The $BTC /USDT weekly chart is painting an intriguing picture — one that blends recent correction, solid recovery, and strong undercurrents of bullish interest. After reaching a local high around $109,588, Bitcoin pulled back, finding its footing near the $78,500 region. But now, it's climbing again, hovering just over $95,000, and the price action suggests it's regaining strength.
This isn’t just noise. The bounce from recent lows is significant and steady, not impulsive or overly volatile — which often signals stronger hands buying in rather than just speculative pumps. Support around $78K held well, confirming it as a firm zone where buyers step in with confidence. Now BTC is approaching a key inflection zone between $95K and $100K. This is the battleground — if Bitcoin can break and sustain above $100K, it could challenge the previous high and march toward new all-time highs.
What really stands out here is the order book strength — buyers heavily outweigh sellers at the moment. Over 85% of the volume sits on the bid side, showing clear bullish dominance. Volume indicators confirm growing interest, and moving averages have stayed supportive, with price comfortably above the 5-week and 10-week averages.
Short-term, some chop could be expected as Bitcoin contends with resistance in the $95K–$100K range. However, the bigger picture remains optimistic. Momentum is shifting back in favor of the bulls, and if the market avoids any major macro shocks, the path of least resistance is upward.
In simpler terms: #bitcoin looks like it’s winding up for a major move. If it breaks above $100K convincingly, the next stop might be around $113K and potentially beyond. But even if it pauses for a breather, the overall trend remains healthy, and the king of crypto seems far from finished.
