Bitcoin Rises to $93K: Is $100K Next?

Bitcoin Hits $93K After Sunday Dip, Analysts Eye $100K

3 December 2025 at 16: 59

Reading time: 2 minutes

The rise of Bitcoin Bitcoin has once again raised expectations, as market analysts eagerly anticipate a potential six-figure surge. The cryptocurrency has surpassed $92.000 after falling to $84.500. On Tuesday, Michaël van de Poppe, founder of MN Fund and a leading analyst, noted this as a positive development: "This is exactly what we want to see. [Bitcoin] is rising again after a strange drop on the first of this month."

Van de Poppe emphasized that it is essential for Bitcoin (BTC) to break $92.000. "If this level breaks, I'm convinced we'll see a new record high, with a test of $100.000," he added.

“Full doom indicators are now overextended to the extreme after Bitcoin’s latest crash, suggesting this crash was worse than Luna and FTX, even COVID.”

In early trading on Wednesday, Bitcoin peaked at $93.040 on Coinbase, as reported by TradingView. It has thus recovered all the losses of the past two days, caused by a wave of liquidations that wiped $8.000 off its price last Sunday.

Macroeconomic factors as a driving force for the market

"As Bitcoin demonstrates resilience amid an evolving regulatory landscape and institutional adoption toward the end of 2025, we see a compelling path for Bitcoin to reclaim the $100.000 mark in the coming months," Van de Poppe said. Ruck added that Bitcoin's rise will be primarily "driven by macroeconomic factors, such as the potential for further Fed rate cuts and returning ETF inflows."

In a blog post before the rebound, analysts highlighted the level between $86.000 and $88.000 as a crucial support zone that should be held. "This level has passed 60 tests in recent months without breaking, making any breakouts all the more significant," analyst "Crazzyblockk" explained.

"Trading above this level indicates reduced selling pressure, while active traders are defending their profitable positions," he added. The coming week will be crucial, as maintaining this level will keep the structure intact. Breaking this support could trigger scenarios focused on lower prices, while more sophisticated traders shift from accumulation to distribution.

Frequently Asked Questions

What are the main indicators for Bitcoin's price rise?
Key indicators include a break above $92.000 and holding the support zone between $86.000 and $88.000.

How do macroeconomic factors affect Bitcoin?
Macroeconomic factors such as the risk of Fed rate cuts and the return of ETF inflows could have a significant impact on Bitcoin's price performance.

What happens if Bitcoin falls below the support zone?
If Bitcoin falls below the support zone, it could lead to a shift in focus among traders from accumulating Bitcoin to selling it, which could cause further price declines.

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