Bitcoin Double Retest Near $100K May Signal Rally as MicroStrategy Adds 196 BTC

• Double retest at $100K–$110K signals buyer defense and potential continuation of the bullish market structure.

• MicroStrategy bought 196 BTC (~$22.1M), bringing corporate holdings to 640,031 BTC as of Sept 28, 2025.

• Historical precedent: a similar double retest before Q4 2023 preceded a ~185% multi-month rally.

Meta description: Bitcoin double retest near $100K signals buyer support; MicroStrategy buys 196 BTC. Read market structure analysis and institutional update now.

What is the Bitcoin double retest at $100K–$110K?

The Bitcoin double retest is a market structure where price breaks above resistance, retests the breakout level twice and holds support, indicating buyer conviction. This current formation near $100K–$110K shows buyers defending key levels and may set the stage for extended bullish momentum if sustained.

How did a similar pattern affect Bitcoin in 2023?

The prior double retest before Q4 2023 occurred after Bitcoin reclaimed $30,000, retested it twice and then rallied roughly 185% over subsequent months. Historical data suggests repeatable behavior when buyer defense is intact at major support zones, though past performance is not a guarantee of future results.

Bitcoin shows a double retest near $100K, mirroring 2023 patterns, while MicroStrategy adds 196 BTC, raising total holdings to 640,031.

• Bitcoin forms a double retest near $110K, reflecting the 2023 pattern that led to a 185% surge over several months.
• Buyers defend $100K strongly, preventing sellers from reclaiming control and creating momentum for potential continued bullish moves in Bitcoin.
• MicroStrategy acquires 196 BTC at an average price of $113,048, bringing total corporate holdings to 640,031 BTC since 2020.

Traders are focused on the double retest as a confirmation of support. When buyers repeatedly defend a breakout level, it reduces sell-side pressure and often precedes trend continuation. The current readings show the market structure aligning with the setup seen ahead of the 2023 rally.

Why does the $110,000 level matter for Bitcoin?

Front-loading the key point: $110,000 acts as a confirmation zone for the double retest. Holding above that range validates the bullish structure and keeps upside scenarios intact. Conversely, a sustained break below may invalidate the double confirmation and increase short-term downside risk.

What does MicroStrategy’s latest purchase mean for institutional demand?

MicroStrategy’s purchase of 196 BTC (approx. $22.1M at an average of $113,048) reaffirms the firm’s accumulation strategy. As of September 28, 2025, MicroStrategy reports holding 640,031 BTC bought for roughly $47.35 billion at an average cost of $73,983 per coin. Continued corporate buying supports long-term demand dynamics.

Analyst observations note the price sequence: breakout → first retest → rebound → second retest. The second confirmation is critical because it demonstrates sustained buying pressure rather than a brief bounce.

How should traders interpret the current market structure?

Keep sentences short: Confirm support at the retest levels. Track volume and order flow for validation. Set risk parameters around the $100K–$110K zone. Use conservative position sizing until multiple confirmations are present.

Frequently Asked Questions

Does a double retest guarantee a price rally?

No. A double retest indicates buyer commitment but does not guarantee a rally. It improves probability for continuation when combined with rising volume and macro tailwinds. Manage risk with stop levels and position sizing.

How much BTC did MicroStrategy purchase and at what average price?

MicroStrategy purchased 196 BTC for approximately $22.1 million at an average price of $113,048 per bitcoin, bringing its total to 640,031 BTC as of Sept 28, 2025.

Key Takeaways

• Buyer defense at $100K–$110K: Short-term support confirmation could enable further upside if sustained.
• Institutional accumulation continues: MicroStrategy’s 196 BTC purchase highlights ongoing corporate demand.
• Use risk management: Validate retests with volume and set stops around the support zone to limit downside.

Conclusion

Bitcoin’s double retest near $100K–$110K and MicroStrategy’s latest purchase of 196 BTC together reinforce the narrative of buyer conviction and institutional accumulation. Monitor support confirmation, volume signals and corporate flows for clearer direction. For traders, prudent risk management and confirmation-based entries remain essential.

Published: 2025-09-29 | Updated: 2025-09-29 | Author: COINOTAG