Bitcoin Structure Tightens: One Break Above This Zone Could Ignite A Run To $107,000
Bitcoin finds itself at a critical crossroads, hovering between two major price zones that could define its next big move. Buyers and sellers are locked in a tight battle, and the market now waits for a decisive break. A...
Bitcoin finds itself at a critical crossroads, hovering between two major price zones that could define its next big move. Buyers and sellers are locked in a tight battle, and the market now waits for a decisive break. A push above key resistance could open the door to $107,000, while weakness at support risks a deeper slide toward $71,000.
Bounce Scenario: A Return Toward The Pink Box And Descending TrendlineKamile Uray, in her latest update on Bitcoin, noted that BTC failed to hold above the $90,720 level on the hourly chart, triggering the expected decline. The first immediate support now sits at $87,644, while the deeper support range lies between $83,822 and $82,477. If buyers defend this zone successfully, Bitcoin could attempt another climb toward the pink box region and retest the descending trendline overhead.
Uray explained that a sustained move above the pink box resistance on the daily timeframe would open the door for Bitcoin to challenge the descending blue trendline. A confirmed breakout from this area could strengthen bullish momentum, pushing the price toward the next major resistance levels at $98,200 and $107,500. A break above $107,500 alongside the descending trendline would serve as a strong signal that the broader uptrend is ready to continue.
However, she warned that a daily close below $82,477 would shift the market structure toward further weakness, placing Bitcoin at risk of revisiting lower levels. Even so, Uray highlighted one critical area of strength: the $74,496–$71,237 zone. This region represents the key breakout top from November 2024 and is considered a strong historical support. In this area, buyers may step in aggressively, potentially setting the stage for an upward reversal.
Bitcoin Price Rejection At $93,000–$95,000 ZoneAccording to Crypto Candy, Bitcoin’s latest price action has been unfolding precisely in line with expectations. After facing rejection in the $93,000–$95,000 resistance zone, BTC dipped sharply and nearly touched the anticipated support range at $86,000–$87,500. This move reflects the broader market’s reaction to heavy selling pressure near the upper resistance band.
Crypto Candy emphasized that the $86,000–$87,500 zone now serves as a crucial pivot area. If buyers successfully defend this support and the price stabilizes above it, Bitcoin could once again revisit the $93,000–$95,000 range, or even push beyond it.
Such a rebound would signal renewed bullish momentum and set the stage for another attempt at breaking higher resistance levels. However, the analyst also warned that failure to hold the $86,000–$87,500 support could trigger deeper downside movement. If the level gives way, Bitcoin may slide to lower price zones in the coming days as bearish pressure strengthens.
Original source
Read on NewsBTCRelated market context
Bitcoin (BTC) Price Prediction: BTC Eyes $70K Liquidity Sweep as Whales Reclaim Control Near $62K
Market data suggests that long-term holders remain largely inactive, while whale activity is beginning to recover, creating an int...
The 3-Part Impulse That Shows Where The XRP Price Is Headed Next
XRP bulls are trying to turn a brutal selloff into something bigger than a relief bounce. An interesting setup shows a possible th...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
Ethereum Price Prediction: 3 Million ETH Rushes Into Staking as Sellers Vanish
Is nobody leaving Ethereum? A record 36 million ETH is now locked in staking, roughly 29–30% of the circulating supply, and the va...
Most Traders Will Scroll Past This Grok AI Bitcoin Predicts, Big Mistake
Elon Musk Grok AI just looked at a Bitcoin chart down more than 50% and predicts it’s a classic accumulation zone, targeting $150,...
XRP aims for $0.90 as ETF demand battles selling pressure from whales
XRP is trading at $1.11, down roughly 17% from its June opening, having set a new 2026 low on June 5 and shed $8 billion in market...