If the Bitcoin price moves towards $100,000, the doors will open for SHIB, FIL, MNT, and AAVE.

Bitcoin (BTC) is consolidating just below the $100,000 level, suggesting the bulls are in no rush as they expect the uptrend to continue. Raoul Pal, founder and CEO of Global Macro Investor, posted a chart on X that suggests Bitcoin could form local highs above $110,000 by January.

Some analysts remain optimistic about next year. Tom Lee, co-founder and head of research at Fundstrat Global Advisors, said Bitcoin could surge to $250,000 in 2025.

It is not only Bitcoin that is in the spotlight. Traders seem to be gradually shifting their focus to altcoins. Popular analyst Mikybull Crypto wrote in a post on

Could Bitcoin rise above $100,000 and trigger further gains in altcoins? Let’s take a look at the top five cryptocurrencies with strong chart structures.

Bitcoin Price Analysis

Bitcoin faces resistance near the psychologically important level of $100,000, but the fact that the price is staying above the upward trend line is a positive sign.

The rising 20-day exponential moving average ($92,114) and the relative strength index (RSI) in positive territory indicate that the uptrend is under control. This increases the chances of a rise above $100,000. That could push the BTC/USDT pair up to $113,331 and later $125,000.

Sellers need to drive the price below the 20-day EMA to dampen the bullish momentum. After that, the price could drop to $85,000, which would likely attract buyers.

The moving averages on the 4-hour chart have flattened out and the RSI is just above the midpoint, indicating a balance between supply and demand. For some time, the pair may consolidate between $100,000 and $90,000.

A break and close above $100,000 indicates that buyers have absorbed selling pressure. That would start the move to $113,331. On the other hand, a drop below $90,000 could push the price down to $85,000 as short-term buyers would be tempted to book profits.

Shiba Inu price analysis

Shiba Inu (SHIB) surged above the $0.000030 resistance level on December 1, completing a bullish inverse head and shoulders pattern.

If buyers keep the price above $0.000030, the SHIB/USDT pair may move towards $0.000039. This level could be a strong challenge, but if buyers win, the pair could reach the pattern target of $0.000047.

Alternatively, if the price fails to stay above $0.000030, it indicates that the breakout may have been a bulltrap. The pair could then slide towards the 20-day EMA ($0.000025), which is expected to attract buyers.

Although it closed above the $0.000030 resistance line on the 4-hour chart, the bears are unlikely to give up easily. They will try to bring the price back below the breakout level. If successful, the pair could collapse towards the 20-EMA.

Contrary to this assumption, if the price remains above $0.000030, it is a sign that that level is likely to act as a new bottom. There is some resistance at $0.000035, but it is expected to cross. This could begin the march towards $0.000039.

Filecoin price analysis

Filecoin (FIL) broke out and closed above $6.77 on November 30, completing a bullish rounding bottom pattern.

Bears will try to pull the price below the breakout level of $6.77 and lock in the aggressive uptrend. If that happens, the FIL/USDT pair could fall to the 20-day EMA ($5.33). Buyers will need a strong defense of the 20-day EMA to keep their positive sentiment intact.

If the price rises from the current level and rises above $7.33, it would signal that bulls have turned the $6.77 level into support. That increases the likelihood of a rally to $9.34.

Bulls and bears are witnessing a tough fight on the breakout level of $6.77. Rising moving averages on the 4-hour chart and RSI in overbought territory indicate an advantage for buyers. If the price rises and rises above $7.33, it means that the upward movement is resuming.

Conversely, a decline below $6.77 could lead to a decline to the 20-EMA and then to the 50-SMA. Sellers need to keep the price below the moving average to get back in the driver’s seat.

relevant: Bitcoin broke records with BTC price rising up to $26,000 per month.

Mantle Protocol Price Analysis

The bulls are looking to push Mantle (MNT) above the overhead resistance at $0.94 to initiate an upward move.

If successful, the MNT/USDT pair could rise to $1.10, where bears are expected to show strong defense again.

If the price fails to stay above $0.94, it would be a signal that the bears are active at higher levels. The pair could then fall to the 20-day EMA ($0.81), a level that is essential for the bulls to defend. If the price is forced to bounce off the 20-day EMA, the chances of a rally above $0.94 increase.

Bears will get back in the game once the price falls below the 20-day EMA. The pair could then fall towards its 50-day SMA ($0.69).

Both moving averages are rising on the 4-hour chart and the RSI is near the overbought zone, indicating buyers are in control. Buyers pushed the price above $0.94 but failed to sustain it higher.

20-EMA is the first support level to watch out for in a downtrend. If the price rises from the 20-EMA, it is a sign that sentiment remains positive. The bulls will then try to push the pair above $0.95.

Aave price analysis

Aave (AAVE) closed above the $200 resistance level on November 27, signaling the resumption of an upward trend.

Bears pulled the price back below $200 on November 29, but were unable to maintain the low level. The AAVE/USDT pair rose from $200 on November 30, indicating that bulls are trying to turn into support levels. Buyers will need to keep the price above $215 to clear a path upward to $260.

This positive view will be invalidated in the near term if the price declines and falls below $194. The pair could then fall towards the 20-day EMA ($183).

The bears are trying to push the price down towards the 20-EMA, which is an important short-term support level to watch out for. If the price bounces strongly from the 20-EMA, it would be a buy signal on the dip. This will improve prospects for a resumption of the uptrend.

Conversely, a drop below the 20-EMA signals that the uptrend is losing strength. The pair may then slide towards the 50-SMA. Bulls are expected to aggressively defend the 50-SMA. The reason is that a break below the 50-SMA could give the bears an advantage.