Bitcoin Outlook: Balancing Momentum with Patience As Bitcoin tests the $97,000 zone, many eyes are on the psychological $100,000 – $103,000 range. While a breakout above this level would be a major milestone, it's helpful to look at the broader technical landscape to stay prepared for any scenario.
The Path to $100K A clean break and hold above current resistance could open the door for that six-figure target. At this stage, the market is looking for sustained institutional volume to confirm that the move isn't just a temporary spike.
Watching the "Golden Ratio" If the market shifts to a "risk-off" mood, analysts are keeping a close watch on the $57,800 area. This isn't a random number—it represents a convergence of two very strong technical signals: -The 0.618 Fibonacci Level: Often called the "Golden Ratio," this is a classic spot where healthy trends often find support during deep pullbacks. -The 200-Week Moving Average: Historically, this line has acted as a "floor" for Bitcoin during major market cycles.
What About Altcoins? History shows a consistent pattern: Altcoin season usually hits its stride after Bitcoin has finished its major move and begins to consolidate. When Bitcoin's dominance stabilizes at a high level, capital typically begins to rotate into smaller-cap assets.
Are you planning to de-risk if we hit the $100K mark, or are you looking further out into the year? #BTC #AltcoinSeason