 
 
Bitcoin is sitting at a crossroads this week, with major analysts outlining sharply divergent short-term paths that all point toward far higher levels once the next move confirms.
Crypto trader Michaël van de Poppe described BTC as “pivotal” ahead of the latest U.S. unemployment print, noting that near-term direction is essentially a coin flip.
However, Poppe outlined the $91.8K zone as a key line in the sand. The MN Capital founder believes holding that area would likely trigger an accelerated run toward $100K within days, driven by stacked liquidity above the current price and the potential for another forceful short squeeze.
On the other hand, a breakdown below $91.8K could spark a brief long-liquidation flush to $88K–$89K. Even that would keep the broader market structure firmly in an uptrend.
In the same vein, Market-mapping firm Swissblock highlighted that Bitcoin is currently testing its yearly open, a level they say “unlocks momentum” if reclaimed. A clean break above it sets up a push toward $97K–$98.5K, while a rejection could force BTC back to the $83K–$85K defensive zone.
 
Swissblock stressed that demand must hold there to prevent a fast continuation lower. For trend confirmation, the firm points to $94K–$95K as the decisive reclaim level that would officially flip the market back to a bullish bias.
Meanwhile, PlanB, the creator of the stock-to-flow model, offered a more comprehensive perspective. The analyst noted Bitcoin closed November near $90K, about 30% below its all-time high, with RSI dipping to 55.
Historically, that level has sometimes preceded bear markets, but PlanB said current dynamics differ. That is because institutional rebalancing behavior is keeping BTC in a tighter range and may support the thesis of a “new normal” RSI band between 55 and 75.
The analyst also reiterated that stock-to-flow still signals significant undervaluation, with even the lower end of his fair-value range sitting near $250K.