When will bitcoin break $100,000 again?
Bitcoin is having a strong start to 2026 that could see it catch up with precious metals’ rally. Bitcoin ETFs are also rallying, and saw their second consecutive day of massive inflows, recording $843.6 million on Wednesday, according to SoSoValue, bringing the total for the week to $1.7 billion.
Jake Kennis, research analyst at Nansen, told Sherwood News that a combination of easing inflation fears, geopolitical safe haven demand, stronger ETF inflows, and a technical breakout above $94,000 to $96,000 resistance are all converging to push BTC toward $100,000.
“The rally has solid institutional and onchain backing, but elevated leverage in futures markets and profit-taking by top traders near the $97K–$100K psychological resistance could trigger volatility,” Kennis said.
While bitcoin has retreated after nearing key resistance levels, Timot Lamarre, director of market research at Unchained, said that despite the asset having been well off all-time highs, it is set up for a sustainable run above $100,000.
“Institutions continue to open up bitcoin buying opportunities to new pools of capital, the macro environment continues to move toward significant monetary easing, and governments, companies, and individuals continue to increase their bitcoin stockpiles,” he said.
The analytics team at B2BINPAY echoed the sentiment, saying that the market structure remains bullish, “with potential to reach $100–105K in the coming weeks, potentially reaching the $120K–140K range later in 2026 if demand stays in place.”
A failure would likely mean a pullback to the $88,000 to $90,000 range, where liquidity is already concentrated, they said.
“Another crucial marker is leverage. Funding rates and open interest are far from extreme, with total OI at around $65B. That’s high. Yet, it’s still below the prior record/near-record zone seen in 2025, around $72B–$75B. So the market isn’t stretched,” the analysts said.
