Looking at the $BTC /USDT chart , Bitcoin is sitting at $94,875.53—a figure that captures attention not just because of its dollar value, but because of where it stands in the broader technical context. The weekly chart shows a clear bullish structure since December 2023, climbing from around $29,883 up to a recent peak at $109,588. After hitting that high, BTC pulled back and found some support just below $80K before beginning its current recovery.
What’s interesting now is how it’s recovering. The last few candles suggest bullish momentum is returning, with higher lows and decent buying pressure visible in the green volume bars. The price is attempting to break above the $95K resistance zone, which could act as a pivot. If it closes the week above $95,459 (the 24-hour high), this may confirm the start of a new leg upward.
Volume over the last 30 days is up 15.11%, and the yearly gain is a solid 50.52%, showing underlying strength. However, short-term pressure is slightly negative today and over the last 90 days, indicating this move isn’t without hesitation.
The price is hovering near the 5-week and 10-week moving averages, and a clean break above both would be another bullish signal. If that happens, BTC may aim again for the $109K zone and possibly test new highs above $113K. On the flip side, failure to push through this $95K range convincingly could lead to consolidation or a retest of the support zone near $78K.
In short: BTC looks poised for a bullish breakout, but it’s still in the “make-or-break” zone. Eyes should stay on whether it clears $95K with strong volume—if it does, the path to six figures opens back up.
