After Hyperliquid, Bitcoin Could Be Next to Hit a New ATH: 3 Signals Point to $100K

Bitcoin price is back in the spotlight after the latest surge to $87,000 as market sentiment flipped in favour of the bulls. The bullish push is backed by strong institutional demand, along with the technicals and on-chain data turning bullish. With the ETF accumulation strengthening, on-chain momentum improving, and the BTC price testing key resistance levels, the question arises whether Bitcoin can keep up the bullish momentum and reclaim $100K.

Bitcoin ETF Accumulation Picks Up as Institutional Demand Picks Up

Bitcoin’s latest rally is supported by a sharp rebound in spot ETF demand. US spot Bitcoin ETFs recorded nearly $998.95 million on September 21, which is the strongest single-day inflow since October 2025. The buying also extended into a three-session break, taking cumulative inflows to nearly $1.6 billion. 

BlackRock’s IBIT led Monday’s inflows with about $381.4 million, while ARKB and Fidelity’s FBTC also attracted substantial capital. This suggests renewed institutional demand is arriving as BTC pushes through key resistance, potentially providing the liquidity needed for Bitcoin to sustain its recovery toward $100,000. 

On-Chain Momentum Turns Bullish 

Bitcoin’s on-chain data is starting to paint a more constructive picture, with Glassnode’s latest MVRV moving above its 365-day average. This has marked a shift in momentum that has previously appeared during Bitcoin’s recovery phases. The chart also highlights similar turning points in 2019 and 2023, when Bitcoin eventually entered a stronger upward trend.