Bitcoin Price Outlook: Key Support at $100K, Resistance at $110K as Exchange Reserves Decline and Macroeconomic Uncertainty Persists
Bitcoin price outlook remains stable as robust fundamentals counter a recent dip to the $103,000–$104,000 range. CryptoQuant analyst Axel Adler Jr. highlights a continued decline in Bitcoin exchange reserves, signaling ongoing accumulation by institutional investors and long-term holders. These factors strengthen support levels and suggest a potential market bottom. On the macroeconomic front, traders face mixed conditions: lower US PCE inflation lessens Federal Reserve pressure, but risk aversion persists due to rising yields and tariff uncertainties. Bitcoin is expected to move sideways between $103,000 and $110,000 in the short term. If trading volume and momentum increase, a breakout above $110,000 could push prices toward the $115,000–$120,000 range, reflecting bullish sentiment. However, if Bitcoin drops below $100,000 on negative inflows, a deeper correction may occur. Traders should closely watch exchange reserves, institutional flows, and key support levels for decisive trading signals. The Bitcoin price outlook remains a critical focus amid changing macroeconomic and on-chain indicators.
Neutral
The outlook for Bitcoin is neutral in the short term. While fundamentals are strong—highlighted by declining exchange reserves and active institutional accumulation—ongoing macroeconomic uncertainty and recent price retracements are encouraging cautious market behavior. The sideways trading expectation between $103,000 and $110,000, combined with trader risk aversion due to inflation, interest rates, and tariffs, supports a balanced stance. A move above $110,000 with strong momentum could shift sentiment bullish, whereas a drop below $100,000 would likely turn the outlook bearish. Until a confirmed breakout or breakdown, the overall trading signal remains neutral.