Bitcoin can reach as high as $105k in December 2025, according to a recent analysis by popular crypto analyst Michael van de Poppe. The analysis came only hours after Bitcoin’s surprise price recovery earlier in the day, with the crypto reaching as high as $94k. The sudden surge in buying activity liquidated some shorts, and many more are likely to do so if the premier digital currency makes a dash for the $100k price level.
Bitcoin to Drop to $88k then, Rocket to $105k later in the month
While many crypto traders were quite upbeat about the latest price appreciation, declaring a clear path to the $100k support level, van de Poppe gave an alternative proposal. He tweeted:
“Pretty strong move on $BTC, as it’s trading above the recent high and resistance.
There are multiple scenarios.
One of them is that we’ll continue to rally and hold $92K; however, I wouldn’t give that a large chance given the current market sentiment.
If $92K is lost, we’ll probably liquidate some longs and have a relatively harsh drop.
In that case, if $BTC corrects to anything between $88-90K, then that would be fine for the trend, as the lower timeframe is signaling that we’re in an uptrend.
I expect to see a test of $100K and potentially $105K during this month.”
Van de Poppe has over 815,000 followers on X (formerly Twitter), and he has been a major influencer in the crypto circles for the better part of the last 5 years. He refused to jump on the bullish bandwagon immediately and stated that we might have to brave a drop to $88k before embarking on a major offensive towards $100k.
Can Bitcoin Reach $100k this Month?
Bitcoin is currently just single percentage points away from reclaiming the crucial $100k price level. However, a move above this key psychological resistance is easier said than done, as billions of dollars’ worth of shorts liquidate just below $100k.
Here is the liquidation heatmap situation:
Image Source: CoinglassSo, based on this liquidation orderbook, the path of least resistance is certainly downwards just below the $90k level, as predicted by van de Poppe, so a sizeable number of longs will be liquidated. However, today’s sudden uptick has caught some short sellers off guard and led to liquidations. More of these futures contracts will be executed if Bitcoin breaches the $100k price level.
One X user disagreed on this take and replied:
“if $92K is lost, we’ll probably hear a lot of panic and see a lot of sell-offs”
However, many others were upbeat about this development, but unlike van de Poppe, they saw the $92k support level as an important level to watch. The following week will be crucial for a bullish close to the current calendar year.
Source: https://zycrypto.com/bitcoin-can-reach-105000-this-month-but-there-is-a-catch-analyst/
