In this video, Ivan on Tech breaks down Bitcoinβs breakout above $110K and explains why this marks a historic shift. For the first time, Bitcoin has used $100K as price support, a major milestone. Ivan discusses what this means for the market, how AI is driving urgency for institutional Bitcoin adoption, and why altcoins are starting to show renewed strength.
Key Takeaways:
Bitcoin Breaks Out, Sets New Support at $100K
Bitcoin has officially flipped $100K from resistance into support, a level never held before. This signals strong market confidence and sets the stage for continued upside.
Price Discovery Has Begun
As BTC moves past $110K, traditional resistance levels no longer apply. Ivan highlights Fibonacci extension zones around $119K and $131K but notes that price discovery often leads to fast, unpredictable moves.
AI as a Threat and Catalyst
Artificial Intelligence is evolving faster than most businesses can react. Ivan argues legacy companies, especially Apple, are falling behind and may need Bitcoin to remain competitive. Just as MicroStrategy reinvented itself through BTC, Apple could be next.
Institutions Running Out of Time
Major players like BlackRock and even some governments are rapidly accumulating Bitcoin. With only $50 million in daily miner supply, Ivan warns that available BTC is running out fast.
Ethereum Waking Up
ETH is showing strong bullish signs, breaking out of long-standing price ranges. With ETF inflows and improved sentiment, Ethereum could be entering its own rally phase.
Solana Still Lagging
Solana remains in a short-term bearish trend. Ivan says it needs to break above $188 to confirm a clear uptrend, though long-term fundamentals remain intact.
Hype and Sui Showing Momentum
Altcoins like Hype and Sui are gaining traction. Hype has entered price discovery, while Sui continues to hold strong despite recent consolidation.
Bitcoin as a Hedge Against AI Disruption
Ivan emphasizes that Bitcoin is more than an asset. In a world rapidly changing due to AI, Bitcoin is emerging as a way for companies to hedge against uncertainty and stay relevant.
Long-Term Bullish Case Remains Strong
Ivan echoes Michael Saylor's view that traditional bear markets may be over. With increasing awareness and institutional demand, future pullbacks may be limited. $200K to $300K is not out of the question this cycle.
Outro:
Ivan encourages viewers to stay alert. Bitcoin is entering a phase of historic importance, not just for price but for its role in global finance. As AI continues to reshape industries, Bitcoin could become the ultimate safeguard for value preservation and strategic growth.