|

Bitcoin Price Analysis: Unity Wallet COO hints bear trap signals as BTC retakes $100K

  • Bitcoin price rebounded above $100,000 on Monday, after plunging 15% in the last four days amid a testy macroeconomic landscape.
  • Institutional investors swooped in to halt the market dip, with $1 billion in leverage promptly mounted at the $89,000 support level.
  • Unity Wallet COO hints the recent market dip could send BTC to all-time highs.

Bitcoin price rebounds 6% to Retake $100K

Amid escalating trade war tensions, Bitcoin faced intense selling pressure over the weekend, as U.S. traders moved funds away from risk assets in response to inflation concerns. The uncertainty triggered a wave of sell orders queued up ahead of Monday’s market open, pushing BTC into a sharp decline.

However, as the day progressed, institutional investors capitalized on the dip, swiftly acquiring BTC at lower price levels, sparking a rapid market recovery. TradingView data shows Bitcoin rebounded by 6% to reclaim the $101,000 mark at press time.

Bitcoin Price Action | BTCUSDT

Market watchers suggest that the recent trade conflict could ultimately prove bullish for BTC. Protectionist policies often lead to heightened global economic uncertainty, prompting investors to seek alternative assets. The confluence of these factors is fueling speculation that BTC could soon challenge all-time highs.


“It’s remarkable the difference a day can make in the crypto world. What we have seen over the weekend is how, with one hand, Trump can make crypto leap to new highs, and with the other, he can wave his magic tariff wand and wipe out all the gains in both the crypto and equity markets.”

“Although the Trump factor is certainly at play, the recent downturn in Bitcoin’s value and the broader decline across global equity markets can also be attributed to technological disruptions, particularly as the AI arms race becomes red-hot following the introduction of DeepSeek.”
- James Toledano, COO at Unity Wallet

Bulls Mount $1.8B Support Around $90K as BTC Fights Back

Bitcoin’s recent volatility has been closely monitored through Coinglass Liquidation Map charts, which provide a snapshot of key price levels where traders have positioned leverage. Clusters of high-leverage positions indicate areas of significant speculative trading interest, with traders likely to defend these levels aggressively.

Bitcoin (BTC) Liquidation Map | Source: Coinglass
 

Bitcoin (BTC) Liquidation Map | Source: Coinglass

The latest data highlights a key support level at $90,000, where bulls have concentrated  $1.8 billion in leverage—representing nearly 40% of the total $5.2 billion in long positions currently open. This surge in bullish leverage has now restored dominance to long traders, whose $5.2 billion in positions far exceeds the active short leverage of $700 million.

With bulls now back in control, Bitcoin’s price action may be setting up for a classic bear trap, where market makers strategically liquidate short positions before reversing the market to the upside. Should this scenario play out, BTC could be poised for a sustained bullish breakout, potentially testing new all-time highs in the coming weeks.
 

Author

Ibrahim Ajibade

Ibrahim Ajibade is an accomplished Crypto markets Reporter who began his career in commercial banking. He holds a BSc, Economics, from University of Ibadan.

More from Ibrahim Ajibade
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

BNB Price Forecast: BNB slips below $855 as bearish on-chain signals and momentum indicators turn negative

BNB, formerly known as Binance Coin, continues to trade down around $855 at the time of writing on Tuesday, after a slight decline the previous day. Bearish sentiment further strengthens as BNB’s on-chain and derivatives data show rising retail activity.

Top Crypto Losers: Aster, Midnight, and Ethena extend losses as selling pressure mounts

Aster, Midnight, and Ethena are the altcoins with the most losses over the last 24 hours, as the broader cryptocurrency market weakens amid Bitcoin dropping below $86,000. ASTER, NIGHT, and ENA risk further losses as selling pressure mounts and risk-off sentiment spreads across the crypto market.

Ethereum Price Forecast: BitMine acquires 102,259 ETH as price plunges 5%

Ethereum (ETH) treasury company BitMine Immersion scaled up its digital asset stash last week after acquiring 102,259 ETH since its last update. The purchase has increased the company's holdings to 3.96 million ETH, worth about $11.82 billion at the time of publication.

Strategy scoops about $1 billion in Bitcoin for second consecutive week

Bitcoin (BTC) treasury and financial intelligence firm Strategy expanded its holdings following another round of weekly accumulation.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.