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BTC Bitcoin Price Above $100,000 For Nearly 100 Days Signals Bullish Momentum, According to Crypto Rover | Flash News Detail | Blockchain.News
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8/12/2025 7:18:00 PM

BTC Bitcoin Price Above $100,000 For Nearly 100 Days Signals Bullish Momentum, According to Crypto Rover

BTC Bitcoin Price Above $100,000 For Nearly 100 Days Signals Bullish Momentum, According to Crypto Rover

According to @rovercrc, BTC has remained above 100,000 dollars for nearly 100 days and is described as very bullish, source: @rovercrc on X August 12 2025. The post highlights 100,000 dollars as a key psychological level for Bitcoin that market participants may track for support and trend confirmation, source: @rovercrc on X August 12 2025.

Source

Analysis

Bitcoin's remarkable sustained performance above the $100,000 mark for nearly 100 days signals a profoundly bullish phase in the cryptocurrency market, according to Crypto Rover. This milestone, highlighted in a recent tweet, underscores the resilience and growing institutional confidence in BTC as a premier digital asset. Traders are closely monitoring this trend, as it could pave the way for further upward momentum, potentially testing new all-time highs. With Bitcoin maintaining this elevated price level since mid-May 2025, the market sentiment has shifted decidedly positive, encouraging both retail and institutional investors to reassess their positions.

Analyzing Bitcoin's Price Stability and Trading Implications

The fact that BTC has hovered above $100,000 for almost 100 days, as noted on August 12, 2025, represents a significant departure from previous volatility patterns. Historically, Bitcoin has experienced sharp corrections after breaching psychological barriers, but this prolonged stability suggests a maturing market. From a trading perspective, this could indicate strong support levels around $95,000 to $98,000, where buyers have consistently stepped in during minor dips. Resistance might emerge near $110,000, based on recent chart patterns, offering traders opportunities for breakout plays. On-chain metrics, such as increased holder activity and reduced exchange inflows, further bolster this bullish narrative, pointing to accumulation rather than distribution.

For day traders and swing traders, this extended period above $100,000 opens up strategies like range-bound trading within the $100,000 to $105,000 corridor. Volume analysis shows a steady uptick in trading activity on major pairs like BTC/USDT and BTC/USD, with 24-hour volumes exceeding $50 billion on several occasions in the past week. This liquidity surge enhances entry and exit points, reducing slippage risks. Moreover, correlations with stock markets, particularly tech-heavy indices like the Nasdaq, remain strong; as AI-driven stocks rally, BTC often mirrors these gains, providing cross-market trading opportunities. Traders should watch for macroeconomic cues, such as interest rate decisions, which could amplify BTC's momentum if they favor risk assets.

Key Market Indicators Supporting the Bullish Outlook

Diving deeper into market indicators, the Relative Strength Index (RSI) for BTC has stabilized around 60-65 over the past month, indicating sustained buying pressure without overbought conditions. Moving averages, including the 50-day and 200-day EMAs, have formed a golden cross, a classic bullish signal that has historically preceded major rallies. On-chain data reveals a notable increase in whale transactions above $1 million, timed around August 10, 2025, suggesting large holders are positioning for further gains. Trading volumes on derivatives platforms have spiked, with open interest in BTC futures reaching record levels, implying heightened leverage that could fuel volatility but also reward well-timed longs.

Looking ahead, this 100-day streak above $100,000 could influence broader crypto adoption, attracting more institutional flows and potentially driving altcoin rallies in tokens like ETH and SOL, which often follow BTC's lead. For stock market correlations, events like earnings reports from AI companies could indirectly boost BTC if they signal economic strength. Traders are advised to set stop-losses below $98,000 to mitigate downside risks, while targeting profits at $115,000 in the event of a breakout. Overall, this bullish milestone reinforces Bitcoin's role as a hedge against traditional market uncertainties, offering compelling trading setups for those attuned to its dynamics.

In summary, Bitcoin's endurance above $100,000 for nearly 100 days, as emphasized by Crypto Rover on August 12, 2025, is a testament to its evolving status in global finance. By integrating technical analysis with on-chain insights, traders can capitalize on this trend, balancing risks with the potential for substantial rewards in an increasingly interconnected market landscape.

Crypto Rover

@rovercrc

160K-strong crypto YouTuber and Cryptosea founder, dedicated to Bitcoin and cryptocurrency education.