Bitcoin's rebound above 94,000 USD on January 5 sparked extreme price predictions on Crypto Twitter once again, including a new forecast from YoungHoon Kim, who stated that Bitcoin will surge to 100,000 USD within 48 hours
The comment quickly gained attention, both for its timing and because of Kim's controversial reputation as an extreme Bitcoin price predictor
The man who claims to be the smartest person in the world has repeatedly mispredicted Bitcoin prices.
Kim, a South Korean online personality, rose to fame in late 2025 after repeatedly claiming to have an IQ of 276 and considering his market views superior to traditional analysis.
His Bitcoin price predictions often gain popularity on social media, although many traders look on with skepticism.
In November, Kim had predicted that Bitcoin would soar to 220,000 USD in 45 days, but that prediction did not materialize.
And in December, he also stated that Bitcoin would exceed 100,000 USD within a week.
However, throughout December, Bitcoin traded below 90,000 USD for the most part due to economic uncertainty, year-end portfolio adjustments, and waning momentum.
These situations are significant because Kim's past predictions often occurred during times when Bitcoin lacked clear driving factors and market risk psychology was fragile, making the market unfavorable for the kind of volatility Kim desired.
This week, although the patterns look different from before, they are not significantly different.
Is the Bitcoin chart back in an uptrend again?
Bitcoin's movement back up to 94,000 USD occurred after the U.S. stock market opened, emphasizing risk appetite. Investors on Wall Street viewed the weekend crisis in Venezuela as manageable and unlikely to disrupt the global market.
Stock prices are rising, the energy sector is providing outstanding returns, and cryptocurrencies are moving in line with the stock market rather than being safe assets.
However, this rebound does not automatically make a surge to 100,000 USD within 48 hours reasonable, as Bitcoin remains sensitive to stock market direction.
Despite improved momentum, there are still no signs of panic buying or supply shortages, nor are there structural factors that would drive prices to quickly touch six-digit figures.
Additionally, on-chain data suggests that the chances of a vertical spike occurring soon are weakening.
Although spending by long-term holders (LTH) increased significantly in late November, most of this activity stemmed from internal transfers within exchanges, particularly at Coinbase, so it wasn't a true distribution of coins into the market.
Although long-term holders moved a significant amount of Bitcoin in late November, most of this activity resulted from transfers within exchanges, especially Coinbase, rather than actual sales into the market.
When separating out those internal movements, the behavior of long-term holders appears somewhat active but not severe, indicating repositioning rather than enough increased demand to drive prices up sharply.
Capital in derivatives remains stable, while inflows into exchanges are still weak. Volatility has increased but is not severe; that is, this price rise seems to be more controlled than exuberant.
Kim's latest prediction aligns with market sentiment, but his timeline remains challenging; Bitcoin may test psychological resistance near 100,000 USD in the coming weeks if risk appetite persists.
However, this short-term price surge is likely to need stronger catalysts than mere positive sentiment.
Currently, such predictions lie between confidence and expectations, as Bitcoin is moving again, but the market continues to trade based on structure rather than discourse.