Skip to main content

Bitcoin Market Analysis – Key Resistance Levels and Short-Term Outlook

Bitcoin (BTC) is currently trading around $103,150, attempting to push above the 50-period Exponential Moving Average (EMA50) on the 4-hour chart

BTC Chart (Source TradingView)
However, this EMA continues to act as a dynamic resistance level, capping any meaningful upward momentum for now. The battle around this zone reflects the ongoing tug-of-war between bulls trying to regain control and bears looking to maintain selling pressure.

From a technical perspective, the Relative Strength Index (RSI) on the 4-hour timeframe remains in a neutral zone, suggesting that neither buying nor selling pressure is dominant at the moment. Meanwhile, the MACD indicator is beginning to form a positive crossover, hinting at a potential shift in short-term momentum toward the upside. If the bullish signal on the MACD gains strength, we could see renewed buying interest pushing prices higher in the coming sessions.

The immediate challenge for Bitcoin lies at the $107,500 resistance level, which has repeatedly triggered strong sell-offs during recent recovery attempts. A clean break and sustained move above this zone would be an early sign of strength, opening the door for a retest of the next major resistance near $109,000. This level represents a crucial breakout point—if BTC manages to close decisively above $109K, it could trigger a bullish continuation toward the $115,000 region, where the next significant supply zone awaits.

On the flip side, failure to overcome $107,500 or $109,000 could invite renewed selling pressure. Another rejection from either level would likely result in a correction toward the $98,000–$95,000 range, where previous demand zones could once again provide support. These areas would be key to watch for potential buying interest if the market retraces.

In summary, Bitcoin’s short-term outlook remains cautiously bullish as long as it holds above $100K, but the real test lies ahead. A breakout above $109,000 could reignite momentum toward $115,000, while another rejection from resistance may extend the current consolidation or trigger a deeper pullback. Traders should watch price action closely around EMA50 and $107,500, as these levels will determine BTC’s next major move.

___________________________________________________________________________________

Get Daily Crypto Updates & Trade Signals!

 Join our free Telegram channels for:

Market updates

Spot & Futures signals

Join now: 👇

Telegram:

https://t.me/bwtinternational


Comments

Popular post

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

Bitcoin (BTC) is going up, reaching $97,000 on January 14, 2025. It dropped below $90,000 on Monday, which worried some people. The price is rising because of a strong buy signal at $92,000. Experts think Bitcoin could reach $103,000 or even its highest price of $108,000 soon. Could Bitcoin reach $1 million? Some say it’s possible, but others think it will stay lower in 2025. 

Ethereum Heading Towards $4,000:

Big Potential Ahead! Ethereum is close to hitting $4,000, following a strong rising trend. Experts believe that if ETH breaks its past high of $4,500, it could reach $5,000–$5,500 in the next bull run. Some even predict ETH could hit $6,000–$7,000 if it continues to rise. Hold tight—big gains could be coming!

🚀 XRP Price Update – Is a Breakout Coming?

XRP is trading at $2.81, up 1.89% in the last 24 hours.  With strong resistance at $3.00,  a breakout could push XRP toward $3.20 or its ATH $3.38+! Key levels to watch: 🔹 Resistance : $3.00 - $3.20 (Break = 🚀) 🔹 Support : $2.50 - $2.20 (Pullback zone) 🔹 Sentiment : Bullish, but Fear & Greed Index at 50 (Neutral) A breakout above resistance will confirm further upside momentum.