After a sharp decline in the beginning of last week, bitcoin prices found support at the level of 96,000. Yesterday, there were active attempts to break through this level from the top, but the trading session ended with the triumph of the bulls. The price continues to grow today, and in the coming days the cost of the main cryptocurrency may return to the psychologically important level of $100,000. Both technical and fundamental factors are in favor of this scenario.
According to CoinShares, the drawdown in bitcoin prices in early February encouraged long-term investors to increase long positions. Over the past week, $1.3 billion was invested in the cryptocurrency market, doubling the amount invested during the last week of January. More than 30% of this sum was allocated to bitcoin-related ETFs. Since the beginning of 2025, the inflow of liquidity into these instruments has already exceeded $7.3 billion.
As the Financial Times reports, this trend is actively supported by US endowment funds. In particular, the University of Austin and several other American educational institutions with more than $5 billion under management announced an increase of their investments in cryptocurrency. Such a surge in institutional interest represents a broader acceptance of digital assets as a tool for diversifying investment portfolios.
CoinDesk analysts reported that bitcoin mining difficulty set a new all-time high over the weekend. However, the price of the main cryptocurrency did not rise similarly, fueling expectations of a new upward momentum. Historically, these indicators have always moved in the same direction, as otherwise mining becomes unprofitable. The previous mismatch took place in October, after which the bitcoin price increased by 50% in just a month.
The Stochastic indicator has reached the oversold zone and suggests a high probability of further rise in bitcoin prices. The buyers’ nearest target is 100,000.
Consider the following trading strategy:
Buy BTCUSD at the current price. Take profit – 100,000. Stop loss – 96,000.
This content is for informational purposes only and is not intended to be investing advice.
