TLDR Bitcoin price is holding a critical mid-$90K demand zone after a sharp correction. Rising trendline and price compression suggest re-accumulation, not distributionTLDR Bitcoin price is holding a critical mid-$90K demand zone after a sharp correction. Rising trendline and price compression suggest re-accumulation, not distribution

Bitcoin Price Poised for Breakout Move as Key Resistance Weakens

TLDR

  • Bitcoin price is holding a critical mid-$90K demand zone after a sharp correction.
  • Rising trendline and price compression suggest re-accumulation, not distribution.
  • Fractal patterns point to bullish continuation following controlled pullbacks.
  • Long-term cycle models project higher targets if all-time high resistance breaks.

Bitcoin (BTC) price is stabilizing after a sharp correction, with multiple analysts pointing to improving technical structure. Short-term charts show accumulation near key demand, while higher-timeframe studies highlight potential breakout continuation. Price targets discussed range from a retest of $98,000–$100,000 to longer-term cycle extensions if resistance gives way.

Bitcoin Price Consolidates Above Key Demand Zone

According to analyst Ted Pillows, Bitcoin price is consolidating above a critical horizontal demand zone in the mid–$90,000 range. This area previously acted as a major support-resistance flip and now serves as a decision point. Repeated defenses of this zone suggest sellers are losing downside momentum following the November–December correction.

ImageSOURCE: X

Additionally, the daily chart shows the development of an ascending trendline from December lows. Higher lows continue to form despite broader volatility. This compression between rising support and horizontal resistance resembles a re-accumulation structure rather than distribution.

Moreover, Ted’s projected path highlights a potential move toward the $98,000–$100,000 liquidity zone. This area aligns with psychological resistance and prior rejection levels. A decisive breakout and acceptance above range highs could accelerate momentum. Failure to hold the rising trendline would weaken the bullish structure.

Bitcoin Price Fractals Signal Continuation Phase

Meanwhile, analyst Javon Marks pointed out that Bitcoin price behavior mirrors historical bullish continuation patterns. The chart highlights recurring structures where price consolidates in downward-sloping channels before resolving higher. These formations have consistently preceded strong impulsive expansions within broader uptrends.

ImageSOURCE: X

In addition, the current consolidation closely resembles prior corrective pauses. Each previous phase resolved with increasing upside magnitude. This suggests the market is resetting momentum rather than forming a top. The analyst suggests the current action as structural preparation for another breakout.

Furthermore, this perspective emphasizes patience during controlled pullbacks. Rather than deep retracements, Bitcoin has historically attracted stronger demand during these phases. If this fractal analogy holds, the next breakout could push price beyond prior highs. The broader trend remains intact as long as higher-timeframe support holds.

Long-Term Cycle Targets Extend Above Resistance

On the other hand, according to analyst Gert van Lagen, Bitcoin price is approaching a critical point within a multi-year cycle. His high-timeframe chart focuses on breakouts from long-term resistance and rising channel structures. The projected $380,000–$500,000 zone represents a measured move of the macro pattern, not a near-term forecast.

ImageSOURCE: X

More so, the analysis highlights historical symmetry across previous cycles. Past bull markets showed prolonged consolidation below resistance before entering rapid price discovery. Once all-time high resistance was cleared, volatility expanded sharply and upside accelerated.

However, this framework also implies elevated risk during late-cycle phases. Rapid advances tend to be volatile and emotionally driven. Acceptance above all-time highs would confirm entry into a powerful expansion phase. Failure to break resistance would likely delay, rather than negate, the broader bullish thesis

The post Bitcoin Price Poised for Breakout Move as Key Resistance Weakens appeared first on CoinCentral.

Market Opportunity
Movement Logo
Movement Price(MOVE)
$0.03374
$0.03374$0.03374
-1.34%
USD
Movement (MOVE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ripple’s RLUSD Goes Live on Binance as XRPL Support Nears

Ripple’s RLUSD Goes Live on Binance as XRPL Support Nears

The post Ripple’s RLUSD Goes Live on Binance as XRPL Support Nears appeared on BitcoinEthereumNews.com. In the latest XRP News, Ripple shared that its RLUSD stablecoin
Share
BitcoinEthereumNews2026/01/21 19:13
Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council

The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift:  Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve.   Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Share
BitcoinEthereumNews2025/09/18 00:27
Solana Mobile Launches SKR Token for Seeker Users: How to Claim

Solana Mobile Launches SKR Token for Seeker Users: How to Claim

Solana Mobile has rolled out its new token, SKR, and it is now live with a fresh airdrop for Seeker phone users. The company confirmed the claim window opened on
Share
Coinstats2026/01/21 18:58