Bitcoin $100,000 Target Remains Possible If RSI Stabilizes and EMAs Reclaimed

Beincrypto reports Bitcoin could still reach $100,000 if momentum stabilizes and the 20-day and 50-day exponential moving averages (EMAs) are reclaimed. BTC has extended a pullback, slipping below $90,000 and trading roughly 3% lower over 24 hours and about 6.6% over seven days. Technically, the 12-hour chart shows a hidden bullish divergence: price made a higher low between mid-December and late January while the RSI made a lower low, which can signal fading selling pressure.

On the daily chart, Bitcoin recently lost both the 20-day and 50-day EMAs, but past fractals since June 2025 show strong rallies after reclaiming those EMAs (late June +16.9%, late September +11.7%, early January +10%). On-chain data indicate addresses holding 1,000–10,000 BTC have not declined since January 14, wallets holding more than 155 days increased inflows by 62% between January 14 and January 20, while wallets holding more than one year increased net outflows from about 25,700 BTC on January 14 to roughly 68,650 BTC by January 20 (a 167% rise).

Key price levels now decide the outlook: reclaiming $94,390 and $96,420 with a daily close above those levels would signal an EMA recovery and keep a move toward $100,000 ($100,240 line) in play. Conversely, a sustained break below $87,830 would weaken the RSI divergence, expose support near $84,350 and invalidate the rebound thesis.

Key Topics

Crypto, Bitcoin, Rsi, Whales, Hodlers