Various technical indicators, on-chain data, and derivatives market metrics suggest a possible price surge of Bitcoin towards 100,000 dollars in the coming days. Key points:
The liquidation levels of BTC, on-chain data, and chart setups converge on the target of 100,000 dollars.
Profitability has increased, indicating a recovery in market confidence.
BTC breakout patterns point to 100,000 dollars as a magnet for a short squeeze and euphoria.
Bitcoin
BTC
83,717 €
is showing multiple technical and on-chain signals suggesting that a surge to 100,000 dollars is possible by May. Here are five charts that support the possibility of a short-term breakout.
