Bitcoin is nearing the $100,000 mark, currently trading at approximately $96,091, reflecting a 3.6% increase over the past week amidst steady market engagement. Analyst Axel Adler Jr. notes that Bitcoin’s on-chain momentum has entered the “start” rally zone, with a critical momentum ratio of 0.8. He outlines three scenarios: an optimistic rally toward $150,000–$175,000 if the ratio exceeds 1.0, a stable range between $90,000 and $110,000, or a potential correction to $70,000–$85,000 if the ratio drops to 0.75. Analysts also observe rising activity among short-term holders, indicating potential accumulation.
Analyst Maps 3 Scenarios That Could Trigger the Next Big Rally
