Bitcoin price jumps to $ 94,680, destination $ 100,000 in the face of increasing greed signals

• 10 % weekly profit marks the strongest price increase from Bitcoin for weeks.
• The profit/loss ratio is close to 1.0 and indicates a possible outbreak.
• Gierensentmentality has reached its highest level since November 2024.

Bitcoin exceeded the $ 90,000 mark after five weeks sideways, and rejects enthusiasm throughout the cryptocurrency market.

Bitcoin is currently being traded at around $ 94,680, which corresponds to an increase of over 10 % last week and approaches the important level of resistance of $ 95,761

Source: Coinmarketcap

investors observe exactly because an increase via this threshold Bitcoin could bring to a clear course in the direction of the $ 100,000 milestone.

However, the mood indicators also show signs of overheating, whereby the giers level under the Bitcoin owners have reached their maximum since Donald Trump election on November 5, 2024

Although the dynamics remains positive, the market conditions indicate that Bitcoin is a sensitive balance between maintaining its increase and avoiding a decline caused by the mood.

dealers, analysts and institutional investors observe exactly how Bitcoin will behave in the upcoming meetings near these important technical levels.

Bitcoin rally wins on driving, while P/L ratio is closer to 1.0

The macroeconomic dynamics of Bitcoin strengthens, while the profit/loss (p/l) ratio of the neutral brand of 1.0 comes closer.

A ratio of 1.0 reflects an equal number of coins that show profit and loss, which signals a healthier and more balanced market structure compared to earlier times.

Historically, this level has been a strong resistance while bear cycles, but a successful outbreak through this level could clear the way for further profits and a renewed trust of the investors.

Nevertheless, an almost neutral P/L ratio often leads to volatility. Investors who have covered their costs or make moderate profits could be tried to sell what sales pressure produces, even if the general mood remains positive.

The ability of Bitcoin to preserve strength will depend on whether the owners remain committed while the price is testing new highs, especially since short-term dealers are striving for quick profits.

increasing greed emphasizes the risks for Bitcoin

The investor mood compared to Bitcoin has become significantly more optimistic.

Data from social media show an increase in Bullisher contributions, whereby the current levels of optimism are comparable to those of November 5, 2024, when Donald Trump was chosen.

trade forums, news platforms for cryptocurrencies and blockchain analysis tools have all reported a remarkable increase in volume positive Bitcoin comments, which reflects the widespread bullishness.

While this growing trust drives the rally from Bitcoin, it also carries the risk of a maximum of the mood.

When the greed of investors reach their peak, the markets often experience abrupt corrections because dealers hastily secure profits.

The price development of Bitcoin in the coming days will largely depend on whether the investors keep through the volatility or trigger a wave of profit.

The maintenance of the dynamics via important resistance levels could prevent a deeper correction, but the scope for errors seems to be low.

Resistance and support zones in focus

The immediate resistance of Bitcoin is $ 95,761. A crucial breakthrough above this level could accelerate the profits and bring Bitcoin to test the psychological brand of $ 100,000.

The persistent greed among the dealers could discourage profit treatment and instead the prices drive even further when the dynamics remain strong, which creates the potential for an explosive rally.

If Bitcoin cannot hold its course and falls below $ 93,625, the risk of a decline increases significantly.

Another decline towards $ 91,521 could weaken the bullish dynamic, while a lower decrease to $ 89,800 could extend the consolidation phase of Bitcoin, which may lead to a re-evaluation of the bullish expectations.

At the moment, bitcoins next steps are expected to depend on a combination of technical breakdowns, trends in the investor mood and the conditions of the broader marketlliquidity.