Bitcoin (BTC) trends toward $100,000. Will bears sell at this level?

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Bitcoin trends toward $100,000. Will bears sell at this level?

Altcoins are trading above their respective support levels, suggesting that an altcoin rally is brewing.

Bitcoin’s (BTC) tight consolidation resolved in favor of the bulls with a break above the $95,000 barrier on May 1. The bulls are trying to push the price to the psychologically crucial level at $100,000, which may again witness a tough battle between the bulls and the bears.

Veteran trader Peter Brandt sounded positive when he said in a post on X that Bitcoin could rally to the $125,000 to $150,000 range by August or September 2025 if it manages to regain its broken parabolic slope. However, Brandt cautioned that the rally could be followed by a sharp correction of more than 50%.

As Bitcoin nears the 100,000 mark, onchain analytics firm Glassnode cautions that the long-term holders (LTHs) may be tempted to book profits. The firm said in its newsletter that the LTHs tend to book profits when their profit margin reaches 350%, and that level will be hit at $99,900. A significant amount of buy-side pressure is needed to overcome the selling to continue the up move.

Could Bitcoin break above $100,000, pulling select altcoins higher? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price prediction

Bitcoin’s break above $95,000 signals an advantage to buyers, but the bears are unlikely to give up easily.

Sellers will try to pull the price back below $95,000, trapping the aggressive bulls. If they can pull it off, the BTC/USDT pair could test the 20-day exponential moving average ($91,391). This is a necessary support to watch out for as a solid bounce off the 20-day EMA suggests the bullish sentiment remains intact. That increases the likelihood of a break above $100,000. The pair may then reach $107,000.

This optimistic view will be invalidated in the short term if the price turns down and breaks below the 20-day EMA. The pair may then tumble to the 50-day simple moving average ($86,236).

Ether price prediction

Buyers successfully defended Ether’s (ETH) drop to the 20-day EMA ($1,757) on April 30, signaling demand at lower levels.

The gradually sloping 20-day EMA and the RSI in the positive territory indicate a slight edge to the bulls. If the price maintains above $1,857, the ETH/USDT pair could climb to the breakdown level of $2,111. There is minor resistance at $1,957, but that is likely to be crossed.

This positive view will be invalidated in the near term if the price turns down and plunges below the moving averages. That could pull the pair down to $1,537, which is expected to attract buyers.

XRP price prediction

The bulls have managed to keep XRP (XRP) above the moving averages, but the bounce lacks strength.

The flattening 20-day EMA ($2.17) and the RSI just above the midpoint do not give a clear advantage either to the bulls or the bears. Buyers will seize control on a break and close above the resistance line. That clears the path for a rally to $3.

On the contrary, a break and close below the moving averages could sink the XRP/USDT pair to the solid support at $2. This is a critical level to keep an eye on because a break below $2 could pull the pair to $1.61.

BNB price prediction

BNB (BNB) is witnessing a seesaw battle between the bulls and the bears at the moving averages.

If the price maintains below the moving averages, the BNB/USDT pair could slump to $576 and later to $566. Buyers are expected to vigorously defend the $566 level because a break below it may sink the pair to $520.

The bulls will have to push the price above $620 to signal strength. The pair could then rise to $644, which is likely to act as a strong resistance. If buyers bulldoze their way through, the pair could surge to $680.

Solana price prediction

Solana (SOL) continues to face selling at the $153 level, but a positive sign is that the bulls have not ceded much ground to the bears.

The sloping 20-