Will Bitcoin Return to $100K?
Motasem abdallat2 min read·Just now--
- Bitcoin crashed from its all-time high in 2021 back to where the cycle started… could it do the same again?
At that time, I didn’t expect Bitcoin or any crypto asset to move higher, because during the war, traders and investors were more focused on oil and gold than crypto.
Key things to watch:
1-Open interest is low and hasn’t been moving as much as before, which is leading to lower liquidity in the market.
2-Despite Bitcoin dropping, funding rates haven’t turned deeply negative as expected — showing a lack of extreme bearish positioning.
3. We need to see liquidations start to appear before we can expect any meaningful move in the market.
When Bitcoin was trading around $90K, many traders and investors expected it to return to $100K. However, I believed they were wrong, and I repeatedly said that a scenario similar to 2021 could happen again.
That said, timing is key — I don’t expect this to happen right now. It may take time, possibly until September, similar to the 2021 cycle. Of course, this is not certain, but the main point is: if it happens, it won’t be immediate.
In the end, we need to see clear, undeniable signals that can truly shift the crypto market — stronger liquidity, rising open interest, and real liquidation events.
Until then, the market remains slow, uncertain, and lacking direction.
So don’t rush — wait for confirmation, because the real move always comes when the market gives you a reason, not when people expect it.