Bitcoin: Indicators turn green, but doubt lingers

Bitcoin loves gray areas. After several weeks of spinning like a caged beast between $86,000 and $90,000, it regains air above $90,000… and everyone starts talking about $100,000 again as if this figure had a mystical power. Bitcoin is floating around $93,000, with volatility waking up without screaming yet.

An improving structure, but a blinking market

The most interesting point lies in the change in posture for bitcoin, despite the drop in trading volumes. A composite indicator followed by Axel Adler Jr, a mixture of channel positioning, trend via moving average and directional movement, has returned to positive territory. In short: we exit “defense” mode to retry the attack.

The detail that counts is speed. The indicator has crossed 0 before accelerating to approximately +0.73 in a few days, while the price of bitcoin rebounded by approximately $87,500 towards $91,400. This kind of shift, historically, looks more like a start than a simple start. But this is not a verdict, rather a signal.

And as is often the case with bitcoin, the trap lies in continuity: if the indicator falls below zero while the price hits resistance (around $96,000 mentioned by Adler), the scenario of bull trap immediately regains credit. We therefore have a bullish structure… which has yet to prove that it holds up when the wind blows.

On-chain: the offer is sucked in, without fanfare

While the charts heat up, blockchain tells a slower, almost stubborn story. The data relayed by CryptoQuant show that the accumulator addresses continue to absorb the supply of bitcoin, with levels presented as records (around 2.28 million BTC in the analysis cited). It's massive. And above all, it's regular.

This point is crucial to understanding the current atmosphere: we are not in an end-of-cycle euphoria where everyone is chasing the last green candlestick. “Retail” accumulation is progressing more quietly, which results in a less hysterical market… but also less explosive in the short term.

Other useful data: several CryptoQuant analyzes describe demand for bitcoin accumulators which strengthened in 2025, with very marked episodes of purchases over 30 days. In other words: there are hands that pick things up without making a speech. And, in crypto, silence is sometimes a strategy.

Bitcoin at $100,000: psychological springboard or trapped ceiling?

This is where the debate becomes almost philosophical. For Plan C (quantile model), the long lateral consolidation looks like a accumulation phase and increases the likelihood of a stronger floor. According to this readinga passage above a pivot zone (around $94,500 mentioned) could trigger a rapid acceleration of bitcoin towards $100,000.

But the market loves round numbers, and that's precisely the problem. THE $100,000 can act as a door or as a bait. The price attracts, liquidity concentrates, and operators who live on excess (stop hunts, squeezes, liquidations) see it as a playground. In this setting, “getting to $100,000” is not the end of the story: it is often the beginning of low blows.

The opposite view is assumed by Peter DiCarlo: he evokes a squeeze towards $100,000 not as bullish confirmation, but as a maneuver to attract laggards before a deeper correction, potentially towards $70,000. It's brutal, but it's not absurd: Bitcoin has already punished those who confuse symbolic level And solid level.

In summary, the indicators are turning green, yes. But BTC does not reward simply reading “green = go”. The question for the coming weeks is not just “$100,000 or not”, it is: at what price the market agrees to take on risk, and for how long it can do so without overheating.