Bitcoin's Bullish Breakout: Could BTC Hit $100K This Week?

Bitcoin is showcasing impressive momentum in the cryptocurrency market, as highlighted by prominent trader Michaël van de Poppe. According to his recent analysis, BTC has executed a classic 'hit and run' pattern, featuring a decisive breakout followed by a small retest and swift continuation. This upward trend signals strong bullish sentiment, potentially propelling Bitcoin toward the coveted $100,000 mark as early as this week. For traders, this development underscores the importance of monitoring key resistance levels and trading volumes to capitalize on the ongoing rally.

The breakout observed in Bitcoin's price action aligns with historical patterns seen during previous bull runs. Van de Poppe notes that after surpassing critical resistance around the $90,000 to $95,000 zone—based on recent chart analyses from January 14, 2026—the asset experienced a minor pullback, acting as a healthy retest of support. This retest, which held firm without significant downside pressure, has paved the way for continuation, with BTC eyeing higher highs. Trading volumes have surged during this phase, indicating robust participation from institutional investors and retail traders alike. For instance, on-chain metrics from sources like Glassnode reveal increased accumulation by large holders, or 'whales,' which often precedes major price advances in the crypto market.

Trading Opportunities and Key Indicators for BTC

From a trading perspective, Bitcoin's current trajectory offers several opportunities for both short-term scalpers and long-term holders. The relative strength index (RSI) on the daily chart is hovering around 70, suggesting overbought conditions but not yet signaling exhaustion, leaving room for further upside. Support levels to watch include the $85,000 mark, which could serve as a buying zone if another retest occurs. Resistance at $100,000 represents a psychological barrier, but breaking it could trigger FOMO-driven buying, potentially pushing BTC to $110,000 or beyond in the near term. Traders should consider multiple pairs, such as BTC/USD on exchanges like Binance, where 24-hour trading volume recently exceeded $50 billion, reflecting heightened liquidity and interest.

Integrating broader market context, this Bitcoin surge coincides with positive macroeconomic factors, including anticipated Federal Reserve rate cuts and growing adoption of crypto assets by traditional finance. Van de Poppe emphasizes that this is a great start to the year, with the upward trend intact. For those analyzing cross-market correlations, Bitcoin's performance often influences altcoins like Ethereum (ETH) and Solana (SOL), creating ripple effects. For example, if BTC reaches $100K, ETH could test $5,000, based on historical correlation data. On-chain activity, such as transaction counts and active addresses, has spiked, supporting the bullish narrative and providing concrete data points for informed trading decisions.

Looking ahead, risk management remains crucial in this volatile environment. Traders are advised to set stop-loss orders below recent lows, around $80,000, to mitigate downside risks from unexpected market shifts. The possibility of hitting $100K this week, as van de Poppe suggests, hinges on sustained buying pressure and avoidance of external shocks like regulatory news. Overall, this hit-and-run pattern exemplifies Bitcoin's resilience, offering traders a compelling case for bullish positions while highlighting the dynamic nature of crypto markets.

In summary, Bitcoin's recent price action—marked by a breakout, retest, and continuation—positions it for potential new all-time highs. With trading volumes robust and market indicators favorable, the path to $100,000 appears achievable. Traders should stay vigilant, leveraging tools like moving averages (e.g., the 50-day MA at $75,000 providing underlying support) and monitoring real-time data for optimal entry and exit points. This upward trend not only boosts confidence in BTC but also enhances opportunities across the broader cryptocurrency ecosystem.