Bitcoin rose above 94,000 USD on January 5, sparking new bold price predictions on Crypto Twitter, including a new statement from YoungHoon Kim. He claimed that Bitcoin would reach 100,000 USD within 48 hours.
The comments spread quickly, both due to the timing and because Kim has a reputation for making extreme Bitcoin predictions.
Self-proclaimed smartest man in the world guesses wrong about Bitcoin time and time again.
Kim is a South Korean internet personality who became known in late 2025 by frequently boasting about his IQ of 276 and stating that his market analyses are better than traditional analysis.
His Bitcoin predictions tend to go viral, although many traders view them with skepticism.
In November, Kim predicted that Bitcoin would rise to 220,000 USD within 45 days, but this prediction did not come true.
In December, he also said that Bitcoin would exceed 100,000 USD within a week.
Instead, Bitcoin mostly stayed below 90,000 USD in December. This was due to uncertainty in the economy, as many positioned themselves ahead of the year-end and the rise slowed.
This background is important. Kim's previous statements came when Bitcoin lacked clear driving forces and market anxiety was high. The market did not support the type of rapid rise that his timeframes required.
This week, the situation looks different, but not much more optimistic.
Will Bitcoin charts turn positive again?
Bitcoin's rise to 94,000 USD followed after the US exchanges opened strongly. Investors on Wall Street viewed the weekend events in Venezuela as limited and did not believe they would harm the global economy.
Stocks rose, energy companies performed best, and cryptocurrencies followed stocks instead of acting as a safe haven.
The rise is still not enough to directly justify Bitcoin climbing to 100,000 USD in 48 hours. Bitcoin is still influenced by the sentiment in the stock market.
Even though momentum has improved, there are no clear signs of panic buying, supply shortages, or major events that are often needed for rapid price surges.
Even data from the blockchain suggests that a rapid price breakthrough is not coming soon.
Long-term holders sold a lot at the end of November, but a large part of these transactions occurred as internal transfers on exchanges, particularly on Coinbase. So these were not real sales to the market.
Long-term holders moved a lot of Bitcoin in November, but most of the transfers came from internal exchanges on exchanges, especially Coinbase, and not from sales to the market.
When excluding these internal transfers, long-term holders still appear active, but not extremely active. This suggests more reallocations than the demand increase needed for a sudden price surge.
The funding of derivatives is stable. Inflows to exchanges are small. Price fluctuations have increased, but not significantly. In other words, the rise seems controlled and not overly enthusiastic.
Kim's latest forecast aligns with the optimism in the market, but his timeframe is still very short. Bitcoin may approach resistance at 100,000 USD in the coming weeks if the market remains strong.
But for Bitcoin to surge quickly, a clearer triggering factor than just improved sentiment is likely needed.
Right now, the prediction is somewhere between confidence and wishful thinking. Bitcoin is moving upwards again, but the market is still focused on structure, not slogans.