Improving technical signals and renewed institutional interest point to a potential run toward $100,000
Bitcoin (BTC) surged above $92,000 on Monday, signaling a possible shift in near-term momentum after closing out 2025 on a difficult note. The move comes as market conditions begin to normalize following months of volatility, forced liquidations, and sustained selling pressure from long-term holders.
According to a recent note from crypto data firm 10X Research, Bitcoin has re-entered a bullish trend. The firm highlighted the return of more typical trading volumes alongside early signs of renewed institutional positioning as key drivers behind the rebound. After an environment dominated by caution and defensive positioning, analysts suggest that inaction itself may now pose the greater risk.
From a technical perspective, Bitcoin’s strength is being reinforced by its ability to hold above key moving averages. As long as prices remain above the 21-day moving average, the near-term bias remains tilted to the upside, according to 10X Research. This technical resilience suggests that buyers are stepping in with more confidence than they did during the fourth-quarter sell-off.
Derivatives markets are also flashing encouraging signals. Options data shows a notable shift in trader behavior, with flows rotating away from selling upside calls and toward actively buying them. This change in positioning reflects growing expectations of a move toward the psychologically important $100,000 level. The research firm identified $98,197 as a critical resistance level that Bitcoin must clear to unlock its next meaningful leg higher.
The broader context adds to the constructive outlook. Bitcoin ended 2025 after three consecutive monthly declines—a rare pattern that has historically occurred only a handful of times and often preceded strong January rebounds. Fundstrat strategist Sean Farrell has also pointed to potential portfolio rebalancing at the start of the year as a tailwind that could further support prices.
After a turbulent 2025, Bitcoin’s early-2026 rebound may mark the beginning of a renewed phase of optimism for crypto markets.
You might like this article:CES 2026: Where AI Gets Physical
