Bitcoin has recently approached its all-time high of $109K, demonstrating strong bullish momentum. However, the rally has temporarily paused, suggesting a potential consolidation or corrective phase before the next breakout attempt.<\/p>\n
Bitcoin extended its sharp upward move after breaking above the key psychological resistance at $100K, climbing toward its all-time high of $109K. Yet, the bullish momentum has stalled at this critical region, with the price entering a brief consolidation. This resistance zone likely contains a substantial supply, as traders begin to realize profits and anticipate a corrective phase.<\/p>\n
Given the current market structure, a short-term retracement or sideways consolidation toward the $100K support level appears likely before any attempt at a decisive breakout above $109K to establish a new ATH.<\/a><\/p>\n On the 4-hour timeframe, Bitcoin\u2019s weakness around the $109K resistance becomes more apparent. After testing this level, the price has gradually lost momentum, forming a consolidation pattern that resembles a potential double-top.<\/p>\n Moreover, a clear bearish divergence between the price and the RSI suggests that sellers are gaining traction as bullish momentum fades. These signals point toward a likely short-term correction or consolidation around the $100K zone before the market regains strength for another breakout attempt.<\/a><\/p>\n By ShayanMarkets<\/p>\n While Bitcoin neared its all-time high around $109K, profit-taking activity is expected as traders look to secure gains. Consequently, BTC\u2019s extended consolidation near ATH levels can largely be attributed to significant profit realization by market participants.<\/p>\n However, the recent behavior of long-term holders (LTHs), investors who have held their assets for over 150 days, tells a different story, as reflected in the LTH SOPR (Spent Output Profit Ratio) metric.<\/p>\n It has been trending downward even as the price approached the $109K range. This decline suggests that long-term holders have not yet engaged in notable profit-taking. Instead, they appear to be accumulating, signaling confidence in higher price targets and anticipating new all-time highs.<\/p>\n Therefore, the current consolidation phase seems to be primarily driven by short-term holders and retail traders. Based on this behavior, Bitcoin is likely to resume its bullish trend following this pause, potentially leading to a fresh impulsive rally and new all-time highs in the mid-term.<\/a><\/p>\n \u00a0<\/p>\n The post Bitcoin Price Analysis: Is BTC About to Break Below $100K After Recent Rejection?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin has recently approached its all-time high of $109K, demonstrating strong bullish momentum. However, the rally has temporarily paused, suggesting a potential consolidation or corrective phase before the next breakout attempt. Technical Analysis The Daily Chart Bitcoin extended its sharp upward move after breaking above the key psychological resistance at $100K, climbing toward its all-time […]<\/p>\n","protected":false},"author":0,"featured_media":66600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-66599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/66599"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66599"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/66599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/66600"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The 4-Hour Chart<\/h3>\n
On-chain Analysis<\/h2>\n
![<\/a><\/p>\nThe 4-Hour Chart<\/h3>\nOn the 4-hour timeframe, Bitcoin\u2019s weakness around the $109K resistance becomes more apparent. After testing this level, the price has gradually lost momentum, forming a consolidation pattern that resembles a potential double-top.<\/p>\nMoreover, a clear bearish divergence between the price and the RSI suggests that sellers are gaining traction as bullish momentum fades. These signals point toward a likely short-term correction or consolidation around the $100K zone before the market regains strength for another breakout attempt.<\/a><\/p>\nOn-chain Analysis<\/h2>\nBy ShayanMarkets<\/p>\nWhile Bitcoin neared its all-time high around $109K, profit-taking activity is expected as traders look to secure gains. Consequently, BTC\u2019s extended consolidation near ATH levels can largely be attributed to significant profit realization by market participants.<\/p>\nHowever, the recent behavior of long-term holders (LTHs), investors who have held their assets for over 150 days, tells a different story, as reflected in the LTH SOPR (Spent Output Profit Ratio) metric.<\/p>\nIt has been trending downward even as the price approached the $109K range. This decline suggests that long-term holders have not yet engaged in notable profit-taking. Instead, they appear to be accumulating, signaling confidence in higher price targets and anticipating new all-time highs.<\/p>\nTherefore, the current consolidation phase seems to be primarily driven by short-term holders and retail traders. Based on this behavior, Bitcoin is likely to resume its bullish trend following this pause, potentially leading to a fresh impulsive rally and new all-time highs in the mid-term.<\/a><\/p>\n\u00a0<\/p>\nThe post Bitcoin Price Analysis: Is BTC About to Break Below $100K After Recent Rejection?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin has recently approached its all-time high of $109K, demonstrating strong bullish momentum. However, the rally has temporarily paused, suggesting a potential consolidation or corrective phase before the next breakout attempt. Technical Analysis The Daily Chart Bitcoin extended its sharp upward move after breaking above the key psychological resistance at $100K, climbing toward its all-time […]<\/p>\n","protected":false},"author":0,"featured_media":66600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-66599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/66599"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66599"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/66599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/66600"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/BTC-D-3-scaled.jpg\"){kind=link}
![<\/a><\/p>\nOn-chain Analysis<\/h2>\nBy ShayanMarkets<\/p>\nWhile Bitcoin neared its all-time high around $109K, profit-taking activity is expected as traders look to secure gains. Consequently, BTC\u2019s extended consolidation near ATH levels can largely be attributed to significant profit realization by market participants.<\/p>\nHowever, the recent behavior of long-term holders (LTHs), investors who have held their assets for over 150 days, tells a different story, as reflected in the LTH SOPR (Spent Output Profit Ratio) metric.<\/p>\nIt has been trending downward even as the price approached the $109K range. This decline suggests that long-term holders have not yet engaged in notable profit-taking. Instead, they appear to be accumulating, signaling confidence in higher price targets and anticipating new all-time highs.<\/p>\nTherefore, the current consolidation phase seems to be primarily driven by short-term holders and retail traders. Based on this behavior, Bitcoin is likely to resume its bullish trend following this pause, potentially leading to a fresh impulsive rally and new all-time highs in the mid-term.<\/a><\/p>\n\u00a0<\/p>\nThe post Bitcoin Price Analysis: Is BTC About to Break Below $100K After Recent Rejection?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin has recently approached its all-time high of $109K, demonstrating strong bullish momentum. However, the rally has temporarily paused, suggesting a potential consolidation or corrective phase before the next breakout attempt. Technical Analysis The Daily Chart Bitcoin extended its sharp upward move after breaking above the key psychological resistance at $100K, climbing toward its all-time […]<\/p>\n","protected":false},"author":0,"featured_media":66600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-66599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/66599"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66599"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/66599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/66600"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/BTC-4H-6-scaled.jpg\"){kind=link}
![<\/a><\/p>\n\u00a0<\/p>\nThe post Bitcoin Price Analysis: Is BTC About to Break Below $100K After Recent Rejection?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin has recently approached its all-time high of $109K, demonstrating strong bullish momentum. However, the rally has temporarily paused, suggesting a potential consolidation or corrective phase before the next breakout attempt. Technical Analysis The Daily Chart Bitcoin extended its sharp upward move after breaking above the key psychological resistance at $100K, climbing toward its all-time […]<\/p>\n","protected":false},"author":0,"featured_media":66600,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-66599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/66599"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66599"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/66599\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/66600"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Bitcoin-Long-Term-Holder-SOPR-scaled.jpg\"){kind=link}