at $115,000 and $118,000. If price retests and holds above $118,000, consider momentum adds with tight risk controls.
• Hedge around catalysts: Into CPI/FOMC, reduce leverage or hedge with options where available; vol spikes can whipsaw perp positions.
• Take-profit ladder: Scale out near $125,000 and $130,000; leave a runner for a potential extension toward $150,000.
• Risk discipline: Position size for a 1–2% account risk per idea; volatility can expand around macro prints.

Risks to Monitor

A hotter-than-expected CPI or a hawkish FOMC could deepen the retrace below the channel midline. Elevated open interest and crowded longs raise liquidation risk; equally, aggressive new shorts may become squeeze fuel. Liquidity pockets above $115,000 and below $100,000 can trigger abrupt moves—plan entries and exits, don’t chase.

The Bottom Line

The market’s message is clear: strong trend, fragile path. A dip into $95,000–$100,000 aligns with the current structure and may offer high-quality entries if the channel holds—while a breakout above $118,000 signals trend acceleration. Prepare plans for both outcomes, respect risk, and let the macro catalysts set the stage.

If you don't want to miss any crypto news, follow my account on X.