Bitcoin Price Above A 2-Week Range: Will This BTC Crypto Rally Continue Above $100,000?

by Adrian Russell
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Bitcoin price approaching $90,000. Will China crypto news and institutional demand drive BTC to $100,000, igniting a crypto bull run?

Bitcoin price is firm at press time, up a decent 3% in the past 24 hours. With improving prices and the coin possibly bottoming up, confidence is high that the BTC could turn the corner after March losses.

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Bitcoin Price Breakouts

As of this writing, the Bitcoin price has broken above a two-week trading range, with optimistic buyers eyeing a retest of key psychological levels at $90,000 and $100,000.

The bullish revival and investor confidence that a Bitcoin rally to $100,000 is inevitable could explain why the Fear and Greed Index is shifting from “extreme fear” to “fear” and slightly bullish territory.

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Rising crypto prices have pushed the total market cap close to $3 trillion and may even break $3.5 trillion if bulls continue to push.

Technically, buyers have an edge, and if they persist, the world’s most valuable coin could ignite a crypto bull run, confirming the strength of Q4 2024 buyers.

(BTCUSDT)

Immediate resistance lies at $90,000, while support holds at the $75,000–$80,000 zone. A break above this liquidation zone could propel the coin toward $100,000 and all-time highs near $109,000.

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Is This the Best Time to Buy Bitcoin (BTC)?

One analyst, reviewing on-chain data, notes that aggressive selling from recent months has subsided, easing pressure on some of the hottest presales to consider buying in 2025.

In a post on X, he suggests this trend indicates investors are holding their coins, expecting price gains—likely if no negative macroeconomic or market catalysts emerge.

Another analyst highlights that the market value to realized value (MVRV) ratio is around 0.93, meaning short-term Bitcoin holders (those who bought within the last 90 days) are at a 7% unrealized loss.

Historically, these conditions signal strategic buying opportunities, especially for long-term holders.

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Eyes on China Crypto News and US Institutions

Beyond technicals, fundamental factors could drive demand.

Recently, a Hong Kong spot Bitcoin ETF issuer hinted that China might consider reversing its crypto trading ban.

If restrictions ease, new demand from Chinese investors, sidelined since 2017, could emerge.

Meanwhile, US institutions are showing interest.

On March 21, investors purchased over $83 million in spot Bitcoin ETF shares. If Bitcoin prices rise today, institutions may double down.

Bitcoin price approaching $90,000. Will China crypto news and institutional demand drive BTC to $100,000, igniting a crypto bull run?

The current trend suggests prices could climb after a period of accumulation.

Sustained momentum could push Bitcoin above $90,000, paving the way for a $100,000 close.

However, the growth pace hinges on institutional capital inflows and positive sentiment channeling funds into crypto and even some of the best Solana meme coins to buy.

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Bitcoin Breakouts From 2-Week Range: BTC To $100K?

  • Bitcoin Price Breakout: BTC rises 3% in 24 hours. Up next $100,000? 
  • Bullish Crypto Sentiment: Bulls are optimistic as prices approach $90,000 
  • Crypto Bullrun: Crypto market cap nears $3 trillion 
  • Institutional & China Crypto News Boost: $83M in ETF buys and possible China policy shift could fuel BTC demand 

The post Bitcoin Price Above A 2-Week Range: Will This BTC Crypto Rally Continue Above $100,000? appeared first on 99Bitcoins.





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