Bitcoins $BTC is once again testing a critical resistance zone between $95,400 and $95,800—a level that has historically capped bullish momentum. This range remains heavily defended by sellers, creating a short-term ceiling. Yet, the macro structure stays bullish, marked by consistent higher lows and a strong ascending trendline still intact
Current Market Structure
Price is currently consolidating just below resistance, signaling a tug-of-war between bulls and bears. Although buyers have repeatedly pushed into this zone, a decisive breakout has yet to materialize. Momentum indicators suggest a temporary cool-off, pointing to a potential reset.
Key Support to Watch
On the flip side, the support range between $93,000 and $93,800—aligned with the broader uptrend line—remains a key demand zone. This area has previously sparked strong bullish rebounds and may again serve as a launchpad for the next leg up.
Scenarios to Consider
Bullish Case:
A healthy dip into the $93K–$93.8K region could clear out overextended long positions, setting the stage for a stronger move.
If bulls defend this level and the trendline holds, $BTC could rally back toward resistance—and this time, a clean breakout above $95,800 might unleash momentum toward $105,000+, triggering stop-loss runs and breakout buying.
Bearish Case:
Failure to hold the $93K support or the ascending trendline would invalidate the short-term bullish setup, potentially leading to a deeper pullback and delayingupside continuation.
Strategic Outlook
Smart money will likely avoid chasing price into resistance. Instead, a controlled pullback into support offers a better entry, with confirmation needed from price action near $93K and again on any retest of the $95.8K level.
Conclusion
Bitcoin appears poised for a short-term dip to rebalance liquidity—a move that could refresh bullish momentum. As long as the trendline holds, the case for a push toward $105K remains alive. Keep your eyes on key levels, and let the market come to you.
Trade Smart. Stay Safe
