According to @CryptoMichNL, BTC is approaching a crucial resistance level and a confirmed break would open upside toward $100K, supporting a bullish continuation setup for momentum traders, source: @CryptoMichNL on X, Nov 27, 2025. He adds that he prefers consolidation before any breakout attempt to strengthen trend structure, source: @CryptoMichNL on X, Nov 27, 2025. He highlights $88K as a potential retest zone; if that level breaks, he believes the odds increase that the cycle low is already in, implying reduced downside risk and a favorable risk-reward for dip buyers, source: @CryptoMichNL on X, Nov 27, 2025. He concludes the cycle is far from over, reinforcing a constructive medium-term bias while these levels hold, source: @CryptoMichNL on X, Nov 27, 2025.

According to Glassnode, BTC retested and broke the 100K level in line with options market expectations, signaling a key breakout event for derivatives traders (source: Glassnode on X, Nov 14, 2025). According to Glassnode, the market reaction is being assessed through implied volatility, call-put skew, and options flow to interpret current positioning and risk transfer after the move (source: Glassnode on X, Nov 14, 2025). According to Glassnode, traders should focus on how volatility, skew, and options flow evolve post-breakout to gauge near-term momentum and hedging pressure in BTC (source: Glassnode on X, Nov 14, 2025).

According to @Andre_Dragosch, the Cryptoasset Sentiment Index has turned bearish again, indicating risk-off conditions across crypto markets (source: @Andre_Dragosch on X, Nov 4, 2025). According to @Andre_Dragosch, the index’s intraday score shows a bullish divergence, signaling BTC is nearing maximum seller exhaustion (source: @Andre_Dragosch on X). According to @Andre_Dragosch, it is unlikely that BTC drops below 100k in the short term, identifying 100k as the key near-term level to watch (source: @Andre_Dragosch on X).

According to the source, BTC is reported to have closed above 100K USD for 170 days, but traders should validate this using CF Benchmarks’ Bitcoin Reference Rate (BRR), the FCA-regulated USD benchmark relied on by institutions (source: CF Benchmarks), and CME Group’s BTC futures daily settlement prices for cross-confirmation (source: CME Group). To avoid venue-specific anomalies, cross-check aggregated spot daily closes through independent market data providers such as Coin Metrics and Kaiko before positioning (sources: Coin Metrics, Kaiko). If the 100K USD close streak is confirmed, treat 100K as primary support and monitor order book depth and options open interest clustering around the 100,000 strike to assess liquidity and gamma dynamics (sources: Kaiko for depth metrics, Deribit for options OI). Key risk triggers include a daily close back below 100K on the BRR benchmark, a breakdown below commonly watched moving averages on regulated reference indices, and rising basis on CME BTC futures that may signal stress (sources: CF Benchmarks, CME Group).

According to Jason Fang on Twitter, Bitcoin's price movement from $50,000 to $100,000 has been primarily fueled by institutional adoption through Bitcoin ETFs, while future growth beyond $100,000 is expected to be driven by the emergence of Bitcoin treasury companies in major markets by the end of 2025 (source: Jason Fang Twitter, June 2, 2025). This shift suggests traders should monitor developments in corporate Bitcoin treasuries for new momentum catalysts, as these entities may spark significant spot demand and liquidity in the crypto market.