The price of Bitcoin $BTC points to a resistance of $90,000: Correction or bearish trap?🚨🚧
With the current price of $BTC combined with its historical resistance and expert forecasts, the overall outlook remains cautiously optimistic.
In the short term, investors should closely monitor the support level of $83,000 and the resistance threshold of $90,000, as these levels are likely to shape market sentiment.
Short-term outlook: Correction or bearish trap?
On Easter Sunday 2025, Bitcoin reached a price of $84,600, marking its highest level on this holiday in 17 years, according to a report from DocumentingBTC on X.
From $0 in 2009–2010 to $84,600 in 2025, Bitcoin has demonstrated unparalleled resilience and adoption over the years.
Bitcoin's dominance (BTC.D) has also reached a 4-year high. Despite this, experts remain divided on whether an altseason is on the horizon.
CryptoQuant's Head of Research, Julio Moreno, shared on X that Bitcoin's price resistance could range between $91,000 and $92,000, aligning with the realized on-chain price for traders.
According to the analysis, during a bull market (bull market score ≥ 60), this realized price often acts as support; in a bear market (bull market score ≤ 40), it serves as resistance.
The current market is still considered in the latter scenario.
Analyst Mark Cullen has expressed particular skepticism about the $83,000 level.
If Bitcoin falls below this threshold, the market could witness a stronger bearish reaction.
