Bitcoin Price Approaches $100K as Key Resistance Is Tested
- Fidelity’s Jurrien Timmer suggests a break above $80,000 confirms a Bitcoin double bottom targeting $100,000.
- Bitcoin hit lows of $60,033 and $57,742 in early and mid-2026, undercutting the previously flagged support level of $65,000.
- Kalshi traders currently give a Bitcoin price above $100,000 in this year a probability of just 39%, down from previous estimates.
- U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $134 million on September 25th, marking the seventh consecutive day of inflows.
Jurrien Timmer from Fidelity has shifted his outlook on Bitcoin after it surpassed the critical resistance level of $80K, suggesting a potential new bull market cycle. Despite this optimism, prediction markets remain cautious about Bitcoin reaching the $100K mark within this year.
(Source)
