Bitcoin Records First Key Weekly Close Since January with $100,000 Target

Bitcoin is showing signs of a tactical recovery, climbing back toward the $77,000 level as bearish momentum begins to fade. This price action follows a significant weekly close above the 21-week EMA, aligning with Arthur Hayes’ long-term projection of $125,000 by late 2026 based on global liquidity trends. Recent movements suggest a pivotal shift in market structure that could potentially avert the deeper corrective phase toward $68,000 previously feared by analysts. While institutional outflows from ETFs and exchange inflows remain under watch, the current rebound signals a reduction in immediate selling pressure. Investors are now assessing whether this recovery can sustain itself against macroeconomic headwinds and Federal Reserve policy outlooks. The interplay between strengthening technical support and the psychological $100,000 target remains the focal point for market participants.