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Bitcoin Surges Back to $93K After Major Flush as Analysts Target $100K

  • Bitcoin rebounds from $84,500 to over $93,000 after a Sunday leverage flush
  • Analysts say reclaiming $92,000 is “crucial” for a move toward $100,000
  • Indicators show the recent crash was deeper than major past events
  • Macro tailwinds and ETF inflows could drive BTC to six figures
  • Key support zone at $86K–$88K will decide BTC’s next direction

Bitcoin has regained strength after a sharp weekend drop, climbing back above $93,000 and restoring confidence across the market. The recovery follows a sudden leverage flush on Sunday that briefly pushed the price down to $84,500 — an $8,000 drop that shook traders but ultimately failed to break the broader uptrend.

Analysts now see the rebound as a positive sign of resilience, noting that Bitcoin’s ability to reclaim the $92,000 level is a major turning point. MN Fund founder Michaël van de Poppe said the move back above this zone is “crucial,” suggesting that a clean breakout could open the door to a new all-time high and a test of the long-awaited $100,000 price target.

Van de Poppe compared the recent downturn to historic crashes and argued that indicators show extreme downside pressure similar to — and even greater than — the crashes during the Luna collapse, the FTX crisis, and the COVID-19 panic. Despite this, Bitcoin strengthened quickly, hitting a 24-hour peak of $93,040 on Coinbase and reclaiming all losses from the weekend wipeout.

Bitcoin moves back into a “crucial” resistance zone. Source: Michaël van de Poppe

Market sentiment is also being shaped by macroeconomic expectations. Nick Ruck of LVRG Research believes Bitcoin is positioned to break six figures in the coming months, supported by potential Federal Reserve rate cuts and renewed inflows into Bitcoin ETFs. He highlighted growing institutional adoption and a more favorable regulatory backdrop as additional drivers for the next upward move.

Price structure will remain a key factor in the days ahead. Analysts pointed to the $86,000–$88,000 range as a critical support area that has held firm through dozens of tests in recent months. Holding this zone signals reduced selling pressure and stronger confidence among active traders. However, a breakdown below this level could trigger a shift from accumulation to distribution, opening the possibility for deeper price corrections.

At the time of writing, Bitcoin is trading above $92,700, up 7% over the past 24 hours, and building momentum as analysts watch closely for the next breakout.

Final Thought

Bitcoin’s fast rebound from a severe leverage flush shows that underlying market demand remains strong. With macro conditions turning favorable and analysts highlighting the importance of the $92,000 breakout, the path toward $100,000 is becoming increasingly realistic. The next few weeks will determine whether Bitcoin can maintain its support zones and convert renewed momentum into a major price milestone.

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