Bitcoin’s Next Move: Breakout Coming?

itcoin is holding strong at $92,100, despite a slight pullback of 2.41% in the last 24 hours. 

BTC Chart (Source Trading View)

But instead of signaling weakness, this dip might be the calm before a breakout storm. 

Here's why the next big move could be just around the corner.

Price Near Cycle High

Bitcoin is trading just under its recent cycle high of $94,470

This level has acted as resistance, but it’s being tested repeatedly, often a sign of weakening sellers. 

A clean breakout above this price could open the door for a rally toward $97,500 to $100,000.

Bullish Structure Still Intact

Despite short-term dips, Bitcoin continues to form higher lows. 

The broader trend remains bullish, supported by strong technical structure and rising demand. 

Since the cycle low at $74,530, BTC has shown steady strength.

Market Sentiment: Greed

The Fear & Greed Index sits at 63, placing the market in “Greed” territory. 

This reflects growing investor confidence, and historically, these levels often lead to high volatility, and potential gains when momentum aligns.

Volume Signals Interest

With a 24h trading volume of $70.69B, Bitcoin is seeing high levels of activity. Rising volume near resistance is often a precursor to a breakout.

If bulls can push through with volume support, the next leg up is likely.

Support Holding Strong

Immediate support lies at $90,000

If this level fails, the $87,800–$85,000 zone is expected to provide a safety net. 

Below that would suggest a deeper correction, but current sentiment and structure don’t point to that, yet.

Short-Term Prediction

All eyes are on $94.4K

A confirmed breakout above this level could quickly send Bitcoin flying toward $100K, a major psychological and technical milestone. 

After that, the next challenge would be retesting the all-time high of $109,079.

Conclusion: The Breakout Is Brewing

Bitcoin is in position. 

The trend is bullish. 

The sentiment is greedy. 

And resistance is within striking distance.

A move is coming. 

Whether it’s a clean breakout or a brief fakeout before liftoff, Bitcoin is about to remind the market who's in charge.

Stay ready. $100K could be closer than most think.

______________________________

Join my Telegram channel for daily high-quality

signals across 5 major categories:

1: Forex

2: Stocks

3: Crypto Spot

4: Crypto Futures

5: XAUUSD (Gold)

Whether you're a beginner or pro, you'll find clear, accurate signals to help grow your profits and boost your confidence.

Join now and be part of a growing community of serious traders!

👉 Link:  https://t.me/bwtinternational

Comments

Popular posts from this blog

Ethereum Heading Towards $4,000:

🚀 XRP Price Update – Is a Breakout Coming?

Why Is Bitcoin Going Up? BTC Hits $97K After Buy Signal