Bitcoin rally aims at $ 100,000 with strong support at $ 95,000

• 649,600 BTC between $ 95.193 and $ 97.437 bought.
• support worth $ 61.6 billion could protect BTC from reset.
• key support is $ 93,625 and $ 91,521.

Bitcoin shows signs of sustainable recovery after weeks of consolidation, whereby technical indicators indicate a possible movement in the direction of the $ 100,000 mark.

Current on-chain data and trade pattern indicate a renewed bullish sentiment, while investors keep their positions, which may be strong support at the current level.

Since the central banks maintain cautious monetary policy positions and the institutional interest in crypto is still high, Bitcoin is again a focus for dealers who are looking for possibilities with high profits.

This relaxation also covers with a broader increase in risk systems and emphasizes renewed optimism in global financial markets, which increases the role of Bitcoin as a barometer of the investor trust.

MVRV return reflects earlier bull cycle constellation

The ratio of market value to realized value (MVRV), a crucial indicator for the market cycle of Bitcoin, has recovered from average of 1.74. Historically, this level marked the early phases of large price increases.

A similar trend was observed in mid-2024 when a return from this level was followed by a strong increase in BTC prices during the Yen-Carry Trade processing.

This increase led to Bitcoin reaching a temporary maximum before it entered a correction phase. The current rush from the same level of proportion indicates that a bullish setup may be underway again. The market structure seems to be repeated, whereby the MVRV ratio acts as an early signal.

$ 61.6 billion in BTC creates price buffer between $ 95,000 and $ 97,000

according to the iOMAP model from intotheblock were around 649.600 BTC between $ 95.193 Bought $ 97.437. In the current prices, this invites a value of over $ 61.6 billion.

This accumulation zone is crucial because it offers a solid support basis for Bitcoin if the current owner avoids selling prematurely to reach the break-even.

historically, if so large volumes are kept in a narrow area, either a strong support floor forms or becomes a resistance line if the sentiment deteriorates.

In this case, the bullish setup is strengthened by the assumption that the owners are not in a hurry, especially since Bitcoin approaches the psychological $ 100,000 mark.

The high staggering level within this area could act as a springboard.

If BTC increases beyond $ 97,437, this zone could switch to permanent support, which would further increase the bullish momentum.

, however, if the investor trust change and the sales pressure increase, this support could break, which changes the short-term market perspective.

Bitcoin price aims at outbreak over $ 95,761 from

Bitcoin currently at $ 95,429 and shows signs of a stable short-term upward trend over the last three weeks.

The key area that needs to be observed at short notice is $ 95,761.

Source: Coinmarketcap

BTC has consolidated directly under this resistance zone for about a week, and an outbreak could trigger a rally towards $ 98,000.

The current price movement indicates that BTC tries to secure $ 95,761 as support. If this is successful, this would open the way for a movement at $ 98,000 and finally at $ 100,000.

These levels are both psychologically significant and technically relevant due to the previous market activity.

On the downward side, keeping $ 93,625 could fail, which could press BTC to $ 91.521.

A case under this support would invalidate the current bullish trend and indicate a possible return to the market tunnel.

dealers pay close attention to the price behavior near these levels to confirm the next movement.

Technical Setup favors short-term profits

The current price movement reflects the increasing trust of the investors, supported by a mixture of technical and on-chain indicators.

The decline in the MVRV ratio, large-scale purchases at important price levels and a visible upward trend in commercial activity all contribute to a positive sentiment around Bitcoin.

If the dynamic stops, the resistance zone between $ 97,437 and $ 98,000 could soon be tested.

A breakthrough would not only confirm the bullish thesis, but also bring the goal of $ 100,000 within realistic reach.

However, every sign of a reversal requires caution, since the sentiment continues to be sensitive to macroeconomic information and regulatory developments.