An expert expects Bitcoin not to retract $ 100,000 in 2026

With Bitcoin approaching the upcoming $ 100,000 barrier, feelings of optimism increase in the digital currency market.

After recovering, the famous currency price reached about 97,800 dollars last week, it returned to a little to $ 94,340, declining by 0.4% during the past twenty -four hours, according to Coingecko data.

This decline comes after a large wave of sale last April, as Bitcoin fell to its lowest levels at $ 74,000.

However, hope began to be renewed in achieving a new price summit, according to the expectations of investors and analysts in the market.

A new wave of optimism on the horizon

Analyst known as Doctor Profit expressed his great confidence in the future of Bitcoin, stressing that the currency is going in a strong upscale path, and he went to the point that it is likely that Bitcoin is likely to return to a level below $ 100,000 next year.

Doctor Profit had indicated last week that Bitcoin has risen more than 25% since his entry point at $ 77,000, and pointed attention to a strong penetration above the resistance level known as the “hammer line”, which was specified at about 85,000 dollars, considering that this penetration will pave the way for more gains in the coming period, and perhaps one of the most prominent factors that supported this rise, according to his opinion, is operations The intense purchase of the exchange funds on the Stock Exchange (ETFS) listed in the United States.

These funds last Tuesday recorded net cash flows approximately one billion dollars, which is one of the highest daily numbers this year, and within three days trading, institutions pumped about $ 1.4 billion in Bitcoin boxes, which reflects a strong institutional appetite towards the digital currency amid a state of blurring in the markets.

Less offer and increase in demand

The bullish narration momentum increases with the liquid of the liquid supply of Bitcoin at a remarkable pace. The last days have witnessed a significant decline in the stock exchange reserves from the currency, with the great buyers withdrawing their units from the central platforms and storing them in a cold governor.

Reports issued by the trading offices outside the market (OTC) indicate a scarcity of liquidity, which enhances the hypothesis that huge purchases occur calmly in the background, and even major companies, such as: “Videliti” warned of the proximity of a shock of supply in the market, which increases the attention of investors.

Countries think about Bitcoin as a strategic reserve

One of the striking points that Doctor Profit recently is to announce the Binance platform about its receiving inquiries from several governments around the world about the idea of ​​using Bitcoin as part of its strategic reserves, and this development reflects the increase in global awareness of the Bitcoin value as a basic that can be considered a similar gold in terms of economic importance.

And if the countries already decide to keep bitcoin in their reserves, this raises major questions about the amount of supply available in the market, and its implications for prices.

Is 100 thousand dollars a nearby approach?

Doctor Profit continues to show his optimism towards the Bitcoin path in the coming period, and based on the current momentum and the penetration of the currency to the important resistance level believes that the level of $ 100,000 is no longer out of reach.

He also confirms that he has not changed his previous expectations and it is expected that the FOOC Open Market Committee (FOMC) is significantly affecting the market movement significantly, and given the current data, he believes that Bitcoin will not only reach 100 thousand dollars, but may record the highest new price level during the next few weeks.