Bitcoin Surges Toward $100K as Capital Inflows Drive Breakout Momentum

Bitcoin has finally broken above the critical $98,000 resistance level and is now on the verge of making history as it tagged $99,890—just shy of the long-awaited $100K mark.

Bitcoin is on the cusp of making history as it tagged $99,890 today, coming tantalizingly close to the long-awaited $100K mark. Bulls have taken complete control, with momentum visibly accelerating and price action starting to confirm the uptrend that many analysts have anticipated for months.

After weeks of steady consolidation and higher lows, BTC is now showing clear signs of strength as it eyes new all-time highs. This resilience and capital efficiency are remarkable considering the market turmoil and macroeconomic headwinds that Bitcoin has faced throughout the year.

Supporting this bullish momentum, on-chain insights from CryptoQuant reveal a significant and sustained flow of capital into Bitcoin over recent weeks. This accumulation phase reflects renewed investor confidence and has driven Bitcoin’s Realized Cap to a new all-time high for the third consecutive week.

Realized Cap, which measures the total value of all coins based on their last movement, serves as a strong indicator of long-term conviction among holders. It’s also a useful metric for assessing the market’s recovery and capital efficiency.

With capital inflows rising and the $100K breakout now within reach, the market is watching closely. A confirmed move above $100K could spark the next major leg of Bitcoin’s bull cycle, while sustained accumulation signals that investor appetite remains strong, even at these historic price levels.

Bitcoin Gains Strength As Realized Cap Signals Buying Pressure

Bitcoin is showing increasing strength as it flirts with a breakout above the psychological $100,000 level. Bulls appear to be in control, and there are early signs that the strong selling pressure which defined much of the year could be abating.

The price action has turned decisively bullish, and Bitcoin is now trading just below $100K after tagging $99,890 earlier today. This move comes amid strong on-chain fundamentals, notably the sustained capital investment in the network, which is still flowing in despite the recent price gains.

According to CryptoQuant analyst Carmelo Alemán, Bitcoin’s Realized Cap has hit a new all-time high for the third consecutive week. As of 11:00 a.m. today, the Realized Cap stands at $890.742 billion.

This metric, calculated by summing the purchase price of every UTXO (Unspent Transaction Output) multiplied by the amount of BTC held, represents the total dollar value of coins based on their last movement. It’s a useful indicator of capital efficiency and the market’s recovery.

The rise in Realized Cap signals sustained capital inflows and growing confidence among both Long-Term Holders (LTHs) and Short-Term Holders (STHs), who have continued accumulating BTC, setting the stage for the next stage of the market's recovery.

This surge in investment reflects not only a shift in sentiment but also increasing conviction in Bitcoin’s role as a long-term financial asset. With momentum building and capital steadily flowing in, the market appears to be laying the groundwork for a major price expansion.

If the current trend continues, a confirmed breakout above $100K could mark the beginning of a new and powerful bull cycle—fueled not by hype, but by solid, data-backed accumulation.

Price Analysis: Testing $100K Resistance

Bitcoin is currently trading at $99,490 after a substantial +2.51% daily move that saw it nearly breach the significant psychological resistance at $100,000.

A glance at the daily chart shows Bitcoin breaking out of recent consolidation highs and entering a key price zone between $100,000 and $103,600. This range represents the final barrier before potentially entering price discovery and retesting the all-time highs set earlier this year.

Momentum is undoubtedly bullish. Bitcoin is now comfortably above both the 200-day Simple Moving Average (SMA) at $90,851 and the 200-day Exponential Moving Average (EMA) at $86,643—two major technical levels that previously acted as dynamic resistance.

The current chart structure clearly highlights a strong uptrend, supported by rising volume and consistent higher lows since the mid-April rebound.

What traders will be watching closely now is whether BTC can close above $100K and successfully turn it into support. A clean breakout above this zone could attract fresh capital and trigger an acceleration toward $103,600 and potentially even higher.

However, traders should also be mindful of potential rejection around the $100K mark, which has historically served as a strong profit-taking zone.

In summary, Bitcoin's price action is displaying strength, and technical momentum is indicating a continuation of the uptrend. The next few daily closes will be crucial in confirming whether BTC can break through this final resistance and enter a new bullish phase