Bitcoin Could Top $100K But Not for Long – Here’s Why

In Brief

• Analysts say Bitcoin could briefly rise above $100,000, but the breakout may be short-lived.
• Despite the latest recovery, experts warn that the broader downtrend remains intact.
• Bitcoin’s rebound has triggered gains across major altcoins, a pullback could amplify losses.

Shedrach Kongvong 2025-12-03

Bitcoin has made a nice recovery, reaching over $93,000 and there are chances of the recovery continuing for a while. One crypto expert says the price may even surpass $100,000 but will likely not stay there for long.

According to the analyst known as Ted, the coin may rise as high as $102,000, but key metrics such as buy-side liquidity, market structure, and low momentum, among others suggest that the upward move may not last before another correction sets in.

$BTC could test the 102k area, but current market behavior indicates that the move is likely a liquidity sweep targeting resting buy orders above recent highs.

Buy-side liquidity remains weak, and there is little evidence of aggressive initiators stepping in.

Although seasonal…

— Ted (@TedPillows) December 3, 2025

Low Participation Weakens Bitcoin’s Rally

After a discouraging correction from over $91,000 to $86,000, Bitcoin started a recovery again and is now trading at over $92,000. According to veteran trader Peter Brandt, the recovery was a dead cat bounce which later ended leading to the correction.

Despite the current recovery to over $92,000 today, analysts are skeptical about the sustainability of the rally because of the lack of support to sustain it. According to Ted, the market doesn’t yet have aggressive initiators stepping in to strengthen it. Also, the lower highs and declining open interest point to “limited upside follow-through.”

This means the downtrend is still intact and the rally may just be another dead cat bounce before a real reversal. Meanwhile, another analyst has also predicted high volatility owing to macroeconomic events such as unemployment data, Purchasing Managers’ Index (PMI) and the FED meeting coming up next week which may cause major disruptions, especially as the asset doesn’t have strong support.

Good move of the markets, as #Bitcoin is above $93K!

Macroeconomic days are coming up with unemployment data, PMI and the FED next week.

It's going to be volatile, but this is a good start of this month.

Good morning.

— Michaël van de Poppe (@CryptoMichNL) December 3, 2025

Interestingly, Bitcoin has made several such attempts at breaking out since it tapped the $83,000 low, but has not succeeded in making any significant progress. The lack of support and weakness in the market leaves one wondering when a decisive bottom may be reached to initiate a reversal.

Bitcoin Rally Stirs Altcoin Pump

As Bitcoin started recovering and now trades above $93,000, altcoins have responded in a similar fashion with top ones seeing significant 24-hour gains. For example, Cardano is up over 13% to lead the top ten assets in recovery.

This is expected because Bitcoin’s price movements have historically led to altcoins also rallying. Unfortunately, a Bitcoin drop also initiates a more serious correction in altcoins, so analysts advise precaution especially for day traders.