3 Key Indicators That Suggest Bitcoin Price Will Hit $100,000 Soon

After crashing almost 15%, Bitcoin spent almost a week below $100,000 and BTC is currently trading at $94,124. Despite the sharp crash and sideways movement, when will Bitcoin price reach $100,000? This article explores three key on-chain indicators that suggest BTC is preparing for a strong rebound.

In the previous article, CoinGape explores three reasons why the Bitcoin price crash will soon end. This article explores why BTC is expected to soon rebound and return to the all-time high of $100,000.

3 key indicators that could propel Bitcoin price to $100,000

According to on-chain data provider Santiment, the network realized profit/loss (NPL) indicator peaked at around 106,000 and 100,000 on December 19 and 20, respectively. This profit-taking suggests that investors sold in panic. Hence the chances of a further decline due to strong selling pressure.

BTC NPL

This thesis is also supported by the fact that the 30-day MVRV (market value/realized value) ratio has fallen below zero and stands at -4.77%. This is between 5 and 10% where BTC has bottomed over the past two months. The fact that BTC’s 30-day MVRV is within the opportunity zone suggests that a reversal is likely in the coming days.

BTC price versus 30-day MVRV

Finally, supply distribution metrics show that whales have accumulated 30,000 BTC since the ATH. These portfolios that hold between 100 and 1,000 BTC have shown resilience despite the short-term correction and suggest that investors are optimistic for the final days of 2025.

BTC Whale Supply Distribution

Overall, the Bitcoin price outlook appears optimistic and a potential decline is highly unlikely. Even if it declines, it should stabilize around $90,000. As mentioned in yesterday’s Bitcoin article, the decline will likely reverse soon and trigger a consolidation or reversal.

Additionally, the fourth quarter is generally bullish based on historical price action, which adds credence to what technical data and on-chain metrics show. Therefore, the current downtrend is unlikely to continue and a potential rebound could occur soon.

Frequently Asked Questions (FAQ)

The three metrics are: Network Realized Profit/Loss (NPL) indicator, 30-day MVRV ratio, and supply distribution metrics showing whale buildup.

The 30-day MVRV ratio has fallen below zero, indicating that a reversal is likely in the coming days, as it bottomed over the past two months between 5% and 10%.

Whales accumulating 30,000 BTC from the ATH indicate investor optimism and resilience despite the short-term correction, suggesting a potential rebound.