Bitcoin Reclaims $110K: Bullish Breakout or Just a Dead Cat Bounce?

Bitcoin’s return to the $110,000 mark has reignited speculation about whether the current rally is sustainable—or just a dead cat bounce. After dropping from its all-time high of $111,970.17 to as low as $106,000, Bitcoin has regained momentum, currently trading at $110,057, up 2.2% in the past 24 hours, according to CoinMarketCap.

While some analysts suggest this recovery may be short-lived, on-chain metrics show increasing whale accumulation. Notably, prominent investors and influencers such as Robert Kiyosaki continue to promote long-term holding strategies, urging retail and institutional players to “stack sats” in preparation for further gains.

The lack of widespread selling pressure from long-term holders supports the bullish case. If these holders continue to resist profit-taking, the odds of a significant breakdown decrease. So, what’s next for Bitcoin? The $111,000 to $112,000 range remains a critical resistance zone.

Since January, BTC has tested this level multiple times, and bullish forecasts suggest it could break out significantly. Some projections estimate Bitcoin could reach $500,000 within the year, while more aggressive bulls like Samson Mow argue for a long-term price of $1 million.

Institutional interest, led by firms like Michael Saylor’s Strategy Inc., continues to apply upward

pressure on price. With demand outpacing supply, the long-term trajectory for Bitcoin appears

optimistic—if market momentum holds.