2026-01-05 04:24:28

Bitcoin experienced a rapid surge in early trading today, reaching a high of $93,415, with an intraday increase of 2.18%, hitting a nearly three-week high. This rally occurred during Wall Street traders' off-hours, making it particularly noteworthy.

From a technical perspective, $92,000 has become a key psychological support level recently. Once this level is stabilized above, the next resistance target is around $95,800. If the price can successfully break through this level, Bitcoin may have the opportunity to challenge the $100,000 mark again.

The entire cryptocurrency market has also become more active—Ethereum reached the $3,200 level, and BNB has returned to the 9-figure range. Nearly all of the top ten cryptocurrencies are up across the board, indicating a clear revival in market sentiment.

However, it is important to note that geopolitical and policy uncertainties still exist. Actions by the US regarding Venezuela could cause short-term volatility, and whether the Federal Reserve will continue to cut interest rates remains a key variable.

Institutions are relatively optimistic about the future outlook. Several research firms forecast a target price of around $150,000 by the end of 2026. JPMorgan is more aggressive, raising its high estimate to $170,000. Bernstein's report even suggests the peak could surpass $200,000. While these predictions vary, they all point in the same direction—there is still significant room for growth in the future.

BTC-0,65%

ETH-1,1%

BNB0,92%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
10
Repost
Share

Comment

0/400

ForkTongue

· 01-07 21:09

Damn, what are you hyping about 100,000 USD again? I've been listening for half a year and it still hasn't reached that. --- Can it rise even when Wall Street is closed? Is this a show for retail investors? --- JPMorgan 170,000? These bankers are just cutting leeks again. --- Geopolitical turmoil, this wave of gains is probably just a free ride. --- When will it truly break 100,000? Every day it's all about technical analysis, so annoying. --- Ethereum at 3200? Mine is still sleeping. --- Predicting 200,000? Let's wait and see. I know this routine too well. --- Can the 92,000 support hold? Feels like it's about to plunge again.

View OriginalReply0

MetaverseHomeless

· 01-07 14:50

Wall Street sleeps while we make money, this is the joy of Web3 Is breaking 100,000 still a dream? Feels like we're just a little short every time Bernstein predicts 200,000? Just listen, don't take it seriously The key support at 92,000 must hold, or it will be awkward Institutions are so optimistic, I actually feel a bit anxious Ethereum at 3200, BNB at 9 figures, feels like it's about to take off again? A policy change and everything could go back to square one, still depends on what the Federal Reserve says Close to $100,000, but why do I still lack the courage to go all in?

View OriginalReply0

MysteryBoxBuster

· 01-07 12:33

While Wall Street is sleeping, we are making money. This is the gap. Is the $100,000 really coming? Honestly, I'm a bit scared. JPMorgan has 170,000, Bernstein has 200,000. Are these two institutions just competing to be worse? Haha. Is the 92,000 support level going to hold or break? This is the life and death line for today. Ethereum and BNB are rising together this wave; the bull market signal has indeed arrived. Federal Reserve, stop causing trouble. Can't you just cut interest rates properly? Basically, it's a gamble that the US won't cause a mess. Don't let Venezuela's issues affect us. For those who didn't get on this wave, wait for the next one. Anyway, the year-end is still long.

View OriginalReply0

AmateurDAOWatcher

· 01-05 04:54

Wall Street sleeps while we make money. This wave of momentum is a bit something. Should we run once it breaks $100,000 or keep going all in? JPMorgan says $170,000, but I feel like they're just hyping it. This round's increase is only 2.18%. Let's wait and see if it can hold above $92,000 before making any moves. Geopolitical turmoil—who knows when a sudden shock might come? Still, we need to stay cautious. The top ten cryptocurrencies have all risen, and the market is warming up. But be careful not to get caught in a trap.

View OriginalReply0

OnlyUpOnly

· 01-05 04:53

Wall Street has fallen asleep, and we quietly rise. I know this trick well. The next target depends on whether we can take down 95800. Hundred thousand is really just around the corner. Institutions say 200,000? I'll believe it half. Anyway, just hold your coins. It's geopolitical issues and the Federal Reserve again; these are just excuses. Ethereum has been at 3200 without any movement. When will it take off?

View OriginalReply0

ChainDoctor

· 01-05 04:52

Wall Street sleeping while Bitcoin takes off, I've seen this routine too many times Breaking through 95,800 is the real key point, it's still too early to talk about 100,000 now Institutions predicting 200,000 I believe in, just worried about policy disruptions again Optimistic, but don't go all in, geopolitical risks are too unpredictable If the Federal Reserve doesn't cut interest rates tomorrow, this wave might pull back ETH and BNB moving indicates that Bitcoin indeed has potential Hold steady at 92,000, if it can't break through, wait for the next wave The difference this time is that even JPMorgan has changed its tone, which is quite interesting

View OriginalReply0

RumbleValidator

· 01-05 04:50

Whether 92,000 can hold up is the true test. The technical aspect looks good, but consensus mechanisms are the bottom line—without node stability as a guarantee, this wave of gains is just a castle in the air.

View OriginalReply0

MaticHoleFiller

· 01-05 04:45

Wall Street has fallen asleep, and we're quietly rising. This trick is played smoothly. It's no problem to push to 100,000, but don't get hammered down repeatedly at 92,000, brother. Wait, 200,000? Is JPMorgan Chase just hyping again? Let's just watch and see. This wave of market movement feels like institutions are laying the groundwork for the end of the year. If you don't believe it, see what happens next. Is Ethereum really about to take off at 3200? My position is still halfway up the mountain.

View OriginalReply0

BlockchainTherapist

· 01-05 04:34

Wall Street sleeps, we make money, that's the romantic part of Bitcoin Is $100,000 really breakable? I think it's uncertain, but looking at these institutional forecasts is ridiculous, $200,000? Wake up, everyone The $92,000 threshold feels like playing with fire JPMorgan says $170,000, I just smile. When have these Wall Street guys ever been accurate? BNB back to the 9s, this is the real signal, the market is indeed recovering Honestly, the most terrifying thing is the policy monster. No matter how strong Bitcoin's gains are, it can't withstand a single policy news Here we go again, geopolitical issues causing trouble. It's always the same routine, so exhausting Breaking $95,800 determines the future trend, this is very critical. My stop-loss is set below $92,000 Institutions are optimistic, so should I be worried? Could this be another story of high-level bagholders? Breaking $100k is considered a success; everything else is just empty talk. No need to listen to those dreams of $150k or $200k

View OriginalReply0

SignatureDenied

· 01-05 04:33

Wall Street sleeps while we rise, I like this rhythm Is 100,000 really stable, or is it just fooling me into entering the market JPMorgan 170k? These people’s predictions are never accurate, anyway I believe Bernstein’s 200k Can 92,000 really hold up, feels like it will break with a poke Ethereum is at 3200 but no movement, why are people still bullish This time is different, really, I mean it Geopolitics is causing trouble again, so annoying, just want to make good money, is that too much to ask

View OriginalReply0