Bitcoin's recent surge has captured the attention of traders worldwide, with BTC breaking above key resistance levels and signaling potential for further upside. According to crypto analyst Michaël van de Poppe, this strong move positions Bitcoin above its recent high, opening up multiple scenarios for price action in the coming days. As BTC trades above the critical $92,000 mark, the market is buzzing with speculation about whether this rally can sustain or if a correction is imminent. This analysis dives into the trading implications, highlighting support and resistance levels, potential liquidation events, and long-term targets that could define Bitcoin's path toward $100,000 and beyond.

Breaking Down Bitcoin's Current Price Momentum and Key Resistance Levels

In the latest market update, Bitcoin has demonstrated impressive strength by surpassing its recent high and resistance points, as noted by Michaël van de Poppe on December 3, 2025. This breakthrough suggests a bullish undertone, particularly on lower timeframes where an uptrend is clearly signaling continuation. However, the analyst cautions that holding above $92,000 might not be highly probable given the prevailing market sentiment, which appears cautious amid broader economic uncertainties. Traders should watch this level closely, as a failure to maintain it could trigger a wave of long liquidations, leading to a sharp drop. Such a scenario would not necessarily derail the overall uptrend; instead, a correction to the $88,000-$90,000 range could serve as a healthy pullback, allowing bulls to regroup and push higher. From a trading perspective, this zone represents a strong support area, backed by historical price action and on-chain metrics showing accumulation by large holders. Volume data from major exchanges indicates increased buying interest during dips, with 24-hour trading volumes spiking as BTC approached these levels, underscoring the resilience of the trend.

Potential Scenarios: Rally Continuation vs. Harsh Corrections

Exploring the scenarios outlined by the analyst, one optimistic path involves Bitcoin continuing its rally and solidifying gains above $92,000. While this has a lower probability due to sentiment factors, it could pave the way for a direct test of $100,000 this month, potentially extending to $105,000 if momentum builds. Key indicators like the Relative Strength Index (RSI) on daily charts are not yet overbought, leaving room for upside without immediate reversal risks. On the flip side, losing $92,000 might result in a harsh drop, liquidating leveraged longs and causing short-term volatility. Traders eyeing entry points could find opportunities in the $88,000-$90,000 support band, where Fibonacci retracement levels align with moving averages, offering high-reward setups for swing trades. Market correlations with stocks, such as tech-heavy indices influenced by AI developments, could amplify BTC's moves—positive AI news might boost sentiment, driving institutional flows into crypto. Conversely, any downturn in equities could pressure Bitcoin, making cross-market analysis essential for risk management.

For those trading multiple pairs, BTC/USD remains the focal point, but pairs like BTC/ETH or BTC against stablecoins show similar patterns, with ETH potentially outperforming if Bitcoin stabilizes. On-chain data reveals rising transaction volumes and whale activity, supporting the uptrend narrative. Looking ahead, achieving $100,000 would mark a psychological milestone, likely attracting more retail and institutional capital, as seen in past bull runs. However, traders should monitor macroeconomic factors, including interest rate decisions, which could influence liquidity and sentiment. In summary, while risks of a correction loom, the underlying uptrend suggests buying dips could be a strategic move, with targets at $105,000 providing substantial upside potential. This positions Bitcoin as a prime asset for both short-term scalpers and long-term holders, emphasizing the importance of disciplined stop-losses around key levels to navigate volatility effectively.

Overall, this Bitcoin price analysis highlights actionable trading opportunities amid the current dynamics. By focusing on resistance at $92,000 and support between $88,000-$90,000, investors can better position themselves for the anticipated test of higher milestones. As the crypto market evolves, staying attuned to sentiment shifts and volume changes will be crucial for capitalizing on these movements.