Bitcoin has surged past the $100,000 milestone for the first time in 2025, driven by sustained buying from major players like MicroStrategy. On January 6, the company disclosed its latest acquisition of 1,070 BTC purchased on December 30–31, 2024, for $101 million at an average price of $94,004 per coin. This brings MicroStrategy's total holdings to an impressive 447,470 BTC. Meanwhile, Metalplanet CEO Simon Gerovich revealed plans on X to boost his firm’s Bitcoin stash from 1,762 to 10,000 in 2025, further adding to the bullish sentiment.

Institutional demand also remained strong, with cryptocurrency investment products reporting $585 million in inflows during the first three days of 2025, building on a record-breaking $44 billion in inflows last year.

Bitcoin has broken through the key resistance at $100,000, signaling that the bulls have regained control. If the price holds above this crucial level, the BTC/USDT pair could gather momentum and make a push toward its all-time high of $108,353. This level may see significant selling pressure from the bears, but if the bulls sustain their buying, Bitcoin could continue its uptrend, targeting $126,706 next. However, if the price slips back below $100,000, it could indicate a potential bull trap.

In that case, the bears will need to drive the price below the moving averages to open the doors for a drop toward $90,000. Ether completed a bullish breakout above $3,555 on January 3, confirming an ascending triangle pattern. The 20-day EMA ($3,529) has started to turn higher, and the RSI remains in positive territory, showing that bulls are firmly in control. The breakout pattern points to a target of $3,894.

However, sellers may attempt to drag the price back below $3,555 to trap short-term buyers. If they succeed, the ETH/USDT pair could slide toward the uptrend line, signaling weakness in the near term.

Lastly please check out the advancement’s happening in the cryptocurrency world

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