Bitcoin has managed to stay above the $100,000 level for more than five weeks amid rising geopolitical tensions and persistent macroeconomic uncertainty, with analysts arguing that the level has become a permanent floor price rather than a “psychological support” in investors’ minds.
Elliot Johnson, CEO of the newly established Bitcoin Treasury Corporation, noted that Bitcoin has remained resilient, especially despite the Israel-Iran tensions and the relatively hawkish stance of the Fed announced this week. Johnson said, “Bitcoin has remained incredibly resilient in recent weeks,” emphasizing that the $100,000 level is now “firmly established.”
The FED kept interest rates steady yesterday, but the updated dot plot predicts only one rate cut in 2025. This is less dovish than the market expected. Analysts say this stance could extend the sideways trend in stock and bond markets.
Johnson also noted that Bitcoin has strengthened its position not only as a safe haven, but also as an alternative asset to the depreciating US dollar and a long-term treasury reserve. His founder, Bitcoin Treasury Corporation, aims to help institutional companies adopt Bitcoin as a long-term reserve asset.
One of the strongest examples of institutional demand was MicroStrategy, which bought $1.05 billion worth of new BTC last week. The company’s founder, Michael Saylor, is the largest investor in Bitcoin.
Nic Puckrin, founder of Coin Bureau, also said that markets have generally entered a “wait-and-see” mode. Drawing attention to the stagnant course in oil, gold, the S&P 500 and the dollar index, Puckrin said, “But Bitcoin is disrupting this course. $100,000 is no longer just a support level, it is settling in investors’ minds as a base price.”
According to Puckrin, there are also macroeconomic headwinds behind this resilient stance. While two interest rate cuts are still expected for 2025, signals from the Bank of Japan that it will ease monetary tightening in 2026 also suggest that liquidity could increase again. In this scenario, Bitcoin is expected to be the biggest gainer, according to the analyst.