Bitcoin Reclaims 365-Day MA as $100K Target Comes Into View

• Bitcoin closed above its 365-day moving average for the first time since March 2023, with the indicator near $80.5K.
• CryptoQuant identifies $88K-$90K as the next major supply zone, while BTC holds above $84,569 support.
• Ali Charts highlights $100,000 and $104,765 as major resistance levels amid strong whale and ETF demand.

Bitcoin closed above its 365-day moving average for the first time since March 2023, according to CryptoQuant. The indicator sits near $80.5K while Bitcoin trades around $86K. CryptoQuant said the crossover confirmed a new bull market, while analyst Ali Charts highlighted $100,000 after Bitcoin gained more than 50% since July.

CryptoQuant Marks A New Cycle Signal

CryptoQuant said the 365-day moving average confirmed Bitcoin’s bull markets in 2019 and 2023. However, closes below the indicator marked bear markets in late 2021 and November 2025. The 365-day moving average had remained below Bitcoin until the latest move. 

CryptoQuant’s Bull Score Index and Bull-Bear Market Cycle Indicator had already reached early bull stages by mid-August. Bitcoin also moved through the $76K-$81K on-chain supply cluster. 

https://twitter.com/cryptoquant_com/status/2102387749009719641?s=20

Long-term holders and seven-year-old OG coins had sold heavily within that range this year. The next supply cluster sits between $88K and $90K. That zone also matches the upper band of trader on-chain realized price near $90K.

Ali Charts Tracks Whale And ETF Demand

Ali Charts said Bitcoin has risen more than 50% since reaching $57,749 on July 1. He also reported 2,722 transactions worth more than $1 million. Meanwhile, U.S. spot Bitcoin ETFs accumulated more than $1.60 billion worth of BTC over 72 hours. 

https://twitter.com/alicharts/status/2102323522840236435?s=20

Ali Charts said large investors continued participating during the rally. Bitcoin currently sits above support near $84,569, where nearly 600,000 BTC previously traded. Another major demand zone sits near $77,000.

$100K Levels Enter The Bitcoin Price Map

Ali Charts identified $104,765 as the next major URPD resistance. Roughly 283,000 BTC previously traded around that level. The MVRV Pricing Bands place another resistance near $100,670.  The mean band represents the next key level highlighted by Ali Charts.

Meanwhile, the -0.5 MVRV band is near $74,361 and acts as major support. CryptoQuant also identified the 200-day moving average near $70.6K. The 365-day moving average is near $80.4K. 

These levels sit below Bitcoin’s current price near $86K. CryptoQuant identified $88K-$90K as the next resistance zone. Ali Charts separately placed $100,000 in focus while Bitcoin remains above $84,569.