​Adding to the significance of these areas is the psychological $100,000.00 mark which now acts as a support level, long considered a magnet for retail and institutional flows alike. A sustained break beyond the next higher $110,000.00 zone- previously a top between December and January- may fuel further upside, potentially driving Bitcoin toward $150,000.00, a level already embedded in long-term sentiment.

​Long-Term Models and Institutional Tailwinds

​Logarithmic growth curve models, used by some long-term investors, project an upper resistance band in the $120,000.00-to-$150,000.00 range. These models, based on diminishing percentage returns as Bitcoin matures, remain widely followed in crypto circles and have historically mapped bull and bear market boundaries with notable accuracy.

​On-chain indicators such as the MVRV ratio, realised cap multiples, and dormancy flow metrics also support a bullish case. These indicators suggest room for growth before reaching overheated levels, especially as institutional flows via ETFs and sovereign wealth funds start to play a greater role in price dynamics.

​Market Structure and Macro Backdrop Matter

​While technical targets provide a roadmap, the actual trajectory of Bitcoin will be shaped by broader macroeconomic forces – interest rate policies, inflation expectations, regulatory clarity, and investor risk appetite. The presence of spot Bitcoin exchange-traded funds (ETFs), improved market liquidity, and increasing institutional participation all contribute to a fundamentally stronger market structure than in previous cycles.

​Still, significant volatility remains a hallmark of Bitcoin, particularly around major resistance zones. Investors are advised to consider risk management strategies, including incremental profit-taking and conservative position sizing, as Bitcoin navigates its next price discovery phase.

​Technical analysis framework for Bitcoin trading

​The current technical setup for Bitcoin presents a classic test of resistance that could determine the next major directional move for the world’s largest cryptocurrency. Understanding these key levels is crucial for both short- and long-term investors.

​The resistance zone between $109,354 and $111,965.80 represents a confluence of technical levels that have previously halted Bitcoin’s advance. The ability to break through this area on sustained volume would signal renewed bullish momentum.

​Bitcoin daily candlestick chart