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Bitcoin is trading less than 2.5% below its all-time high near $112,000, signaling growing momentum and the potential start of a new impulsive phase in price discovery. After weeks of steady gains and strong consolidation above the $100K level, BTC appears ready to break higher and extend its macro uptrend. The market is watching closely, as a clean move above $112K could trigger a wave of bullish continuation and renewed institutional interest. Related Reading: Bitcoin Liquidity Builds At $105K Level – Sweep Before New Highs? On-chain insights from CryptoQuant add important context to this moment. Specifically, the analysis of UTXOs—Unspent Transaction Outputs—provides a deeper understanding of the state of unrealized profits across the network. UTXOs are the core technical structure that ensures a single bitcoin can only be spent once. But beyond that, they offer critical insight into the profitability of held coins. Currently, the market is nearing the 99% threshold, meaning 99% of all BTC holdings are in profit. This level historically aligns with periods of market euphoria and strong uptrend, but can also signal potential overheating if sustained too long. As Bitcoin inches toward new highs, this metric reinforces the strength of the rally while reminding investors that such high profitability often comes with increased volatility. Bitcoin Thrives In Volatile Times As Market Nears 99% Profit Threshold Bitcoin is showing remarkable strength as it flirts with new highs this week, trading just below $112,000. While global markets react to rising U.S. Treasury yields and persistent inflation, Bitcoin appears to be thriving in the chaos, solidifying its role as both a risk asset and a macro hedge. As traditional markets face pressure, BTC continues to lead with resilience, even as geopolitical and policy-related uncertainty clouds investor sentiment. Top analyst Darkfost shared fresh insights on Bitcoin’s on-chain condition, focusing on the utility of UTXOs (Unspent Transaction Outputs). UTXOs are the technical mechanism that ensures a single BTC can only be spent once on the blockchain. But beyond that, they serve as a powerful tool for assessing unrealized profits across all held BTC. One key metric derived from UTXOs is the percentage of BTC supply in profit. Currently, Bitcoin is approaching the critical 99% threshold, meaning nearly all coins are in unrealized gain territory. Historically, this level is associated with periods of market euphoria and sustained uptrends, but it also comes with a warning: elevated unrealized profits often precede spikes in profit-taking. While BTC’s structure remains bullish, macro uncertainty—especially around the Trump administration’s policy direction—keeps risk-on conviction muted. As Darkfost notes, “We’re not fully euphoric yet, but we’re entering a zone where late buyers should be cautious.” If the 99% profit signal drops, it may trigger a wave of selling as gains shrink and weaker hands capitulate. For now, though, Bitcoin remains strong, and the uptrend is intact. The market is watching closely because in times like these, BTC tends to move first. Related Reading: Bitcoin Profit-Taking Remains Healthy – Data Shows No Signs Of Overheating BTC Holds Steady Near Highs As Momentum Builds Bitcoin is currently trading at $109,679 on the 4-hour chart, consolidating just below its all-time high after reclaiming short-term support. The price recently bounced off the 100 SMA ($105,586) and is now hovering above the 34 EMA ($108,280), signaling continued bullish momentum. All key moving averages are aligned to the upside, reflecting a strong and healthy trend. Volume has remained relatively stable during the pullback and recovery, suggesting no major distribution phase is underway. The 50 SMA ($107,679) also acted as dynamic support during the recent dip, reinforcing the strength of the $107K–$108K zone. The $103,600 level, previously a major resistance, continues to serve as solid structural support. As long as BTC remains above this zone, the broader uptrend remains intact. Short-term resistance now sits near the $110,200–$112,000 range. A breakout above this level would likely trigger the next leg higher, potentially toward the $120,000 mark. Related Reading: Bitcoin Pulls Back To Daily EMA 8 – Can Bulls Hold Momentum? With Bitcoin holding above key EMAs and moving averages on the 4-hour timeframe, bulls remain in control. If price continues to build above $108K, the likelihood of retesting and surpassing all-time highs grows significantly in the coming sessions. Featured image from Dall-E, chart from TradingView

Bitcoin finally broke through its all-time highs this week, reaching $112,000 and holding firm above the key psychological level of $100,000. After weeks of steady momentum and bullish consolidation, the breakout marks a major shift in market structure, confirming that bulls are now in full control. The move has reignited optimism across the market, with sentiment turning decisively positive as BTC enters price discovery once again. Related Reading: Tron Bulls Regain Control – On-Chain Data Shows Fresh Buying Pressure The breakout wasn’t just technical—it was backed by strong positioning across derivatives markets. According to data from Coinglass, Bitcoin’s weekly liquidation heatmap reveals a dense cluster of liquidity around the $105,700 level. This area could act as a magnet in the short term, with some traders expecting a brief sweep into that zone before BTC resumes its upward trajectory. This environment now favors bulls, with both technical levels and on-chain data aligning to support further upside. As long as Bitcoin continues to close above $100K and dips remain shallow, the path of least resistance appears to be higher. With liquidity, momentum, and macro sentiment aligning, the coming weeks could be critical as BTC sets the tone for the rest of the market—and potentially the start of a full-blown bullish phase. Bitcoin Remains Strong Amid Tight Conditions Bitcoin posted another bullish week, reaching a new all-time high of $112,000 before pulling back slightly to hold above the key $100,000 level. Despite the strength, market sentiment has yet to flip fully euphoric. A cautiously bullish tone dominates as macroeconomic conditions remain tight, with high US Treasury yields and growing instability in global trade continuing to weigh on risk assets. Unlike many altcoins, which are still trading well below their previous cycle highs, Bitcoin appears to be thriving in this high-stress environment. Its resilience is being closely watched, as capital continues to favor BTC over smaller, more volatile assets. This relative strength reinforces Bitcoin’s status as a macro hedge, especially in uncertain economic conditions. Top analyst Ted Pillows added to the discussion by highlighting data from Coinglass, which shows significant liquidity sitting around the $105,700 level on the BTC weekly liquidation heatmap. According to Pillows, this cluster could serve as a short-term magnet, suggesting that a quick sweep of that zone may occur before Bitcoin resumes its upward move. “Liquidity at $105K is thick. A dip into that area could clear out late longs before the next leg higher,” he noted. With Bitcoin holding key levels and sentiment remaining grounded, the setup is favorable for continuation, but not without potential volatility. If BTC can defend the $100K–$105K range and reclaim $110K, the next push toward new highs may arrive sooner than expected. For now, bulls remain in control, but traders are staying alert as global markets remain on edge. Related Reading: Bitcoin Pulls Back To Daily EMA 8 – Can Bulls Hold Momentum? BTC Holds Above Key Averages Bitcoin is trading at $108,249 on the 4-hour chart after a strong push to $112,000 earlier in the week. The chart shows BTC currently consolidating above a confluence of key moving averages, including the 34 EMA ($108,046), 50 SMA ($106,840), and 100 SMA ($105,109), all of which are trending upward. These levels now serve as dynamic support zones, keeping the short-term structure bullish as long as price remains above them. Despite the rejection near $112K, BTC has avoided any aggressive selloff and continues to respect the mid-range levels of its recent breakout. The $103,600 level, marked in yellow, is a key horizontal support and previously acted as a resistance ceiling. It now provides a strong base if any deeper correction occurs. Volume has declined during this pullback phase, indicating that the selling pressure is likely corrective rather than the start of a trend reversal. If bulls can maintain control above $106K and reclaim momentum above $110K, a retest of the recent highs is likely. Related Reading: Ethereum Climbs Back To $2,700 – Bulls Ready For A Breakout? For now, the 4-hour trend remains intact. All eyes are on whether Bitcoin can hold above the clustered support and continue building a base for the next leg higher. Featured image from Dall-E, chart from TradingView

As Bitcoin (BTC) hit a new all-time high (ATH) of $111,980 on Binance crypto exchange yesterday, technical data suggests that the latest BTC rally is being dominated by buyers. If this trend continues, BTC may see further price appreciation in the near term. Buyers Regain Control Of Bitcoin Spot Market According to a recent CryptoQuant Quicktake post by crypto analyst ibrahimcosar, buyers appear to be dominating the BTC spot market. The analyst observed that the Bitcoin Spot Taker Cumulative Volume Delta (CVD) has shifted back into green territory. For the uninitiated, Bitcoin Spot Taker CVD measures the difference between taker buy and taker sell volumes on spot exchanges over time. A rising Spot Taker CVD indicates that aggressive buyers are dominating the market, signalling potential bullish momentum. Related Reading: Bitcoin Retail Demand Rises 3.4% As Small Investors Return To The Market – New ATH Soon? BTC Spot Taker CVD turning green is signficant. Most notably, it means buy orders have regained dominance after an extended period in which sell orders led the market. A higher volume of buy orders over time suggests that Bitcoin’s current bullish momentum may persist. As shown in the chart shared by ibrahimcosar, the CVD remained mostly red for the majority of Q1 2025 – indicating strong selling pressure. This selling behavior aligned with BTC’s price action, which saw the asset fall from its previous ATH in January to a low of around $76,000 in April. The fact that BTC’s Spot Taker CVD has turned green while the asset is setting fresh ATHs makes this trend especially noteworthy. It indicates that buyers are willing to accumulate BTC even at historically high prices, likely in anticipation of continued upside. That said, recent price action might temporarily interrupt BTC’s momentum. In an X post, crypto analyst Ali Martinez suggested that BTC could soon break down from its current range of $110,400 to $111,100. A Different Kind Of Rally Typically, BTC hitting a new ATH is usually met with wider market euphoria, leading to a sharp price decline that catches most investors off-guard. However, experts opine that the current rally is different from previous cycles. Related Reading: Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead? Recent analysis by CryptoQuant contributor Crazzyblockk suggests that new and short-term BTC investors are sitting on substantial unrealized profits, and not showing any signs of panic selling amid the cryptocurrency’s price surge to new highs. Similarly, whale reaction to BTC’s bullish price trajectory has been mixed. While new whales have been taking major profits during the ongoing rally, old whales have resisted selling their holdings, showing minimal selling activity. Finally, the neutral funding rates in the BTC futures market reinforce the idea that the current rally is more organic and less driven by speculation than those in the past. At press time, BTC trades at $108,553, down 2.6% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and Tradingview.com

Bitcoin (BTC) has hit a new all-time high (ATH) after a 4% daily breakout above the $109,000 mark. As the flagship crypto nears the next barrier, some analysts suggest that this cycle’s top isn’t in yet. Related Reading: SUI Preparing For Another Leg Up – Is $5 The Next Target? Bitcoin Hits New All-Time High On Wednesday, Bitcoin hit a new ATH of $109,800 after breaking out of the $107,000 short-term resistance, eyeing the $110,000 barrier as its next target. The cryptocurrency has significantly recovered over the last seven weeks, surging around 47% from its five-month low of $74,000 toward its current levels. Amid its May rally, BTC couldn’t break the crucial $106,000 resistance, trading between the $102,000-$105,000 range for nearly two weeks. However, its consolidation ended over the weekend as Bitcoin Weekly Closed above this barrier for the first time in history. Since reclaiming this crucial level on Monday, Analyst Ali Martinez pointed out that the flagship crypto appeared to be forming an ascending triangle pattern in the lower timeframes, which suggested a rally toward the $115,000 level once the price broke above the $107,000 mark.   In the early hours of Wednesday, BTC’s bullish breakout saw it retest the $108,000 barrier, facing rejection toward the $106,000 support before bouncing and smashing this barrier and rallying toward its new ATH. Rekt Capital affirmed that the Second Price Discovery Uptrend is ahead for the cryptocurrency, as its First Price Discovery Correction is finally over. The analyst previously highlighted that Bitcoin would rally to a new ATH after Weekly Closing above its re-accumulation range and post-breakout retest. BTC Preparing For Another 20%-30% Jump? Analyst crypto Jelle suggested that BTC’s news target is around the $140,000 mark, pointing to a Power of Three (PO3) setup on Bitcoin’s chart. The pattern divides the price action into three phases: accumulation, manipulation, and distribution. In the first phase, a consolidation near the recent high occurs after a strong price performance. This is followed by a token’s price falling below the accumulation phase’s support level in the second phase, trading within a range below the recently lost zone. Lastly, the distribution phase consists of a strong price breakout, with momentum building and participants entering the market. Based on this setup, the flagship crypto started the accumulation phase during the Q4 2024 rally, entering the next phase during the March-April retraces. Amid its late April-May rally, Bitcoin has arrived at the setup’s final phase, with the analyst forecasting $140,000 as the next target after breaking above the $108,500 mark. Related Reading: Solana Rejected From Key ‘Inflection Point’, But Multi-Year Trend Suggests New Highs Similarly, Sjuul from AltCryptoGems highlighted the same Po3 pattern on BTC’s chart, affirming that investors could expect a “strong expansion” toward the $125,000-$130,000 levels after breaking out of its previous ATH levels. He previously pointed out that “BTC is clearly repeating the summer 2021 price action and trading in a perfectly bullish structure on high time frame,” which could suggest that the cycle’s top isn’t in yet. As of this writing, Bitcoin trades 1.8% below its new ATH, at $107,502. Featured Image from Unsplash.com, Chart from TradingView.com

Having surged about 22.5% over the past 30 days, Bitcoin (BTC) has sparked concerns in the crypto market that its rally may be nearing exhaustion, with a potential price correction on the horizon. However, the latest on-chain data reveals that despite elevated unrealized profits, there are still no signs of increased selling pressure for the leading cryptocurrency. Bitcoin Unrealized Profits Remain High But No Panic Selling Yet According to a recent CryptoQuant Quicktake post by Bitcoin analyst Crazzyblockk, the cohort of new investors – those who have held BTC for less than one month – is currently sitting on unrealized profits of 6.9%. Related Reading: Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead? In the same vein, short-term investors – holders who have held Bitcoin for less than six months – are sitting on unrealized profits of 10.7%. These figures highlight that the unrealized profit/loss ratio remains elevated, with unrealized profits far outweighing unrealized losses. Crazzyblockk noted that while historically, a high percentage of unrealized profits across the network tends to precede sharp price corrections, the current setup appears different. They added: Past cycles have shown that extreme profit concentration tends to precede volatility; however, current market structure shows no outsized concentration of risk in one participant group. The relatively narrow spread in unrealized profits between new and short-term holders indicates that profit distribution is balanced. Furthermore, although profit levels are high, loss levels remain compressed, suggesting limited pressure from distressed sellers. The contributor remarked: While macro conditions and volatility risk remain elevated, and a price correction cannot be ruled out, there is no strong behavioral signal suggesting a high willingness to trigger major distribution or selling. Further Upside For BTC? Meanwhile, seasoned crypto analyst Ali Martinez recently predicted further upside for Bitcoin. In a post on X, Martinez noted that BTC has undergone another bullish breakout, with the potential to reach a new all-time high (ATH) around $111,500. The current momentum has also drawn in retail investors. According to CryptoQuant contributor Carmelo Aleman, wallets holding less than $10,000 worth of BTC are steadily returning to the market – a sign of growing retail participation. Related Reading: Bitcoin Market Cycle Indicator Hints At Bullish Breakout Ahead, Analyst Says That said, some warning signs may still dampen BTC’s current bullish trajectory. For instance, despite the recent encouraging price action, Bitcoin’s Demand Momentum remains subdued.  Similarly, Bitcoin’s “supply scarcity” narrative still lacks meaningful strength, as Aleman recently stressed that despite depleting exchange reserves, BTC is not likely to face genuine supply scarcity in the near term. At press time, BTC trades at $106,528, up 1.8% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com

An analyst has explained what some charts related to Bitcoin could say regarding whether the current run can lead to a new high or not. Bitcoin Momentum May Be Stalling According To These Signs In a new post on X, analyst Ali Martinez has talked about some technical analysis (TA) signs that could reveal if it’s time for Bitcoin to reach a new all-time high (ATH). Related Reading: This Bitcoin Level Could Be To Watch In The Short Term, Glassnode Says Here are the charts that the analyst has shared: The first graph shows a TA pattern that Bitcoin has potentially been trading inside for the last few months. The pattern in question is a “Parallel Channel,” which emerges whenever an asset’s price observes consolidation between two parallel trendlines. There are different types of Parallel Channels, but in the context of the current topic, the most ordinary version is of interest: the one with the channel parallel to the time-axis. This case naturally corresponds to a completely sideways movement from the cryptocurrency. From the chart, it’s visible that BTC has recently observed a rise to the upper line of the pattern. During previous retests, the coin ended up finding rejection at this mark. Thus, it’s possible that it may also face resistance here during the current retest. This isn’t the only trend that could make a break to the ATH a tricky one. As is visible from the second graph, the RSI has shown divergence from the Bitcoin price recently. The Relative Strength Index (RSI) here refers to an indicator that keeps track of the speed and magnitude of changes that the asset’s price has witnessed recently. This metric is generally used for judging overpriced and underpriced conditions for the token. BTC’s RSI formed a peak in the overbought region earlier in the month, but while the price has gone up since then, the indicator has only managed to form a smaller peak. This type of divergence between the asset and the RSI is often considered to be a bearish signal. Lastly, there is also a bearish development in the MACD, displayed in the third chart. The Moving Average Convergence/Divergence (MACD) is another TA indicator that’s used for gauging momentum. It involves two lines: the MACD line calculated by taking the difference between the 12-day and 26-day exponential moving averages (EMAs) of the price and the signal line determined as the 9-day EMA of the MACD line. Recently, the MACD line for Bitcoin has dipped under the signal line, which is usually considered as a bearish crossover. Related Reading: Bitcoin At $103,000 Relatively Cool Per This Indicator, Quant Says Based on all these patterns, Martinez has noted that momentum is stalling for BTC. It now remains to be seen how the asset would develop in the coming days and if a reversal to the downside would happen. BTC Price Following another attempt at a sustainable break beyond $106,000, Bitcoin has seen a pullback to the $105,300 level. Featured image from Dall-E, charts from TradingView.com

Bitcoin is facing growing risks of a pullback as bullish momentum begins to fade near key resistance. After weeks of impressive gains, BTC is now consolidating in a tight range just below its all-time high, with buyers struggling to push the price into price discovery. This ongoing indecision has raised concerns among traders and analysts, who are closely watching for signs of either a breakout or a deeper retracement. Related Reading: Ethereum Multi-Year Consolidation Could Spark A Parabolic Move – Details Crypto analyst Daan offered a broader perspective on the situation, noting that Bitcoin initially surged in response to the recent tariff-related tensions, significantly outperforming equities in the process. However, as trade uncertainty began to ease and traditional markets regained momentum, Bitcoin lost steam and failed to follow through. While stocks continued their uptrend, BTC stalled—an unusual divergence that suggests caution may be creeping back into the crypto space. With the price now hovering around the $103K mark and key resistance near $105K remaining untouched, bulls must act decisively to reclaim control. A failure to do so could trigger a larger correction, especially if macro conditions shift or equity markets show renewed weakness. For now, all eyes are on the range — and which side breaks first. Bitcoin Bulls Eye Breakout But Caution Grows Near Resistance Bitcoin is just 5% away from its all-time high of around $109,000, trading near $103K as bulls attempt to reclaim momentum. After weeks of strong upward movement and consolidation above key levels, many analysts believe BTC is preparing for a decisive breakout. If price can clear the $105K resistance, it could trigger a new leg into price discovery and signal the start of a powerful bull phase. However, selling pressure at current levels remains strong. Bitcoin has struggled to break higher, and some traders see this consolidation as a sign of potential exhaustion. Daan offered insights on the recent behavior, noting that BTC surged sharply following the tariff-related macro drama, outperforming equities in the process. Yet, as some trade uncertainty faded, stocks kept climbing while BTC stalled near resistance. Daan considers $90K his “line in the sand” for long-term spot exposure. If Bitcoin were to drop below that mark, it would suggest a structural breakdown that hasn’t occurred during this cycle. For now, he remains cautiously bullish while BTC stays above that level, but admits the risk-reward was more attractive when BTC was 20–30% cheaper. He also warns that if equities correct after their aggressive rallies—many stocks have surged 30–50% in a single month—it could drag Bitcoin lower in a short-term flush. With BTC showing relative weakness near resistance, the next move will be critical for confirming either continued upside or the start of a broader pullback. Related Reading: Dogecoin Whales Accumulate 1 Billion DOGE In A Month: Fueling Price Surge Speculation Tight 4H Range Signals Imminent Price Breakout The 4-hour chart shows Bitcoin consolidating tightly between $105,700 resistance and $100,700 support, creating a narrow range that suggests a strong move is imminent. Price has been ranging sideways for several days, with multiple failed breakout attempts above $103,600. This level continues to act as a key barrier for bulls. Notably, Bitcoin remains above both the 200 EMA ($96,121) and the 200 SMA ($94,622), reinforcing the medium-term bullish structure. Momentum is neutral in the short term, as shown by the indecisive price action and declining volume. However, the trend remains intact as long as BTC holds above $100,000 — the psychological and technical line in the sand. If price breaks above $103,600 with volume, it could trigger a move toward the $105,000–$109,000 range and initiate a push into price discovery. On the other hand, failure to hold this support zone could open the door for a quick flush to retest the $98,000–$96,000 area, where the moving averages align. Related Reading: Solana Sees Renewed Demand As Capital Flows Turn Positive – Details Traders should watch for a clear breakout or breakdown, especially as moving averages and prior highs converge. This tight setup rarely lasts long, and a decisive move could define Bitcoin’s trend for the rest of the month. Featured image from Dall-E, chart from TradingView

After reclaiming the crucial $100,000, Bitcoin (BTC) is testing its recently recovered levels as support, with some analysts suggesting that the price will see a short-term sideways move before breaking out of its key resistance. Related Reading: Avalanche (AVAX) Eyes 30% Rally Amid Cup-And-Handle Pattern Breakout BTC’s Next Key Levels Over the past month, Bitcoin has seen a massive performance, recovering more than 23% from the $84,000 mark. The flagship crypto has reclaimed the $100,000 barrier, lost during the February pullback, and rallied to a three-month high of $105,819. Amid the market recovery, BTC has re-entered its post-US elections range, between the $92,000 and $106,000 levels, trading just 4.4% below its January all-time high (ATH). However, the massive rally seems to have slowed after nearing the range’s upper level, which could momentarily halt its next leg up. This week, Bitcoin has ranged between $101,500-$105,000, taking out most of the liquidation clusters within the weekly range lows. Daan Crypto Trades pointed out that now the cryptocurrency is “pretty far away from any large liquidity clusters.” He explained that BTC’s price hasn’t traded in the range’s high for a significant period, and few new positions were built around this area “after the initial squeeze of shorts.” As such, the main levels to look out for are the range’s highs above the $106,000 resistance, and the range’s low around the $93,000 support, where the recent breakout occurred. Bitcoin To Trade Sideways For Two Weeks? Analyst The Cryptonomist considers that BTC’s price action is “very simple from here,” as the flagship crypto moves within a one-month rising wedge pattern. If Bitcoin remains inside the formation, it could surge to the $110,000-$112,000 levels. However, if Bitcoin falls below the lower boundary, around $100,000, it could lose the key support and attempt to fill the CME Gap around the $92,000 before a new ATH rally. Meanwhile, market watcher Ted Pillows highlighted Bitcoin’s correlation with the Global M2 money supply. The analyst noted that the cryptocurrency’s price action has resembled the Global M2 supply chart for the past several months, including the recent pump above $100,000. Related Reading: Ethereum Prepares For $2,850 Rally, But Analysts Warn Of Potential Dip To These Levels Now the chart suggests a consolidation period, which could see Bitcoin move sideways for one to two weeks, if it continues to follow the Global M2 supply path. “Once that is over, BTC’s next leg up will start, which will push it above $120K,” he affirmed. Additionally, Ted pointed out BTC’s Wyckoff accumulation is in the final phase, with some consolidation happening above the $100,000 support, “which is a good sign.” Concluding that, with liquidity entering again, the next leg up “will soon start.” As of this writing, Bitcoin trades at $104,916, a 0.5% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com

After jumping by 10% over the past week, Bitcoin (BTC) has hit a crucial resistance level, which could push or momentarily halt the flagship crypto’s rally toward a new all-time high (ATH). Related Reading: Bitcoin Stays Resilient While Wall Street Stumbles – Details Bitcoin Hits Key Level Bitcoin recently jumped above the $100,000 barrier for the first time since February. During its significant weekly performance, BTC has surged over 10% to hit a three-month high of $105,500 on Monday, fueling investors’ sentiment regarding a new ATH rally. On Monday, Analyst Rekt Capital highlighted that the flagship crypto rallied across the entire re-accumulation range, concluding its downside deviation and the first price discovery correction. After surging to its range high of $104,500, Bitcoin has faced rejection from this key level, momentarily pausing its rally. He pointed out that Bitcoin already had its first Price Discovery Uptrend and Price Discovery Correction. The cryptocurrency is now attempting to confirm its second Price Discovery Uptrend, but needs to reclaim the $104,500 level as support to confirm this phase. As the analyst explained, this level is currently acting as resistance after it closed the week at $104,118, just below the range high. He added that “technically BTC can try to confirm an uptrend beyond this point by Daily Closing above $104.5k and then holding it as support, so it will be worth watching for this lower timeframe confirmation.” However, “until that confirmation is in, this resistance will continue to act as one. And as resistances do, they tend to reject price.” According to Rekt Capital, Bitcoin has repeated some key elements from its Post-halving range in its current range, suggesting that if BTC continues to reject from this level, it could face a post-breakout retest of its lower high resistance. One Dip Left Before ATHs? Previously, the analyst detailed that BTC could be repeating its Q4 2024 performance, where the cryptocurrency recovered from its downside deviation to hit a new ATH. BTC initially got rejected at its lower high resistance and fell to the range’s lows before breaking above the lower high, retesting it as support, and soaring to a new ATH. For history to repeat, BTC must get rejected at $99,000, hold $93,500 as support, and break the $97,000-$99,000 range before being rejected at the $104,500 resistance, which is the level “to turn into support for Bitcoin to breakout into its second Price Discovery Uptrend.” Notably, BTC followed this path closely over the past week, getting rejected near $99,000 and retesting the $93,500 support before jumping above the $100,000 mark. To continue this performance, the cryptocurrency must fall to the $97,000-$99,000 range and hold it as support for a similar breakout to new ATHs. Related Reading: Ethereum Price Completes Bullish Structure Break – $3,000 Comes Next In his Monday analysis, Rekt Capital shared that BTC’s lower high resistance is at the $98,500 level, signaling that a 5% drop could be ahead. However, he noted that the retest “doesn’t need to happen at all,” as Bitcoin could Daily Close above the key resistance, hold this level, and rally to new ATHs. “But in the event of a dip, turning the Lower High resistance into a new support could fully confirm the break of this Lower High, turn it into new support, and in doing so, solidify BTC’s positioning in the $98.5k-$104.5k portion of the ReAccumulation Range,” he concluded. Featured Image from Unsplash.com, Chart from TradingView.com

Data shows the Bitcoin Fear & Greed Index has remained outside the extreme greed zone even after the price surge above $104,000. Bitcoin Fear & Greed Index Is Still Inside Greed Territory The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment present among the investors in the Bitcoin and wider cryptocurrency markets. Related Reading: New Bitcoin Whales Sitting On 185% Higher Cost Basis Than HODLer Whales, Data Shows The metric makes use of the data of the following five factors to determine the trader mentality: trading volume, volatility, market cap dominance, social media sentiment, and Google Trends. To represent the market sentiment, the index uses a numeric scale running from zero to hundred. All values under 47 suggest the dominance of fear in the market, while those above 53 imply that of greed. Values lying between these cutoffs correspond to a net neutral mentality. Besides these three main sentiments, there are also two special regions known as the extreme greed and extreme fear. The former occurs above a value of 75, while the latter below 26. Now, here is how the latest value of the Bitcoin Fear & Greed Index is like: As is visible above, the Bitcoin Fear & Greed Index has a value of 70 at the moment, which suggests the investors as a whole share a sentiment of greed. This greedy mentality is also decently strong, as it’s only a few units away from the extreme greed territory. Earlier in the month, the trader mentality declined to a neutral level as the price surge took a pause, but with the latest continuation to the rally, the market mood has improved once more. Interestingly, though, despite Bitcoin approaching its all-time high (ATH), the investors have still not become extremely greedy. If history is to go by, this could actually play into the favor of the asset’s price. The reason behind this is that the cryptocurrency has often tended to move in a direction that’s opposite to the crowd opinion. The probability of such a contrary move taking place has only gone up the more sure the investors become of a direction, so the extreme zones, where sentiment is the strongest, is where major tops and bottoms have formed. Related Reading: Bitcoin Derivatives In The Driver’s Seat For $100,000 Rally, Data Shows The Fear & Greed Index still staying out of the extreme greed region could be an indication that an excess of hype hasn’t developed among the investors just yet, so Bitcoin could potentially have more room to run before a top. BTC Price Bitcoin briefly managed to cross beyond the $105,000 level earlier, but it seems the coin has seen a small pullback since then as its price is now back at $103,000. Featured image from Dall-E, Alternative.me, chart from TradingView.com

Bitcoin continues to extend its recent recovery, gaining over 15% in the past two weeks to reach a market price of $97,559 at the time of writing. This renewed momentum brings the asset closer to the $100,000 psychological level, marking a potential turning point for investor sentiment in the broader crypto market. While short-term price action often generates mixed reactions, some market analysts believe that key long-term indicators may be aligning for a larger move ahead. One of those voices is Bitcoin maxi Robert Breedlove, who shared a series of observations on X about indicators that could point toward a sustained bull run. Related Reading: Bitcoin HODLer Selling Expected Around This Level, Report Says Miner Costs and Long-Term Holder Behavior Point to Market Strength Citing analysis from Blockware, Breedlove pointed to the “industry average” miner cost of production — a model that aggregates various operational metrics such as electricity prices and hardware efficiency. According to this metric, Bitcoin has historically bottomed out when its market price approached or dipped below the average production cost. The model previously aligned with six significant market lows, and Breedlove notes it is flashing a bottom signal once again. In addition to mining economics, Breedlove referenced long-term holder supply data as another crucial input. This metric tracks the amount of Bitcoin that has remained unmoved on-chain for at least 155 days, a proxy for investor conviction and potential supply constraints. Over the past 30 days alone, long-term holders have added approximately 150,000 BTC to their balances. Historically, such accumulation during periods of price consolidation or retracement has preceded upward price movements due to the resulting decrease in sell-side pressure. With Bitcoin trading between $80,000 and $100,000, Breedlove suggests that fewer holders appear willing to exit their positions, potentially reducing available supply at these levels. Rising Liquidity and Macro Trends Add Fuel to Bullish Outlook on Bitcoin Another major factor is global fiat liquidity, which Breedlove highlights as a key demand-side component in Bitcoin’s price dynamics. The analyst points to the role of increasing dollar and international currency liquidity, driven by expanding access to Bitcoin through financial instruments like exchange-traded funds (ETFs), public company treasury holdings, and convertible bond offerings. He argues that greater access to capital and simplified exposure pathways have enhanced Bitcoin’s correlation with broader liquidity trends, increasing the likelihood of upward movement as fiat liquidity rises. Related Reading: Bitcoin Sentiment Nearly Back To Neutral—Green Sign For Rally? Breedlove concluded by reaffirming that Bitcoin’s fundamentals remain unchanged — fixed supply, 10-minute blocks, and predictable halving events — but external factors such as liquidity, regulation, and institutional adoption continue to influence its price action. Lastly, and most importantly, is USD liquidity. This effectively represents the “demand” side of the equation. More dollars in the system means more potential bidders. Bitcoin is highly correlated to fiat liquidity – and that’s becoming increasingly more of the case as ETFs,… pic.twitter.com/i5iE6NzM55 — Robert ₿reedlove (@Breedlove22) May 1, 2025 Featured image created with DALL-E, Chart from TradingView

Bitcoin (BTC) continues to face massive selling pressure, with prices dropping below the $85,000 mark, marking a 12% decline since last Friday. The recent downturn has fueled panic selling and heightened fear, leading many investors to speculate about the potential start of a bear market. As uncertainty grips the market, traders remain cautious about Bitcoin’s next major move. Related Reading: Cardano Bulls Eye $10 Target – Analyst Reveals Key Levels To Break However, despite the ongoing sell-off, key on-chain data from CryptoQuant suggests that Bitcoin could be setting up for a recovery rally. The Cumulative Value Days Destroyed (CVDD) indicator, a metric that tracks long-term holder behavior and capital inflows, suggests that BTC could soon enter a new uptrend. If Bitcoin stabilizes and reclaims key support levels, it could pave the way for a rally toward a new all-time high of $128,000. With Bitcoin at a critical inflection point, the next few trading sessions will be crucial in determining whether BTC can regain momentum or if further downside is ahead. Investors are now closely watching whether selling pressure continues or if long-term holders step in to accumulate, signaling a potential market rebound. Bitcoin Insights Give Hope To Bulls Bitcoin is at a critical juncture, facing a serious risk of continued correction as bearish sentiment grips the market. Many analysts now believe that the Bitcoin bull cycle may be over, as BTC struggles below $85,000 while barely holding above $80,000. With selling pressure intensifying, investors are expecting another leg down, potentially pushing BTC into lower demand zones. Despite the negative outlook, some analysts argue that a recovery is still possible if Bitcoin can reclaim key levels. Top analyst Ali Martinez shared insights on X, stating that if BTC reclaims $84,000 as support, it could open the path toward a rally to a new all-time high of $128,000. This suggests that while the market remains fragile, there is still potential for Bitcoin to regain strength if bulls step in at critical price points. The coming weeks will be crucial in determining the strength or weakness of this cycle. If BTC continues to struggle below key resistance levels, a deeper correction could follow, reinforcing bearish sentiment. However, if bulls manage to push BTC back above $84K, it would indicate a shift in momentum, potentially reigniting the uptrend. Related Reading: Ethereum Breaks Out Of Descending Triangle Pattern – Fakeout Or Recovery Rally? With uncertainty dominating the market, traders are closely watching BTC’s next move, as its ability to hold or reclaim support levels will determine whether this cycle is truly over or if another rally is still on the horizon. BTC Struggling Below $85K Bitcoin has faced massive selling pressure, with the most significant drop occurring on Sunday, when the price plunged from $86,000 to $80,000, marking a 7% decline in just hours. This sharp downturn has fueled panic selling as investors remain uncertain about Bitcoin’s short-term direction. For bulls to regain control, BTC must reclaim the $86,000 level and push above $90,000 to confirm a potential recovery rally. A strong move past these key resistance levels could restore confidence in the market, signaling that Bitcoin’s correction phase might be nearing its end. However, failure to break above $86K could keep Bitcoin under bearish control, increasing the risk of another leg down. If BTC drops below $80,000, it could test the $78,000 low, a level that, if breached, may lead to further downside pressure. Related Reading: 330,000 Ethereum Withdrawn From Exchanges In 72 Hours – Supply Squeeze Incoming? With Bitcoin at a critical turning point, the next few trading sessions will determine whether bulls can reclaim key levels or if bears will continue to dominate the market, pushing BTC into deeper correction territory. Featured image from Dall-E, chart from TradingView

Bitcoin continues to trade within a tight range, holding above the $94K level while struggling to break past the $100K mark. The long-term outlook remains bullish as BTC maintains key demand levels, but short-term price action remains uncertain. Investors and analysts are closely watching for a breakout, with speculation rising that this period of consolidation is the calm before the storm. Related Reading: Ethereum Holds Multi-Year Bullish Structure – Time For A Comeback? While bulls have defended crucial support levels, they have been unable to push BTC above key resistance, leading to growing frustration in the market. Analysts suggest that an aggressive move in either direction is imminent. Key metrics from Glassnode reveal that the most critical resistance level for Bitcoin is currently at $97,533. This level has acted as a key rejection zone in recent weeks, preventing BTC from reclaiming momentum. If Bitcoin manages to break and sustain a move above this resistance, it could signal the start of a new uptrend, potentially driving prices toward ATH and beyond. However, failure to do so may lead to continued sideways trading or even another retest of lower demand zones. As market participants await confirmation, Bitcoin remains at a pivotal moment that could define its next major move. Bitcoin Prepares For An Aggressive Move Bitcoin has remained in a quiet consolidation below the $100K mark, creating an environment filled with uncertainty and frustration among traders. Price action remains range-bound, fluctuating between $94K and $100K without any clear direction. Analysts continue to speculate about the next move, with most agreeing that an aggressive breakout is inevitable. However, the major question remains—will it be a bullish surge into price discovery or a selloff into lower demand levels? Top analyst Ali Martinez shared Glassnode data on X, revealing that the most critical resistance level for Bitcoin is currently at $97,533. This level has repeatedly acted as a barrier, preventing bulls from regaining control. Martinez suggests that a sustained breakout above this level could signal further upside, potentially paving the way for a move toward the $100K psychological barrier. Investor sentiment is mixed, with some expecting Bitcoin to reclaim momentum and push past ATH, while others remain cautious due to the prolonged consolidation and weakening volatility. Historically, extended periods of low volatility often precede major price moves, but the market remains divided on which direction BTC will take. For now, Bitcoin continues to trade within a tight range, and investors eagerly await confirmation of the next major trend. Related Reading: Solana Sweeps Lows But Recovers – Can Bulls Reclaim $185 by Friday? BTC Price Action Details Bitcoin is trading at $97,300, attempting to reclaim key moving averages that could define its short-term direction. The 4-hour 200 exponential moving average (EMA) at $98K and the 200 moving average (MA) at $100K serve as critical resistance levels that bulls must overcome to confirm an uptrend. If Bitcoin breaks above these levels and holds them as support, it could ignite a massive rally toward new highs. However, uncertainty still dominates the market as BTC struggles to sustain bullish momentum. Investors are closely watching whether the price can break through these resistance zones or if another rejection will occur. A failed attempt to push above the $98K-$100K range could result in increased selling pressure, leading BTC into lower demand zones around $91K. Related Reading: Altseason At Risk? Expert Believes Ethereum Must Hold $2,600 To Sustain Momentum Despite the cautious sentiment, Bitcoin’s long-term structure remains bullish as it continues to hold above key support levels. The coming days will be crucial as traders look for confirmation of either a breakout or a potential retracement. If BTC manages to reclaim these key moving averages, confidence could return to the market, fueling further upside momentum. Until then, Bitcoin remains in a critical consolidation phase, awaiting its next decisive move. Featured image from Dall-E, chart from TradingView

Bitcoin’s short-term price direction remains uncertain as the market struggles to confirm its next move. Analysts and investors are divided, with some calling for a breakout into new all-time highs while others anticipate renewed selling pressure into lower prices. The price has been consolidating in a narrow range for the past twelve days, holding above the $94,000 demand level and facing resistance below the $100,000 mark. Related Reading: Are Meme Coins Hurting Solana? Rising Selling Pressure Sparks Investor Concerns Key data from CryptoQuant reveals that the nearest support zone for BTC is forming between $91,000 and $95,000. This range is reinforced by two critical technical indicators: the 111-day simple moving average (SMA 111D), currently at $95,000, and the Short-Term Holder (STH) Realized Price, which sits at $91,000. These levels suggest that BTC is trading above historically significant support areas, where short-term holders have realized their profits or losses. While the long-term structure remains bullish, investors are growing impatient as BTC fails to reclaim key resistance levels. If Bitcoin can push above $100K in the coming days, analysts expect a rally into price discovery. However, losing support around $94K–$95K could trigger increased selling pressure and a deeper correction into lower demand zones. Bitcoin Prepares For A Decisive Move Bitcoin’s recent consolidation phase has fueled speculation about a potential breakout, with many analysts suggesting that the market is witnessing the calm before the storm. While short-term direction remains uncertain, the long-term bullish structure remains intact, and many expect BTC to make a strong move toward new all-time highs soon. Crypto analyst Axel Adler shared key CryptoQuant data on X, highlighting that Bitcoin’s nearest support zone is forming around $91,000–$95,000. This range is significant because it aligns with the 111-day simple moving average (SMA 111D) at $95,000 and the Short-Term Holder (STH) Realized Price at $91,000. These levels represent areas where short-term holders have historically realized profits or losses, making them crucial for maintaining bullish momentum. On the resistance side, Adler notes that Bitcoin faces a key supply zone between $98,000 and $101,000. This area is defined by the aggregate exit prices of holders with a holding period of one week to one month at $100,800 and those with a one- to three-month holding period at $98,200. Related Reading: Ethereum Forms A Bullish Pattern – Expert Reveals Short-Term Price Target As BTC continues to trade within this narrow range, investors are closely watching these levels for a decisive breakout. A push above $101K could trigger a rally into price discovery. While losing support at $91K could lead to further downside. BTC Bulls Face A Big Test Bitcoin is trading at $95,600 after nearly two weeks of sideways movement within a narrow range, fluctuating less than 4% in either direction. This extended period of consolidation has left traders on edge, as they await a decisive move in either direction. For BTC to maintain its bullish structure, the $95,000 level must hold. This price point aligns with technical support, and a break below it could signal strong selling pressure. Bulls face a critical test at this stage, as they must defend this support and initiate a push above key resistance levels. To confirm a breakout, Bitcoin needs to reclaim the $98,000 mark and, ultimately, the psychologically significant $100,000 level. A successful move above these levels would provide the momentum needed to challenge all-time highs and re-enter price discovery. However, failure to hold $95K could trigger a downside move, with BTC potentially testing support zones closer to $91K. Related Reading: Dogecoin Pulls Back To ‘The Golden Ratio’ – Analyst Expects A Bullish Reversal As Bitcoin consolidates, traders remain cautious, watching for volume spikes and increased buying pressure to confirm the next price movement. The coming days will be crucial in determining whether BTC resumes its uptrend or faces further correction. Featured image from Dall-E, chart from TradingView

Bitcoin has experienced a quiet weekend, with the price remaining stagnant around the $96,500 level for five consecutive days. This prolonged period of consolidation highlights the current indecisive nature of the market. Bulls have been unable to reclaim control and push Bitcoin above the critical $100K mark, while bears are also struggling to drive the price lower toward key demand levels. Related Reading: Ethereum Holds Multi-Year Bullish Pattern – Expert Suggests The Next Move Will Be ‘The Real Deal’ The lack of direction has left investors and analysts watching closely for signals of the next major move. The broader market sentiment remains cautious, with many questioning whether Bitcoin can regain bullish momentum or if a deeper correction is on the horizon. Key metrics shared by crypto expert Axel Adler on X provide some insight into the current dynamics. According to Adler, the $97K level serves as a strong support zone, representing the average purchase price for Bitcoin short-term holders. This suggests that a significant portion of market participants are still confident in Bitcoin’s ability to hold above this level despite the lack of upward momentum. Bitcoin Demand Remains Strong As Indecision Drives The market  Bitcoin has been navigating through weeks, even months, of uncertainty and speculation, leaving investors divided about its short-term direction. Bulls have struggled to push the price back above the critical $100K mark, while bears have been unable to break below key support levels. This stalemate has created a market characterized by indecision, with volatility continuing to dominate price action. The absence of a clear trend has caused frustration among investors, many of whom had anticipated a stronger rally earlier this year. Instead, Bitcoin has been consolidating within a range, bouncing between its $109K all-time high and support levels around $90K. For now, the market seems stuck in this phase, with no immediate catalyst to break out. Top analyst Axel Adler has provided crucial insights into the current dynamics. According to Adler, the $97K level is acting as strong support, as it represents the average purchase price for short-term holders who have held their Bitcoin for one to three months. This data suggests that many market participants are still confident in Bitcoin’s ability to hold this level, even as broader uncertainty looms. If Bitcoin can sustain this support in the coming days, analysts anticipate a potential rally back toward range highs around $109K. However, failure to maintain this level could pave the way for further downside, testing lower demand zones. For now, the market remains on edge, waiting for Bitcoin’s next decisive move. Related Reading: Cardano Is Showing Signs Of A Potential Rebound As Key Indicator Flashes A Buy Signal – Analyst BTC Price Action Details: Key Levels Bitcoin is currently trading at $98,000 after spending the past week in a tight range between the $100K psychological resistance and the $94,500 low. This range-bound price action highlights indecision in the market, as bulls and bears struggle to gain control. For Bitcoin to confirm a short-term reversal and regain bullish momentum, bulls need to reclaim the $98K mark as support and push decisively above the $100K level. Breaking and holding above this critical resistance could set the stage for a move toward higher price levels, potentially targeting all-time highs around $109K. A successful reclaim of the $100K level would signal renewed strength and confidence in the market, sparking optimism among investors. On the flip side, failure to hold above the $95K support level could open the door for further downside. A drop below $95K might send Bitcoin into lower demand zones, with the $90K level acting as the next key support. Such a move could further fuel bearish sentiment and extend the current consolidation phase. Related Reading: Ethereum Stuck Below $2,800 Resistance – Bulls Need A Higher Low To Recover As the market continues to consolidate, investors are closely monitoring these levels for clues about Bitcoin’s next move. With both bulls and bears testing their limits, the coming days will likely determine the short-term direction of BTC’s price. Featured image from Dall-E, chart from TradingView

Bitcoin is trading below the $100K mark after enduring a volatile and turbulent week. The cryptocurrency faced extreme selling pressure last Sunday, dropping over 9% in less than 24 hours. Although Bitcoin managed a slight recovery on Monday, the selling pressure has persisted, leaving the market in a state of uncertainty. Related Reading: Whales Accumulate 100 Million Dogecoin In 24 Hours – Demand Signals Growing Confidence Key metrics shared by Axel Adler on X shed light on the current state of Bitcoin’s price action. According to Adler, the Bitcoin Short-Term Holder (STH) MVRV indicator has declined from $98K and a value of 1.35 to average levels. This drop suggests that short-term holders have been actively taking profits during this period of heightened volatility. The STH MVRV is a critical indicator for assessing market sentiment among short-term participants. Historically, values above 1.30–1.35 signal an overheated market, often leading to sell-offs. The recent decline in the indicator indicates that some short-term holders have exited their positions, potentially marking the end of a local overheated phase. As Bitcoin consolidates below $100K, market participants are keeping a close eye on key support and resistance levels, hoping to identify the next big move in this unpredictable market environment. For now, profit-taking and volatility dominate the narrative. Bitcoin Faces Persistent Selling Pressure As Short-Term Holders Exit Positions Bitcoin has been grappling with heightened volatility and selling pressure since the start of February, a trend that has negatively impacted altcoins and meme coins, leading to bearish price action across the market. Analysts are increasingly calling for a correction as bulls show signs of fatigue and price movements suggest further declines could be on the horizon. Key insights from CryptoQuant, shared by Axel Adler on X, reveal an important shift in market dynamics. The Bitcoin Short-Term Holder (STH) MVRV indicator, a critical tool for gauging short-term holder behavior, has declined from $98K and 1.35 to average levels. This drop indicates that short-term holders have been taking profits amid the recent market volatility. Historically, an STH MVRV above 1.30–1.35 signals an overheated market, often preceding significant sell-offs. The current decline in the indicator suggests that a portion of short-term holders have exited their positions, relieving some pressure on the market. A return to average levels typically marks the end of a local overheated phase. Related Reading: Solana Holds Support Above Key Indicator – Expert Sees Push To ATH If Momentum Returns If demand remains strong, Bitcoin is likely to enter a consolidation or sideways trading phase following this period of profit-taking. However, a drop in the STH MVRV below 1.0 would signal the formation of a local bottom, potentially setting the stage for a future rally. As the market navigates this period of uncertainty, monitoring these key metrics will be crucial in anticipating Bitcoin’s next move. Price Struggles to Find Direction Below $100K Bitcoin is trading at $96,700 after several days of sideways movement within a tight range between $100,000 and $95,600. The price has been unable to establish a clear direction, with bulls losing control after failing to hold the $100K mark last Tuesday. This lack of momentum has created an atmosphere of uncertainty in the market, leaving traders on edge as Bitcoin hovers near key support levels. The short-term outlook for Bitcoin remains unclear, as neither bulls nor bears have managed to take decisive control. If Bitcoin fails to hold above the critical $95K support level, a deeper decline into the $90K demand zone could follow. Such a move would signal increased selling pressure, potentially dampening sentiment further and extending the current consolidation phase. Related Reading: Ethereum Is Consolidating After The Flush Last Weekend – The Calm Before A Big Move? On the other hand, reclaiming the $100K level is crucial for bulls to regain control and push the price higher. However, without a strong push above this psychological resistance, Bitcoin’s price action is likely to remain choppy and uncertain. Market participants are watching closely for any signs of a breakout or breakdown, as the next move could define Bitcoin’s trajectory in the coming weeks. For now, caution remains the prevailing sentiment. Featured image from Dall-E, chart from TradingView

Bitcoin has been struggling to reclaim the $100K mark, facing intense volatility and selling pressure since the weekend. The market remains uncertain as bulls attempt to defend key support levels while bears push for a deeper correction. Despite this, Bitcoin continues to show resilience, holding above crucial price zones that could determine the next big move. Related Reading: Ethereum Is Testing Key Support on the ETH/BTC Chart – A Parabolic Move Could Be Next Top analyst Axel Adler shared key insights on X, revealing that as of February 6, 2025, the most critical support level for BTC is at $90.6K, based on the Short-Term Holder (STH) Realized Price metric. Additionally, another major support level is found at $97.2K, calculated from the Short-Term Holder one-month to three-month Realized Price. These levels indicate where recent buyers are positioned, making them crucial for Bitcoin’s stability in the current consolidation phase. As the market digests recent volatility, Bitcoin’s ability to hold above these support levels could set the stage for a renewed rally. If BTC remains strong and demand picks up, breaking above $100K could trigger a push toward all-time highs. However, losing these levels could invite further downside pressure. Investors and analysts are watching closely to see if Bitcoin can regain bullish momentum in the coming days. Bitcoin Metrics Highlight Liquidity Levels  Bitcoin has experienced intense volatility since the weekend, with price action swinging between key levels. After a sharp drop to $91K, BTC quickly rebounded above $100K before settling around $98K. Market sentiment remains fragile as trade war fears continue to shape price movements. The uncertainty surrounding global markets and economic policies has led to increased speculation, with investors closely watching Bitcoin’s ability to hold above crucial support zones. Top analyst Axel Adler shared insights on X, highlighting key technical levels that could define Bitcoin’s short-term trend. As of February 6, 2025, the primary support level is at $90.6K, based on the Short-Term Holder Realized Price metric. This level is a critical price point where short-term holders have acquired BTC, making it a strong area of demand. Additionally, another key support zone is at $97.2K, which represents the one-month to three-month Short-Term Holder Realized Price. On the resistance side, Bitcoin faces significant supply pressure at $100.6K, a level where recent buyers have concentrated their entries. This range, identified through the Short-Term Holder one-day to one-week and one-week to one-month Realized Price metrics, acts as a key barrier preventing BTC from breaking higher. If Bitcoin manages to reclaim and hold above this level, the next target would be $105K or higher, opening the door for another attempt at price discovery. Related Reading: Solana Could Target $220 If It Holds Current Levels – Analyst Expects Short-Term Bullish Momentum For now, BTC remains in a consolidation phase, with both bulls and bears fighting for control. If Bitcoin holds above its key support levels, a renewed bullish phase could emerge, pushing the price toward new highs. However, losing these zones could trigger another round of selling pressure, potentially sending BTC into lower demand levels. The next few days will be crucial in determining the market’s direction. Price Consolidates At Demand Levels: Can BTC Hold? Bitcoin is trading at $99,000 after days of choppy price action, struggling to reclaim the $100K mark. The market remains in a consolidation phase, with bulls attempting to regain control while bears push for further downside. Despite strong demand at lower levels, BTC has yet to establish a firm breakout above key resistance zones. The most crucial support level for bulls to hold is $98K. Maintaining this level could set the stage for a rally, as it has proven to be a strong demand zone in recent sessions. A successful defense of $98K would give buyers the confidence needed to push the price above $100K, a psychological and technical level that must be reclaimed to shift momentum in favor of the bulls. Related Reading: ‘Solana Breakdown Fails’ – Holding $205 Is Crucial To Trigger a Push Higher However, failure to hold above $98K would expose BTC to increased selling pressure. If the price loses the $96K mark, a deeper correction into lower demand zones becomes likely, potentially bringing BTC down to the $92K–$94K range. For now, traders are watching these levels closely, as Bitcoin remains at a crucial point in determining whether the next move will be a surge above all-time highs or a continued pullback into lower support zones. Featured image from Dall-E, chart from TradingView

Bitcoin and the entire crypto market experienced a rollercoaster of volatility yesterday, plunging on fears of a U.S. trade war before staging a rapid recovery. The price dropped over 9% in just a few hours, hitting a low of $91,530, only to bounce back by more than 12% following reports that President Trump is negotiating with Mexico and Canada to lift tariffs. This shift in sentiment quickly fueled renewed optimism across the market. Related Reading: Solana Retraces TRUMP Meme Pump Gains – But Technicals Suggest A $300 Run Top analyst Daan shared a technical analysis on X, highlighting Bitcoin’s resilience amid uncertainty. He noted that BTC still looks much stronger than anything else in the market, maintaining a solid uptrend when viewed from a broader perspective. Despite the aggressive sell-off, Bitcoin remains structurally sound, with strong demand levels preventing deeper corrections. With BTC trading back above key levels, investors are watching closely to see if the cryptocurrency can sustain this momentum and push toward all-time highs. The coming days will be crucial in determining whether Bitcoin can solidify its position as the dominant asset in the market or if further volatility will test its strength again. For now, Bitcoin appears to be leading the market recovery, proving its resilience once more. Bitcoin Holding Bullish Price Action Despite recent volatility and aggressive selling pressure, Bitcoin continues to show strength compared to altcoins, proving its dominance in the market. While many altcoins struggle to recover, BTC has rebounded quickly from its lows, reinforcing its position as the leading asset. Yesterday’s price action further confirmed that Bitcoin is still in control, and the long-anticipated altseason may be delayed until altcoins can catch up with BTC’s momentum. Top analyst Daan shared a technical analysis on X, highlighting Bitcoin’s resilience. He noted that BTC is much stronger than anything else in the market and still looks perfectly fine when zooming out. According to Daan, Bitcoin’s demand remains significantly higher than other assets, especially during times of uncertainty. This is evident in the recent market movement, where BTC recovered swiftly while most altcoins remained stagnant or continued to drop. Daan’s analysis reveals that Bitcoin is currently trading within a defined range, with an all-time high (ATH) of $109K at the upper boundary and strong support at the $90K level. As long as BTC holds within this range, the potential for another breakout remains high. If bulls manage to push BTC above the ATH, a new bullish phase will begin, potentially leaving altcoins further behind. Related Reading: Ethereum Long-Term Bullish Structure At Risk – $2,700 Support Is Key for a $7K Target Another key factor driving Bitcoin’s dominance is institutional interest. The recent data from major on-chain analytics platforms reveals that Bitcoin accumulation remains strong among whales, with large holders continuing to add BTC despite market uncertainty. Unlike previous market cycles, where retail investors drove price surges, this rally appears to be fueled by institutions and long-term holders, making it more sustainable. Testing Key Demand Levels Bitcoin is testing crucial liquidity below the $100K mark, currently trading at $99,400 and attempting to find a strong footing before its next move. Price action remains highly unpredictable and volatile, with investors closely watching key levels for signs of a potential breakout or further downside. For BTC to confirm short-term strength, it must reclaim the $100K mark and hold it as support. This level is a psychological and technical barrier that, once secured, could trigger renewed bullish momentum. If Bitcoin struggles to maintain this level, further consolidation below $100K could follow, delaying any breakout attempts. The $98K level is another crucial support zone. As long as BTC stays above this mark, a push back above $100K remains highly likely. Losing this level could lead to a deeper retracement, testing lower demand zones before another attempt to reclaim higher levels. Related Reading: Bitcoin Trades At Discount For The Past Month Signaling Selling Pressure – What This Means To fully regain bullish momentum, Bitcoin must reclaim the $103,600 mark, a key resistance level that has limited upward moves in recent days. A successful breakout above this level would set the stage for a massive rally toward all-time highs, opening the door for BTC to enter price discovery once again. Featured image from Dall-E, chart from TradingView

Bitcoin has been trading sideways since mid-January, moving within a tight range between its all-time high and the $97,750 support level. The market remains divided, with bulls expecting a breakout into price discovery and bears speculating that the cycle top is already in. Despite this uncertainty, Bitcoin continues to hold above critical levels, keeping investors on edge about the next major move. Related Reading: Avalanche Forms A Falling Wedge On The Daily Chart – Breakout Target Set At $56 Top analyst Ali Martinez shared key insights on X, revealing that $97,190 is one of the most important support levels for Bitcoin at the moment. Martinez emphasizes that holding above this level is crucial to sustaining the bull market and determining BTC’s price direction for the coming weeks. If Bitcoin maintains strength above this zone, it could provide the foundation for another rally toward the $110K mark and beyond. However, losing this level could result in a deeper correction, shaking market confidence. With macroeconomic conditions still playing a key role in market sentiment, traders closely watch how BTC reacts to this critical support. Whether Bitcoin can hold firm or break lower will likely define its short-term trajectory, shaping expectations for the rest of the bullish cycle. Bitcoin Facing A Crucial Test Bitcoin is at a crucial moment in its cycle, as the coming weeks will determine whether BTC can break above all-time highs and enter price discovery or if a longer consolidation—or even a correction—into lower demand levels is ahead. After weeks of sideways trading, Bitcoin remains at a crossroads, with bulls and bears battling for control of the next major move. Key metrics shared by Martinez reveal that $97,190 is one of the most important support levels for Bitcoin at the moment. This level is a crucial structural point that has provided strong demand during recent corrections.  Holding above it is vital to sustaining the bull market, as it could serve as a launchpad for BTC’s next leg up. Martinez emphasizes that if the price maintains strength above this support in the coming weeks, a new bullish phase is almost inevitable—pushing BTC into new highs and likely sparking a broader market rally. Related Reading: Chainlink Could Target $30 Once It Breaks Bullish Pattern – Top Analyst However, failure to hold above $97,190 could lead to a breakdown, triggering extended consolidation or a deeper retrace into lower demand zones. Investors and traders are closely watching how Bitcoin reacts to this level, as it could define the market’s trajectory for the next few months. Consolidation Below ATH Bitcoin (BTC) is trading at $101,200 after a volatile week, with price action consolidating between all-time highs (ATH) and the crucial $100K level. Despite recent swings, Bitcoin has held strong above key structural support, signaling resilience in the face of market uncertainty. If BTC stays above $100K in the coming days, a push above ATH is almost certain, as demand remains strong at these levels. The market is watching closely for a breakout confirmation, which would require BTC to clear the $106,000 level with strength. A successful move above this resistance would likely trigger a massive rally, sending Bitcoin into uncharted territory. However, losing the $100K support could change the short-term outlook, signaling a possible correction into lower demand zones. Such a move could lead to extended consolidation or a deeper retrace, allowing new liquidity to enter the market before another bullish push. Related Reading: Cardano Consolidates Within A Symmetrical Triangle – Expert Sees A 40% Move Once It Breaks For now, BTC remains at a critical level, with investors and traders closely monitoring whether bulls can sustain momentum and drive prices higher—or if a temporary pullback is on the horizon. Featured image from Dall-E, chart from TradingView

In the past few days, Bitcoin (BTC) has withstood two key developments that could have derailed the cryptocurrency’s bullish momentum. Given Bitcoin’s resilience, analysts are now predicting a new BTC all-time high (ATH) in the coming weeks. Bitcoin Defies DeepSeek Sell-Off, FOMC Uncertainty Earlier this week, US stocks took a hit after Chinese AI firm DeepSeek unveiled its open-source LLM, raising concerns over the high market valuation of its American counterparts. As a result, the S&P 500 saw a strong sell-off, with NVIDIA leading the losses, dropping 16% in a single day. Related Reading: Bitcoin Holds Steady Amid NASDAQ Decline, Analyst Calls It ‘Extremely Bullish’ Similarly, in its latest meeting, the Federal Open Market Committee (FOMC) left interest rates unchanged, in line with market expectations. While the hawkish stance was expected to deal another blow to crypto markets, BTC remained relatively unscathed after an initial dip. At the time of writing, BTC is trading at $105,839, having essentially recouped all its losses from the DeepSeek-induced market crash. In fact, BTC has outperformed the S&P 500 over the past five days, surging 1.53%, compared to the latter’s 1.25% decline. New BTC ATH In February? Seasoned crypto trader Pentoshi commented on BTC’s strength, saying that the digital asset has held up well despite the turmoil. The trader added that they see no reason why BTC shouldn’t hit a new ATH soon. Another Bitcoin enthusiast, Castillo Trading, noted that Bitcoin’s price structure “looks flawless.” They added that both lower- and higher-time frames suggest that BTC will likely go higher. Related Reading: Bitcoin May Target $145,000 To $249,000 Under Trump Administration: Report In a similar vein, crypto trader and entrepreneur Michael van de Poppe said that the market will likely see a new BTC ATH in the ‘coming weeks,’ potentially hinting at February as the target month. Further, crypto trader Roman shared the following chart, commenting that “Stoch & RSI have plenty of room to break $108,000 resistance and head higher.” They added that bullish divergence on BTC is also playing out nicely. For the uninitiated, both Stochastic Oscillator (Stoch) and Relative-Strength Index (RSI) are momentum indicators that help traders identify whether the underlying asset is oversold or overbought in current market conditions. While projections for a new BTC ATH may be focused on the short-term, market cycle peaks are expected to occur in the summer of 2025. For instance, a recent report by Bitfinex forecasts that BTC could surge to $200,000 by mid-2025, amid shallow price pullbacks. Meanwhile DeepSeek predicts that BTC may top out between $500,000 and $600,000 by Q1 2026. At press time, BTC trades at $105,839, up 3.1% in the past 24 hours. Featured image from Unsplash, Charts from X and TradingView.com

Bitcoin (BTC) has seen an impressive 8% surge since Monday, solidifying $100K as a strong support level. After weeks of volatility and uncertainty, BTC has now reclaimed key levels and is pushing toward an all-time high (ATH) retest. Investors and analysts alike are closely watching Bitcoin’s next move, as bullish momentum continues to build. Related Reading: Dogecoin Is Setting For A Massive Leg Higher – Analyst Sees Bullish Consolidation Above Key Level Top analyst Axel Adler shared insights revealing that Bitcoin continues to flow out of exchanges, a sign that long-term holders are accumulating. This trend is reducing available supply, which historically has been a key driver for price appreciation in bull cycles. With fewer BTC available for trading, demand pressure could accelerate, potentially fueling a breakout into price discovery. Now that Bitcoin has regained critical resistance levels, traders are eyeing a push above ATH, which would confirm the next major leg of the bull run. However, market participants remain cautious, as BTC must hold above key levels to sustain its uptrend. The coming days will be crucial in determining whether Bitcoin can continue its climb or enter another consolidation phase before making a decisive move. Bitcoin Holds Strong Above $105K Bitcoin (BTC) has experienced high volatility in recent weeks, yet strong price action continues to defy negative market sentiment. After testing key support levels, BTC is now trading above $105K, showing resilience as it looks ready to push above all-time highs (ATH). Investors remain optimistic about Bitcoin’s long-term trajectory, with many expecting a bullish year ahead. Related Reading: Solana ‘Still Wants Lower’ As Meme Coins Face A Major Shakeout – Analyst Yesterday’s Federal Reserve meeting added to the positive market sentiment, giving BTC the momentum needed to shift back into an upward trajectory. With institutional and retail demand rising, Bitcoin remains the leading asset poised for another breakout. Crypto expert Axel Adler shared valuable insights on X, highlighting that a negative Netflow-to-Reserve ratio is a bullish signal. He pointed out that the largest BTC outflow from exchanges occurred at the Bear Market bottom in January 2023, marking strong buying activity and the first accumulation phase of the bull cycle. In 2024, peak buying activity was observed at the $100K level, reinforcing strong demand despite a slight decline in volume. The key takeaway is that Bitcoin continues to flow out of exchanges, reducing supply and fueling further price appreciation. If demand remains strong, BTC could soon break into price discovery, setting the stage for new all-time highs. BTC Testing Last Resistance Below ATH Bitcoin (BTC) is currently trading at $105,200, showing strong momentum as it inches closer to a breakout above all-time highs. The next key level to clear is $106K, which could trigger a move toward the highly anticipated $110K mark. If BTC pushes past ATH with conviction, it would confirm a bullish breakout, setting the stage for further price discovery. However, bulls must defend the $103,600 level to sustain the uptrend. This price zone has been a critical support, holding Bitcoin in a bullish structure. Losing this level could signal short-term weakness, potentially sending BTC back to test the $100K mark. Related Reading: Dogecoin Whales Accumulate 450 Million DOGE During Recent Price Dip – Time For A Breakout? For now, Bitcoin’s price action remains strong, and as long as $103,600 holds, momentum should continue to favor the bulls. With demand rising and exchange supply decreasing, BTC is in a prime position to push toward new highs. The coming days will be crucial, as traders watch for a confirmed breakout or a potential retest of key support levels. Featured image from Dall-E, chart from TradingView

Bitcoin is trading near the $103,000 level following a highly bullish Friday that has energized the market. The recent surge has positioned BTC for a potential rally toward new all-time highs, with analysts closely monitoring its next moves. This renewed momentum comes after a significant breakout that many believe has cleared the path for further price appreciation. Related Reading: Solana Reclaims Monthly And Weekly Support Levels – Expert Sets $330 Target Top analyst Jelle has shared a technical analysis that highlights the bullish outlook for Bitcoin. According to Jelle, BTC now faces virtually no resistance following the recent breakout, suggesting that the cryptocurrency could be poised for a rapid ascent. This lack of overhead resistance is a rare and encouraging sign, bolstering investor confidence in Bitcoin’s ability to sustain its upward trajectory. The coming days will be pivotal for Bitcoin as traders and investors look for confirmation of this bullish trend. If BTC continues to hold key support levels and build on its momentum, a rally to uncharted territory appears increasingly likely. With market sentiment turning optimistic and technical indicators aligning, Bitcoin’s current position could mark the start of a transformative phase for the leading cryptocurrency. All eyes are now on BTC as it edges closer to rewriting its own history. Bitcoin Enters A Key Phase  Bitcoin has officially entered a pivotal phase as it broke above the highly anticipated $100,000 mark, signaling the start of what many expect to be an explosive rally. This breakout has ignited widespread optimism among investors, who now believe BTC is on the verge of entering price discovery—a phase where it explores uncharted territory beyond its previous all-time high (ATH). Top analyst Jelle recently shared a detailed technical analysis on X, emphasizing the significance of Bitcoin’s recent price action. According to Jelle, Bitcoin’s ability to reclaim critical supply levels has effectively cleared the last major resistance zones. With these levels now behind it, BTC faces virtually no resistance as it prepares to surge higher. Jelle also highlighted that the recent breakout aligns with broader market dynamics, adding further weight to the bullish narrative. The next few days will be crucial as Bitcoin tests its newfound strength above the $100K level. Holding this psychological and technical support is essential for sustaining the rally. If BTC maintains its position above this threshold, the move into price discovery becomes almost inevitable, paving the way for rapid gains and new ATHs. Related Reading: Dogecoin Leads The Pack As Dog-Themed Coins Rally – “Trump Effect” Sparks Excitement This bullish momentum comes at a time when market sentiment is overwhelmingly positive. Investors are positioning themselves for what could be one of Bitcoin’s most transformative periods yet. With fundamentals, technicals, and sentiment all pointing upward, Bitcoin is poised to lead the cryptocurrency market into a new era of growth. As the rally unfolds, the potential for unprecedented price levels underscores Bitcoin’s enduring role as the flagship of the crypto world. BTC Prepares To Surge Bitcoin (BTC) is currently trading at $103,000, maintaining its bullish momentum after an impressive surge on Friday. The price is now holding above the previous local high, signaling strength as it tests demand in a former supply zone. This critical level has shifted from resistance to support, showcasing the market’s growing confidence in Bitcoin’s upward trajectory. Analysts are optimistic that if BTC continues to hold above the $102,000 mark, a push toward new all-time highs (ATH) becomes inevitable. This level represents a strong foundation for the ongoing rally, and maintaining it would confirm short-term strength while supporting the long-term bullish trend. A decisive move above $103,000 would likely trigger heightened market activity, further fueling Bitcoin’s rally into price discovery. However, losing the $102,000 level could lead to a period of consolidation. Such a pullback might delay Bitcoin’s ascent but could also provide an opportunity for the market to regroup before making another attempt at breaking ATH. Related Reading: Ondo Finance Funding Rate Signals Greed Among Investors – Sign Of Strength? With Bitcoin now in a pivotal position, traders and investors are watching closely for confirmation of the next big move. Holding key support levels will be essential to sustaining the bullish momentum and keeping Bitcoin on track for its next major breakout. Featured image from Dall-E, chart from TradingView

Bitcoin has kicked off the week with notable volatility, showcasing the market’s unpredictability. After a sharp 6% decline that took the price to fresh lows around $89,100, BTC staged an impressive recovery, surging 9% to reclaim the $97,000 level. This rapid rebound highlights both the resilience of Bitcoin and the cautious sentiment among investors navigating uncertain market conditions. Related Reading: Solana Reclaims Key Levels Amid Market Volatility – Reclaim $210 And New Highs Are Next The crypto market now turns its focus to today’s Consumer Price Index (CPI) report, a key economic indicator that will provide insights into inflation trends. Expectations are leaning toward a potential rise in inflation, a scenario that could heavily influence Bitcoin’s price trajectory as investors assess its role as a hedge against economic instability. Top analyst Jelle weighed in on the current market dynamics, sharing a technical analysis that suggests Bitcoin is likely to encounter “bumpy conditions for a while” before finding a smoother path higher. According to Jelle, the current consolidation phase may set the stage for a bullish continuation once inflation data and market reactions settle. As Bitcoin hovers near critical resistance levels, the CPI report’s outcome will be pivotal in determining whether BTC can sustain its recovery or faces renewed pressure. Investors are bracing for a dynamic day ahead. Bitcoin Builds Momentum Amid Volatility  Bitcoin is beginning to excite bulls as recent price action signals potential strength. The cryptocurrency has displayed a classic trend reversal pattern characterized by high volatility, significant trading volume, and rapid flash crashes followed by swift recoveries. This combination of factors often precedes major price moves, and many investors are now turning optimistic about Bitcoin’s outlook. With the Consumer Price Index (CPI) report set to be released later today, market participants brace for a volatile session. The report, which offers insights into inflation trends, could heavily influence Bitcoin’s price trajectory. Top analyst Jelle shared a technical analysis on X, highlighting that Bitcoin’s reclaim of the $97K level is a promising development. While he expects volatility to persist as the report comes out, Jelle remains confident that BTC will continue to climb higher in the weeks ahead. Adding to the uncertainty is the broader macroeconomic backdrop. As President-elect Donald Trump prepares to assume office on January 20, the market faces a mix of fear and uncertainty. This political transition has heightened investor caution, further influencing Bitcoin’s movements. Related Reading: Chainlink Weekly Chart Looks Promising – If Bulls Reclaim $30 ‘ATH Are Next’ Despite these challenges, the resilience Bitcoin has shown in recent days bolsters the bullish case. If BTC maintains its upward trajectory, it could pave the way for substantial gains as economic and political events unfold in the coming weeks. Price Holds Near $97K Bitcoin is trading at $97,000 following an impressive 9% recovery from its recent low of $89,164. This surge demonstrates renewed bullish momentum, but BTC now faces a critical challenge as it tests the 4-hour 200 moving average at $97,400. This technical indicator is often viewed as a key measure of short-term strength and trend direction. A successful reclaim and stabilization above this level could act as a springboard for Bitcoin to push toward and potentially surpass the $100,000 psychological milestone. Such a move would likely fuel further market optimism and reinforce the narrative of a strong bullish trend resuming. Related Reading: Solana Consolidates In A Bullish Pattern – A Breakout ‘Could Spark A 40% Move’ However, the situation remains delicate. Losing support at $95,500 could signal a weakening of bullish momentum and open the door for a deeper correction. In that case, Bitcoin could retest lower demand zones, which might shake investor confidence and extend the current consolidation phase. Featured image from Dall-E, chart from TradingView

Bitcoin showed unpredictable price action yesterday, plummeting to a low of $89,100 before staging a rapid recovery to reclaim the $96,000 mark. This sharp move is often seen as a liquidity sweep orchestrated by market makers to clear out leveraged positions, a tactic that fuels short-term volatility but strengthens the market’s long-term structure. Related Reading: […]

Bitcoin is trading above $95,000 after a rollercoaster Monday that saw the market plunge and recover in rapid succession. The price dropped over 6%, setting a fresh low around $89,000, before staging a swift rebound that propelled it back to $96,000 within hours. The volatility underscores the heightened uncertainty in the market as BTC consolidates […]

The cryptocurrency market is facing a sharp downturn, with Bitcoin (BTC) hitting fresh lows of around $90,000 on the daily timeframe. This marks a critical moment for the market leader, as BTC hasn’t traded at this level since late November. The steep drop has fueled concerns among investors, particularly as market sentiment shifts toward caution […]

A classic Bitcoin price technical indicator suggests BTC’s price will peak within six months, while more downside could be expected in the short term.

Bitcoin is currently testing demand below the $95K mark, a crucial level that could provide the fuel needed for the next rally. While this consolidation phase has left many investors nervous about a potential deeper correction, some even speculating that BTC may have already peaked, key metrics paint a more optimistic picture. Related Reading: BTC […]

Bitcoin has shown resilience following its recent decline from the $102,000 mark, managing to hold above the crucial $92,000 support level. After days of bearish pressure, BTC is now pushing upward, offering a glimmer of optimism for investors eyeing a potential recovery. This rebound highlights the importance of the $92K zone as a strong demand […]

Bitcoin experienced significant selling pressure after successfully breaking above the $100K mark, a psychological milestone that had investors buzzing with optimism. However, the celebration was short-lived as BTC failed to hold this critical level, dropping as low as $92,500 in less than three days. This sharp downturn has reignited concerns about the market’s stability and Bitcoin’s ability to sustain its upward momentum. Related Reading: Ethereum Downswing To $2,900 Could Be A ‘Buy-The-Dip Opportunity’ – Analyst Expects Bullish Surge Axel Adler, a prominent CryptoQuant analyst, shared valuable insights into the recent market activity. He revealed that the largest deleveraging in the past week took place between January 6 and 7, when Bitcoin’s price fell from $102K to $100K due to liquidations. This wave of forced selling pushed prices lower, allowing bears to regain control and drive Bitcoin’s price down further to $92,500. The current market conditions have left investors questioning Bitcoin’s next move. Will it stabilize and find support to mount another rally, or will the bearish momentum lead to a deeper correction? With the market sentiment teetering between fear and cautious optimism, all eyes remain on Bitcoin as it navigates this critical phase.  Bitcoin Regains Ground After Aggressive Sell-Off Despite experiencing an aggressive drop that saw Bitcoin plummet to $92K, the cryptocurrency has managed to find key support at this critical level. In the past few hours, BTC has pushed above this threshold, climbing to $95K, offering a glimmer of hope for bullish investors. The ability to hold and rebound from this support level suggests potential resilience, but uncertainties remain. Prominent CryptoQuant analyst Axel Adler shared insightful data on X about the recent market dynamics. He noted that the largest deleveraging in the last week occurred between January 6 and 7, when Bitcoin’s price dropped from $102K to $100K due to a wave of liquidations. This liquidation event wiped out overleveraged positions and set the stage for bearish activity. Capitalizing on the chaos, bears opened shorts, further driving the price down to $92K. Despite the recent recovery, Adler warns that the current 9K BTC reduction in open interest (OI) doesn’t provide a definitive signal of pressure easing in the market. This leaves Bitcoin’s next move uncertain, with investors closely watching how the price action unfolds in the coming days. Related Reading: Expert Sets $1 Target For Dogecoin Once It Breaks A Multi-Year Trend – Details The recovery to $95K is a positive sign, but BTC must reclaim higher levels to confirm bullish momentum and stabilize the market. Until then, traders remain cautious as the potential for further volatility looms. BTC Holds Key Level: Bulls Eye Higher Ground Bitcoin is trading at $95,000, holding above a critical support level and sitting just 2% below its 4-hour 200 EMA at $96,200. The 200 MA, another significant indicator, lies 3% away, adding further importance to Bitcoin’s current position. These technical levels are pivotal for assessing short-term market momentum and potential bullish recovery. For bulls to reclaim the uptrend, the $95K level must hold as a foundation for further upward movement. A decisive push to reclaim the $98K and $100K levels is crucial. These price points serve as key resistance levels that, once surpassed, could set the stage for a robust leg up, paving the way for Bitcoin to revisit its all-time highs. Failing to hold above $95K could open the door to increased bearish pressure, potentially sending BTC into a deeper consolidation or even testing lower demand zones. However, holding the line at current levels and building momentum could restore investor confidence and create the conditions needed for a sustained rally. Related Reading: Solana Must Reclaim Momentum In The Coming Weeks – SOL/BTC Ratio At A Pivotal Point As Bitcoin consolidates, traders and analysts alike are closely monitoring these critical levels to gauge the cryptocurrency’s next move. A breakout above the $100K mark could reignite bullish sentiment and set a more defined direction for the market. Featured image from Dall-E, chart from TradingView