{"id":23823,"date":"2025-04-26T12:41:36","date_gmt":"2025-04-26T12:41:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=23823"},"modified":"2025-04-26T12:41:36","modified_gmt":"2025-04-26T12:41:36","slug":"bitcoin-bulls-target-100000-but-caution-must-prevail-heres-why","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=23823","title":{"rendered":"Bitcoin Bulls Target $100,000, But Caution Must Prevail: Here\u2019s Why"},"content":{"rendered":"<div>\n<p><em>Bitcoin surges past $90K, targeting $100K, but overleverage and low spot volume signal risks. Will BTCUSDT bulls break resistance?<\/em><\/p>\n<p><span data-preserver-spaces=\"true\">With Bitcoin trading firmly above $90,000, bullish sentiment is once again dominating the crypto market discourse. Not only are traders expecting BTC\/USDT to absorb any attempts to break below $90,000, but they also anticipate the coin will easily soar above $100,000, a key psychological level.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/www.tradingview.com\/x\/uKIKJmFF\/\" alt=\"Bitcoin surges past $90K, targeting $100K, but overleverage and low spot volume signal risks. Will BTCUSDT bulls break resistance? \" width=\"1499\" height=\"859\"><\/p>\n<p><strong>(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/x\/uKIKJmFF\/\" target=\"_blank\" rel=\"noopener nofollow\">BTCUSDT<\/a>)<\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">This confidence is partly due to supportive macroeconomic tailwinds, increasing institutional demand, looking at spot Bitcoin ETF flows, and a resilient holder base.<\/span><\/p>\n<p><strong>Explore<\/strong>:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" rel=\"\">9+ Best High-Risk, High\u2013Reward Crypto to Buy in April 2025<\/a><\/p>\n<h2><span data-preserver-spaces=\"true\">Why Bitcoin Traders Should Be Cautious?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">However, despite widespread optimism, several key indicators are flashing caution, throwing a wrench in the bulls\u2019 work. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In a post on X, one analyst noted that while BTC\/USDT price action may appear healthy, underlying metrics suggest growing instability at current levels.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Yesterday marked the highest volume of leveraged positions in Bitcoin&#8217;s history in a single day, totaling $8.41B USD.<\/p>\n<p>Today, $2.4B USD were closed\u2014likely due to Market Makers closing long positions, bear stop triggers, and liquidations.<\/p>\n<p>This indicates aggressive long positions,\u2026 <a href=\"https:\/\/t.co\/325BMmEpBD\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/325BMmEpBD<\/a><\/p>\n<p>\u2014 Joao Wedson (@joao_wedson) <a href=\"https:\/\/twitter.com\/joao_wedson\/status\/1915510354630631580?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">April 24, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">The analyst warned that ignoring these signals could spell disaster for overleveraged traders on major crypto exchanges, particularly Binance, OKX, and Bybit.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">They noted that on April 23, the Bitcoin market recorded its highest-ever volume of leveraged positions. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Over $8.4 billion in open interest was registered in a single day, a milestone signaling both aggression and confidence from speculative long traders.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, it took just 24 hours of choppy price action on April 24 for the market and exchanges to forcefully liquidate $2.4 billion in leveraged positions. This triggered speculation about potential market maker exits, stop-loss hunts, and long liquidations, including some of the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">best cryptos to buy<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The situation is exacerbated because spot volume is notably low despite skyrocketing leveraged bets. This imbalance shows that the Bitcoin uptrend is not as robust as many people think. For this reason, the market is fragile and susceptible to huge price swings if market makers unwind their positions.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">This divergence between an overextended futures market and a thin spot market is a classic risk signal that could dash bulls\u2019 hopes and drive prices back below $90,000. In turn, this may force capital away from some of the <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">hottest presales in 2025<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Even more concerning, another analyst <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/Brendon_f9\/status\/1915513426325000500\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">observed<\/span><\/a><span data-preserver-spaces=\"true\"> that the Coinbase Premium, used to gauge institutional buying pressure in the United States, is declining. This suggests that institutional investors are growing cautious.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Speculators Cashing Out, BTCUSDT Resistance At $96,000<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Separate analysis reveals that short-term holders or addresses that purchased Bitcoin within the last 150 days, are selling after a dip to $74,500. The refreshing rebound from 2021 highs is offering them an opportunity to lock in gains and wait for clearer market confirmation.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Short-term holders who have been at a loss for the past three months are now actively selling coins, which has halted the growth. <\/p>\n<p>Over the past three days, demand on exchanges has completely absorbed this sell-off.<\/p>\n<p>Keep watching the $96K mark -this is the average entry price\u2026 <a href=\"https:\/\/t.co\/drp0ZdSwiT\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/drp0ZdSwiT<\/a><\/p>\n<p>\u2014 Axel <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f48e.png\" alt=\"\ud83d\udc8e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f64c.png\" alt=\"\ud83d\ude4c\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Adler Jr (@AxelAdlerJr) <a href=\"https:\/\/twitter.com\/AxelAdlerJr\/status\/1915659917718851902?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">April 25, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">In the short term, the analyst added that the $96,000 level, the average cost basis for short-term holders, is a local resistance level. It will serve as a short-term barrier that could slow aggressive buyers. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Once breached, Bitcoin could surge and make a clean break above $100,000. Trends from Binance support this bullish outlook. HODLers are holding onto their BTC rather than selling. <\/span><\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/pbs.twimg.com\/media\/GpR64ccXAAA1BBo?format=jpg&amp;name=4096x4096\" alt=\"Bitcoin surges past $90K, targeting $100K, but overleverage and low spot volume signal risks. Will BTCUSDT bulls break resistance? \" width=\"4000\" height=\"2250\"><\/p>\n<p>\u00a0<\/p>\n<p><a class=\"general-link\" href=\"https:\/\/x.com\/AxelAdlerJr\/status\/1915292951896346950\" target=\"_blank\" rel=\"noopener nofollow\"><strong>(Source)<\/strong><\/a><\/p>\n<p><span data-preserver-spaces=\"true\">According to on-chain data, the number of BTC addresses depositing to Binance and other exchanges has been declining, reaching levels last seen in December 2016.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:<\/span><\/strong> <a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Next 1000x Crypto \u2013 12 Coins That Could 1000x in 2025<\/span><\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Bitcoin Price Eyes $100,000: Why BTCUSDT Bulls Must Stay Cautious<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Bitcoin firm above $90,000, will the rally last?<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">The futures market is flush with speculators while the real market is thin<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Over $2.4 billion was liquidated on April 23. The BTCUSDT market is fragile<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Short-term holders are selling, but $96,000 is an important resistance<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-bulls-target-100000-but-caution-must-prevail-heres-why\/\">Bitcoin Bulls Target $100,000, But Caution Must Prevail: Here\u2019s Why<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin surges past $90K, targeting $100K, but overleverage and low spot volume signal risks. Will BTCUSDT bulls break resistance? With Bitcoin trading firmly above $90,000, bullish sentiment is once again dominating the crypto market discourse. Not only are traders expecting BTC\/USDT to absorb any attempts to break below $90,000, but they also anticipate the coin [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-23823","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23823"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/23823\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}