Bitcoin (BTC) at Critical Crossroads: Will It Surge to $116K or Plunge to $105K Amid Rug Pull Fears?

Bitcoin teeters on a knife's edge as market sentiment fractures between bulls and bears.

Rumors swirl through trading desks—some whisper about coordinated sell-offs while others point to institutional accumulation patterns. The crypto king faces its most decisive moment since the last halving.

The $116K Scenario

Momentum traders stack long positions, betting that traditional resistance levels will crumble under institutional demand. On-chain data shows whale accumulation accelerating—smart money positioning for another leg up.

The $105K Nightmare

Short sellers circle like vultures, pointing to overleveraged retail positions and potential miner capitulation. A break below key support could trigger cascading liquidations—the kind that makes crypto Twitter go radio silent for 48 hours.

Meanwhile, Wall Street analysts publish conflicting reports hourly—because why settle for being wrong just once per day? The only certainty: volatility will brutalize weak hands on both sides.

Place your bets. The casino stays open 24/7.

Another Red Flag

Additionally, almost 88% of circulating Bitcoin is currently profitable. This level has previously witnessed overextended conditions. In past cycles, similar profit margins prompted corrections as traders secured earnings.

While not certain, the pattern raises concerns that Bitcoin could face turbulence despite broader bullish momentum.