Bitcoin's price action is capturing significant attention among traders as it navigates key technical levels, with prominent analyst Michaël van de Poppe outlining a compelling scenario for BTC reaching $100,000. According to Michaël van de Poppe's tweet on January 6, 2026, the cryptocurrency is expected to face rejection at a critical resistance zone, followed by a pullback that holds above the 21-day moving average, paving the way for an upward push toward the six-figure mark. This main scenario continues to hold strong, emphasizing the importance of monitoring support and resistance in Bitcoin trading strategies. For traders eyeing BTC/USD pairs, this projection highlights potential entry points during the pullback phase, especially if the price maintains above the 21-day MA, which has historically acted as a reliable dynamic support in bullish trends.

Analyzing Bitcoin's Resistance Rejection and Pullback Dynamics

In the context of current Bitcoin market analysis, the resistance zone mentioned by van de Poppe likely refers to recent highs where selling pressure has intensified, potentially around the $95,000 to $98,000 range based on historical price data from late 2025. A rejection here could trigger a healthy correction, allowing the market to consolidate gains before resuming its uptrend. Traders should watch trading volumes during this phase; a spike in volume on the pullback could signal strong buying interest at lower levels, reinforcing the hold above the 21-day MA. For instance, if Bitcoin dips to around $85,000-$90,000 while staying above this moving average, it could present a prime buying opportunity for long positions targeting $100,000. On-chain metrics, such as increased whale accumulation during dips, further support this bullish outlook, as seen in data from blockchain analytics platforms. Incorporating multiple trading pairs like BTC/ETH or BTC/USDT can provide additional insights, with ETH often mirroring BTC's movements but with higher volatility for leveraged trades.

Trading Opportunities Around the 21-Day Moving Average

Focusing on the 21-day moving average as a key support level, this indicator has proven pivotal in Bitcoin's price history, often serving as a bounce point during bull runs. If the pullback holds here, as per van de Poppe's scenario, traders might consider scaling into positions with stop-losses just below the MA to manage risk. Market indicators like the Relative Strength Index (RSI) could show oversold conditions during the dip, signaling a reversal. For example, an RSI reading below 40 on the daily chart, combined with positive funding rates on futures exchanges, would bolster confidence in the upward trajectory toward $100,000. Institutional flows, including ETF inflows, have been a driving force, with recent reports indicating billions in net purchases, which could accelerate the move once resistance is cleared. Cross-market correlations with stocks, such as tech-heavy indices like the Nasdaq, also play a role; a rally in AI-related stocks could spill over to boost crypto sentiment, creating synergistic trading opportunities in AI tokens like FET or RNDR alongside BTC.

Broader market implications of this Bitcoin scenario extend to overall crypto trading strategies, where a successful push to $100,000 might ignite altcoin seasons and increase trading volumes across exchanges. Risk management remains crucial, with potential downside if the 21-day MA breaks, possibly leading to tests of lower supports around $80,000. However, the persistent bullish narrative, backed by halving cycle patterns and macroeconomic factors like interest rate cuts, aligns with van de Poppe's view. Traders are advised to monitor on-chain metrics such as active addresses and transaction volumes for confirmation. In summary, this analysis underscores a strategic approach: wait for the rejection, buy the dip above support, and aim for the $100K target, optimizing for both short-term scalps and long-term holds in the evolving cryptocurrency landscape.

To optimize trading decisions, consider historical precedents where Bitcoin rejected at resistances before major breakouts, such as the 2021 bull run. Current sentiment indicators, like the Fear and Greed Index, hovering in greedy territory, suggest caution but also opportunity. For those trading BTC against stablecoins, leverage levels should be conservative to avoid liquidations during volatility spikes. Ultimately, van de Poppe's scenario provides a roadmap for navigating Bitcoin's path, blending technical analysis with market fundamentals for informed trading.