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Bitcoin to PKR valuation jumped sharply after Bitcoin recorded its highest level of 2026, climbing above $97,000 in early January. The latest market data shows strong bullish momentum, suggesting that BTC may be gearing up for a decisive move toward the long-awaited $100,000 mark as investor confidence improves across spot and derivatives markets.
Bitcoin extended its start-of-year recovery by reaching as high as $97,500 before stabilizing near $96,800. This move marked a confirmed higher-high structure on daily charts, weakening resistance around $95,000. As BTC strength reflects directly on Bitcoin to PKR valuations, local investors also saw renewed optimism following weeks of consolidation.
Market analysts note that resistance above $95,000 remains thin, leaving room for a potential technical rally toward the $103,000–$107,000 range if momentum continues.
On-chain indicators show improving sentiment. The Coinbase Premium Index, often used to track US-based demand, has stabilized after recent selling pressure, signaling reduced panic among institutional participants. At the same time, Bitcoin inflows to Coinbase Advanced are running well above average, historically a sign of accumulation rather than distribution.
Derivatives data further strengthens the bullish case. A surge in Binance net taker volume, with aggressive buying exceeding $500 million in a single hour, coincided with rising open interest. According to CryptoQuant analyst Amr Taha, such conditions typically align with trend continuation rather than market tops.
Adding to this, Bitcoin funding rates recently touched their lowest levels since October 2025, reflecting heavy short positioning. As prices moved higher, many of these shorts were forced to unwind, accelerating the rally.
With $95,000 now acting as support, traders are closely watching the psychological $100,000 level. A successful break above it could open the door to higher supply zones near $103,500. On the downside, the $92,500–$90,000 range remains a critical support area where BTC could form its next higher low if volatility increases.
Overall, improving liquidity conditions and supportive on-chain signals suggest the bull market narrative is gaining traction once again, with Bitcoin to PKR trends closely following global price action
