Bitcoin Price Forecast: BTC Could Rally to $100k If Resistance Is Broken

Highlights:

• Bitcoin is trending towards the $92,546 resistance 
• A rally through this resistance could see BTC hit $100k soon
• Expected US rate cuts could be the catalyst for such a rally 

Bitcoin (BTC) is in the green today, a continuation of the rebound that started over the weekend. At the time of going to press, Bitcoin was trading at $92,029.92, up by 3.01%. Bitcoin trading volumes are also on the rise intraday. 

When writing, Bitcoin trading volumes stood at $55.07 billion, an increase of 57.49% in the day. This is an indicator that investors are coming in strongly in anticipation of more Bitcoin gains in the short to medium term.  There are a couple of factors that are driving the rising bullish sentiment around Bitcoin. 

Bitcoin Bulls’ Confidence Grows As FOMC Draws Nearer

One of them is the expectations around US interest rates. The FOMC meeting starts tomorrow, December 9, and on Wednesday, December 10 at 14:00 ET, a decision will be announced. The expectation is strong that the Federal Reserve will cut rates.

Since a rate cut tends to benefit risk-on assets, expectations are high that Bitcoin could rally immediately after a cut is announced. As such, investors are rushing into Bitcoin with expectations of more gains later in the week. The result is the buildup in upside momentum that is happening at the moment.

$BTC – short-term momentum check

4H chart hopium:

Price has been staying above the cloud ever since breaking out on 2nd December, with two back-tests done successfully (marked in circles). Decent setup but we want a higher high on this current impulse, which will be candle… pic.twitter.com/tQMG4DY9SE

— SHM (@SHM_Bull) December 8, 2025

If, during the FOMC, remarks are made that point to a clear rate cut decision later on Wednesday, BTC could easily rally to $100k or more in the very short term. The excitement around a possible incoming rate cut is also enhanced by the fact that quantitative tightening ended on December 1.

As such, investors expect that there will be a flood of liquidity into assets such as Bitcoin, which could be strong going into 2026. This and the perception that Bitcoin bottomed out with the drop to $82k could send the price rallying to $100k in the very short term. In the medium term, a rate cut during the upcoming FOMC could send Bitcoin to prices as high as $200k.

Onchain Metrics Point to Rising Bitcoin Demand

Increasingly bullish on-chain metrics are also driving Bitcoin’s rising bullish momentum. Data indicates that spot demand for Bitcoin is on the rise. This reflects a shift in sentiment compared to a few weeks back, when there was heavy selling in the spot market.

Bitcoin ETFs are also starting to record increased inflows. All these point to a situation where confidence in Bitcoin as an investment is coming back. This, coupled with Bitcoin’s scarcity, is likely to push Bitcoin higher going into the future.

$BTC is steadily rising.

Currently, net buying is occurring on Binance and OKX. Chinese whales are net buyers of $BTC. pic.twitter.com/X9bE4Sx6Pu

— CW (@CW8900) December 8, 2025

As the macro environment turns more risk-on, cryptocurrencies will increasingly become the focus of gains-chasing investors. However, for the better part of 2025, most money flowing into Bitcoin has increasingly flowed into Bitcoin. This was most evident when Bitcoin rallied to an all-time high, while most altcoins were still stuck deep in bear territory.

As such, unlike in the past when investors threw money into the whole market, Bitcoin is likely to be the biggest beneficiary of a new cryptocurrency rally. The result of FOMO around Bitcoin could see its price rally to new highs in the short to medium term.

Technical Analysis – BTC Could Rally to $100k as It Approaches Resistance

Bitcoin is firmly in the green after bouncing off the $88,810 support over the weekend. If the bulls sustain this momentum, then a rally to the $92,546 resistance could follow. A rally through this resistance could send BTC to $100k in the short term. 

On the other hand, if the bulls lose control, two scenarios could play out. The first is a possible consolidation around the $92,546 resistance until after the Federal rate cut decision. The second is a potential correction that could see Bitcoin reach around the $88,810 support. Of these scenarios, a consolidation around resistance is more likely to be followed by a rally if the Fed cuts rates.