Bitcoin (BTC) surges $100,000, laying the foundation for a new wave of impulse

Bitcoin (BTC) once again broke through the six-digit mark, firmly crossing the $100,000 threshold, with strong market momentum.

Bitcoin (BTC) once again broke the six-digit mark with strong momentum, surpassing the $100,000 threshold. Bitcoin was trading at $103,655 as of 8:38 a.m. ET on Friday, reflecting a nearly 10% gain over the past week.

This ongoing rally pushes Bitcoin to $100,000 without the signs of bubbles that usually appear in the derivatives market, K33 research notes note that this lays the foundation for longer-lasting momentum and new all-time highs.

Bitcoin regained its six-digit numbers after continuing strong momentum. Unlike the past $100,000 breakthrough, we believe there is no sign of bubble in the derivatives market, which enhances the possibility of sustained momentum and new all-time highs.

$109K: The key level of Bitcoin’s next wave of impulse

Crypto analyst Egrag Crypto highlights the importance of $109,000 to Bitcoin. If Bitcoin can break through this price, it will confirm the next wave of impulse upward.

If Bitcoin can close above this price, the next wave of impulse will be confirmed. According to Egrag, this will show that the bulls are in full control, laying the foundation for further growth and possibly reaching new all-time highs. The lack of excessive leverage in the derivatives market has also enhanced the potential for a healthier upward trend.

BTC - $109K will be the signal!

I've been saying we're in the correction phase since January 22 - check out my previous post below.

What's next?

Confirm the upward trend:

To verify that the bullish momentum will continue, #BTC bulls need to push the price above 109k.

Conversely, if Bitcoin cannot maintain power near these levels, a shift may occur. In this case, traders should pay close attention to the advantages of Bitcoin. The sharp decline in advantage, especially if Altcoins starts to rise positively, may mark the beginning of market rotation. This behavior usually marks a local top and before a broader market correction.

Advanced coins, Bitcoin advantages and current market behavior signals

Market participants should pay attention to Altcoin performance relative to Bitcoin. The strong Altcoin gain, coupled with a decline in BTC's advantage, may indicate the beginning of the transition phase.

Egrag recommends that profit-taking and holding cash may be a prudent strategy during such transition periods. Historically, the Alts season tends to appear before the bull market ends, and the cycle may follow a similar path.

However, if Bitcoin continues to grow steadily while Altcoins lags behind and BTC’s advantage remains firm, the market could enter a long-term bullish phase that could continue into the summer and enter the fourth quarter of 2025, providing strategic entry points for institutional and retail investors to take advantage of Altcoin trends in the late-cycle period.

Institutional advantages seen in the current elasticity of the Bitcoin market

The continued rise lacks a lot of retail participation, which usually marks the late stages of a bull market. This shows that institutions enter during periods of market calm. According to Egrag Crypto, Bitcoin consolidates between Fibonacci levels 0.786 and 0.888, showing resilience rather than fatigue.

If this consolidation can be solved in the upward aspect, the next step may be rapid and decisive. Although there is still a risk of correction, current market behavior supports a bullish continuation. With the key trigger point of 109k, everyone is paying attention to whether Bitcoin can push into unknown territory.

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