Bitcoin is balancing right at a key decision area after weeks of choppy movement. Price is sitting on the lower boundary of the ascending channel that has carried BTC through most of 2024–2025. That structure is still intact, but pressure is building.

On the daily timeframe, BTC is trading around $103K, with price repeatedly dipping into the $100K–$105K demand region. This zone has acted as a base for months, and buyers continue to respond every time price tests it.

However, momentum isn’t cleanly bullish anymore BTC is stuck between declining moving averages and failing to break back above $108K. Until bulls reclaim that range, every bounce is still just a reaction, not a confirmed continuation.

Immediate resistance sits at:

  • $105K

  • $108K

  • $110K / $112K

Immediate support sits at:

  • $103K

  • $100K

  • $95K

  • $90K

A clean break under $103K would put BTC back inside the lower half of the range and open a slide into the mid-$90Ks. Meanwhile, a reclaim of $108K–$112K would flip momentum back in favor of bulls and likely send price back toward $119K–$123K.

Weekly Chart View

The weekly structure remains bullish overall, BTC is still trending above its long-term moving averages, and the channel from 2023 is holding. As long as price stays above the $100K handle, the broader uptrend remains intact.

Weekly resistance zones still cap upside momentum at:

  • $119K, $123K, $126K

Mid-range weekly support sits at:

  • $101K–$103K

  • $82K–$90K (major demand zone below)

Bigger picture: BTC is correcting within an uptrend. It only turns problematic if weekly candles start closing below $100K.

My Takeaway

BTC is at a major technical pivot. Holding $103K keeps the trend healthy; losing it brings $100K and the mid-$90Ks back into play. Bulls need $108K–$112K reclaimed to regain momentum. Until then, expect choppy, reactive price action classic BTC mid-cycle behavior.

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