Bitcoin Price Alert: Key Support Levels Tested but Beware of this Price...
BTC Nears Critical Support Zone
After a series of declines, Bitcoin has reached a crucial support area, sparking renewed interest from traders. This zone is significant as it aligns with the 100-day moving average and a key psychological threshold around $95,000. If Bitcoin fails to hold above this level, it could trigger intensified selling pressure, potentially driving the price down toward the major $90,000 support.
However, if Bitcoin manages to bounce strongly from this region, it could signal the start of a recovery, with buyers aiming for a retest of the ascending channel’s midline near $100,000. Currently, Bitcoin is consolidating within a range of $90,000 to $108,000, and a breakout in either direction will likely set the tone for the next major trend.
Choppy Price Action Reflects Market Uncertainty
On shorter timeframes, Bitcoin’s price movements have been volatile yet directionless, reflecting a period of consolidation marked by low volatility. The cryptocurrency has been fluctuating within the $90,000–$108,000 range without establishing a clear trend, indicating uncertainty among market participants.
BTC/USDT 1-day chart - Bitget
The $90,000 level remains a critical demand zone, having provided strong support since late 2024. If buyers can defend this area, Bitcoin could see another upward push toward $108,000 in the coming weeks. On the flip side, a breakdown below this key level could open the door to deeper price corrections, invalidating the bullish outlook.
Bitcoin Price Prediction: What’s Next for Bitcoin?
Traders should exercise caution as Bitcoin remains trapped in this extended trading range. A decisive move above $108,000 could signal the start of a new bullish phase, while a drop below $92,000 might trigger a sharp market downturn, potentially leading to a broader crypto crash.
Until a clear breakout occurs, expect heightened volatility and stay alert for sudden price swings.
