Bitcoin pushed higher this week as traders tested a key resistance zone, reigniting speculation that the market could be setting up for a renewed run toward the six-figure mark.
The move comes as momentum indicators turn constructive, while analysts remain split on whether a brief pullback is needed before a stronger continuation.
Key Takeaways
- Bitcoin is pressing into a key resistance area, keeping the $100,000 level in focus.
- A brief pullback to close the CME gap remains a risk before continuation.
- Momentum indicators and on-chain signals still lean supportive, but confirmation is pending.
Crypto analyst Michaël van de Poppe noted that Bitcoin is currently battling what he described as the final major resistance area before a potential breakout. According to his assessment, the recent advance signals strength, even if the market first sees a short-term retracement.
Van de Poppe expects a modest dip to fill the CME futures gap, a pattern that has frequently played out during strong trends. If that scenario unfolds, he argues it could reset momentum and clear the path for another push higher, keeping the psychological $100,000 level firmly on the radar.
#Bitcoin goes for it.
Fighting the final resistance before a break towards $100K is on the cards.
Great move, I think that we’ll see a slight pullback to close the CME gap tomorrow, and after that, markets are ready to continue breaking upwards to $100K. pic.twitter.com/26HUX7yvnB
— Michaël van de Poppe (@CryptoMichNL) January 4, 2026
Momentum Indicators Support the Upside Case
On the technical side, Bitcoin’s four-hour chart shows price holding above recent consolidation levels, while momentum indicators continue to lean bullish. The Relative Strength Index remains elevated but not extreme, suggesting room for continuation rather than immediate exhaustion. At the same time, the MACD has stayed in positive territory, reinforcing the view that buyers still control the broader structure.
This combination points to strength beneath the surface, even as short-term volatility remains possible around resistance.
On-Chain Signal Watches for Confirmation
Adding an on-chain perspective, analyst Maartunn highlighted the Inter-Exchange Flow Pulse (IFP), an indicator that tracks Bitcoin flows between spot markets and derivatives platforms. Historically, rising flows into derivatives have aligned with bullish phases, while declining flows have signaled risk-off conditions.
Maartunn stressed that a sustained flip of this indicator into positive territory has often preceded major trend reversals and durable market bottoms. While the signal is closely watched, it has not yet fully confirmed a long-term inflection, suggesting that the market may still be in a transitional phase.
Before a true long-term bottom, you want to see this indicator flip green ✅
The Inter-Exchange Flow Pulse (IFP) tracks BTC flows between spot and derivatives. Rising flows *to* derivatives = bullish sentiment. Falling flows = risk-off.
It’s a key signal for major trend… pic.twitter.com/uFYkwCzZMV
— Maartunn (@JA_Maartun) January 3, 2026
What Comes Next for Bitcoin
With price pressing against resistance, momentum holding firm, and on-chain metrics nearing key thresholds, Bitcoin appears to be at a pivotal moment. A shallow pullback to address futures imbalances could strengthen the broader setup, while a clean break higher would likely intensify bullish sentiment across the market.
For now, traders are watching whether buyers can maintain control and turn this resistance test into the next leg higher for Bitcoin.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Source: https://coindoo.com/market/bitcoin-battles-final-resistance-as-100000-comes-back-into-focus/