BTC Price Analysis: Bitcoin Targets 100K as Weekend Rally Meets 89.4K CME Gap Risk

⬤ Bitcoin experienced significant weekend movement as it pushed toward a major resistance area. The price reclaimed the 91.8K level after sweeping liquidity below the market during Sunday’s session. This quick rebound suggests renewed buying pressure, even though it happened during the typically quiet weekend hours when trading volume tends to be lighter.

⬤ With short-term liquidity now cleared, Bitcoin is eyeing the resistance zone around 100.7K. The 91.8K level proved critical—holding above it prevented a potential drop into the mid-80K range. Now that BTC has secured this support, bulls are looking at a possible run toward the 100K–102K resistance band, which represents a significant supply area. But there’s a catch: a new CME gap appeared near 89.4K, which means Bitcoin might dip back down early this week to fill that gap before continuing higher.

⬤ “The combination of reclaimed support and the 100K target creates a critical technical juncture for Bitcoin’s near-term trajectory,” market observers noted, highlighting how weekend price action often sets the tone for the week ahead.

⬤ The chart structure shows a potential path for further gains if Bitcoin maintains support above the mid-range and breaks through the highlighted resistance block. Volume has picked up, suggesting increasing market participation. If BTC manages to push through the identified resistance, sentiment could improve dramatically. However, the CME gap remains an important technical consideration since these gaps have historically been filled before major trends continue.

⬤ This setup is particularly important because Bitcoin’s behavior during low-liquidity weekends frequently influences how the market trades early in the week. Right now, we’re seeing a strong rebound, a well-defined resistance near 100K, and a freshly opened CME gap—all converging at once. Whether Bitcoin powers through resistance or pulls back temporarily will likely determine market sentiment, trend direction, and risk appetite across crypto in the coming days.

My Take: The 91.8K reclaim is bullish, but don’t ignore that 89.4K CME gap. History shows these gaps get filled more often than not. A quick dip before the 100K push wouldn’t surprise me—it might even be healthy for a sustainable breakout.

Source: Michaël van de Poppe