- Bitcoin is showing strong resilience above $94,800, with a potential breakout past the $95,500 resistance possibly triggering a rally toward $100,000.
- Despite cautious sentiment in derivatives markets, long-term models and technical indicators suggest substantial upside, with projections as high as $351,506 by year-end.
Bitcoin is showing renewed strength, defying recent macroeconomic headwinds and positioning itself for a potential rally toward the $100,000 milestone. After briefly dipping below $92,910 on the heels of disappointing U.S. GDP data, BTC has rebounded strongly, consolidating above $94,800 and testing the critical resistance level at $95,500.
Post-GDP Rebound Signals Resilience
Despite fears sparked by Q1 2025 U.S. GDP figures, which showed signs of economic contraction, Bitcoin’s swift recovery mirrors optimism seen in traditional markets. Analysts believe the downturn may be tied to import front-loading ahead of new tariffs under President Trump’s administration rather than a structural recession.
This backdrop plays well into Bitcoin’s investment narrative. Expectations of Federal Reserve rate cuts and increased dollar liquidity—both historically bullish for crypto—are rising, with the probability of monetary easing climbing to 63.8% by April 30.
$95,500: The Line in the Sand for Bitcoin
From a technical standpoint, $95,500 has emerged as a crucial resistance zone. A decisive break above this level could trigger a sharp move toward the psychologically significant $100,000 mark. Bitcoin also continues to trade above its Short-Term Holder Realized Price (STH-RP), a bullish on-chain metric often associated with upward momentum.
However, traders remain cautious. Funding rates in derivatives markets have turned negative, indicating that many are either hedging or expecting a short-term pullback. This lack of conviction—despite rising spot prices—suggests some participants are bracing for volatility at resistance levels.
Long-Term Outlook: $351K on the Horizon?
While short-term dynamics remain uncertain, long-term models paint a highly optimistic picture. A logarithmic model based on Bitcoin’s network age suggests potential for BTC to reach $351,506 by the end of 2025—a staggering 5.2x gain from its previous cycle peak.
Fractal and multiplier-based analyses also support a bullish outlook, with notable support at $84,000 and future targets ranging from $125,000 to well above.
With support holding firm near $93,850 and a breakout above $95,500 looking increasingly likely, Bitcoin appears poised for its next major leg up. While caution lingers in the derivatives space, strengthening spot demand and favorable macro trends could soon align to propel BTC toward six-figure territory—making the summer of 2025 a potentially historic moment for crypto markets.
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