Bitcoin fights the last resistance on the way to $ 100,000

The cryptocurrency market reacted to the news of the US military operations in Venezuela by growing leading assets such as Bitcoin, Ethereum, XRP XRP $2.39 XRP 12.01% Market capitalization $145.26 billion VOL. 24 hours $0.53 billion and Dogecoin. These events triggered increased investor interest and liquidation of short positions in the market, which led to significant price movements. Bitcoin rose by almost 4%, trading near $ 91,000-$ 92,000, while trading volumes increased by about 30%, indicating buyer activity. Ethereum also showed a rise, trying to stay above $ 3,100-$ 3,200, while Dogecoin and XRP also showed significant growth.

Analysts are paying attention to technical signals formed on the Bitcoin chart BTC $92,933.72 Mezo Wrapped BTC 0.81% Market capitalization $52.77 million VOL. 24 hours $1.57 billion , which may indicate the potential for further growth. In particular, some experts note that BTC is «fighting the last resistance» before a possible move to $ 100,000, which reflects the optimism of some of the market about long-term prospects. This does not guarantee such a scenario, but many market participants perceive technical indicators as a prerequisite for a potential breakout to the upside if buyers remain active.

Ethereum ETH $3,215.19 Bridged Ether (StarkGate) 0.97% Market capitalization $76.29 million VOL. 24 hours $1.1 billion , which traded around $ 3,180-$ 3,210 during the peak movement, shows relative stability compared to Bitcoin. The growth of other altcoins, including Dogecoin DOGE $0.15 Binance-Peg Dogecoin -0.03% Market capitalization $0.39 billion VOL. 24 hours $0.16 billion , in percentage terms was significant, indicating a general increase in risk appetite in the market. Such asset behavior is usually associated with a surge in interest in riskier instruments in response to strong news.

The liquidation of short positions played a role in this growth: during one of the periods, significant volumes of shorts were liquidated, which further fueled the price rise. This is a typical example of how the market can react to unexpected geopolitical signals, especially when traders actively use leverage in cryptocurrency trading.

At the same time, despite the current positive momentum, the market remains sensitive to news and participant sentiment. Further price movements will depend on whether buying pressure persists and whether technical signals for Bitcoin and other key cryptocurrencies are confirmed in the coming sessions.