10 December 2025
After a 10% increase in the past week, Bitcoin (BTC) has reached a crucial resistance level that could either propel the leading cryptocurrency’s rally to a new all-time high (ATH) or temporarily halt it.
For the first time since February, Bitcoin has surged above the $100.000 mark. During this remarkable weekly performance, BTC has gained more than 10% to reach a three-month high of $105.500 on Monday, further fueling investor optimism about a new ATH.
On Monday, I highlighted that Bitcoin had risen through the entire reaccumulation range, ending its negative divergence and completing the first price discovery correction. However, after rising to the high of $104.500, Bitcoin faced rejection from this key level, temporarily halting the rally.
Bitcoin has now completed its first price discovery upside and price discovery correction. Now, the cryptocurrency is trying to confirm its second price discovery upside, but it is essential to reclaim the $104.500 level as support to confirm this phase.
This level is currently acting as resistance, as the week ended at $104.118, just below the range high. Technically, Bitcoin could attempt to confirm an uptrend by closing above $104.500 daily and then holding it as support. This is definitely worth watching for confirmation on shorter timeframes.
However, until that confirmation comes, this resistance remains just that: a resistance that can reject the price.
I have noticed that Bitcoin is repeating some key elements of its post-halving range in its current phase. This suggests that if BTC continues to reject from this level, it could face a retest to lower resistance after it is broken.
Last year, I detailed that BTC may repeat its Q4 2024 performance, which saw the cryptocurrency recover from a negative divergence to reach a new ATH.
During that period, BTC was initially rejected at its lower resistance and dropped to the lower bounds of the range, before breaking above that lower resistance, retesting it as support, and then rising to a new ATH.
For this historic cycle to repeat, BTC must be rejected at $99.000, hold $93.500 as support, and break through the $97.000 – $99.000 range before being rejected again at the $104.500 resistance. This level must transform into support for Bitcoin to break out into its second price discovery upward move.
Interestingly, BTC has stuck closely to this path over the past week, with a rejection near $99.000 and a retest of the support at $93.500 before climbing above $100.000. However, for this performance to continue, the cryptocurrency will need to fall back to the $97.000 – $99.000 range and hold it as support for a similar breakout to new ATHs.
In my analysis on Monday, I noted that BTC’s lower resistance is around the $98.500 level, which could indicate a potential 5% drop. That said, this retest may not happen at all; Bitcoin could close above this key resistance and hold it to rise to new ATHs.
“In the event of a dip, the transformation of the lower resistance into new support could fully confirm the breakout of this lower resistance zone, allowing BTC to consolidate its position in the $98.500 – $104.500 range of reaccumulation.”
What is the current status of Bitcoin?
Bitcoin recently hit a key resistance and surged above $100.000. But it needs to stay above $104.500 to continue growing towards new ATHs.
How does Bitcoin's recent rise compare to historical trends?
Historically, Bitcoin does well after a reactivation phase. The current price action seems to point to a repeat of previous gains, with BTC potentially surging to new highs.
Which levels are crucial for Bitcoin's future movement?
The $99.000, $93.500, and $104.500 levels are crucial. Bitcoin must confirm these as support or resistance to ensure a stable rise.
Bitcoin (BTC)
Ethereum (ETH)
XRP (XRP)
