$BTC recently retested the ~$99,000 support zone and rebounded, showing that this level remains important for buyers.
The Economic Times
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ZebPay
+2
On the upside, key resistance lies in the ~$107,000–$116,000 area.
ZebPay
+2
Coin Edition
+2
📉 Technical Outlook
Support levels:
~$100,000 appears to be a psychological and technical floor.
ZebPay
+1
A break below ~$98,900–$99,000 could open the door to ~90,000–95,000 zone.
ZebPay
Resistance levels:
To gain renewed upside momentum, BTC needs to break and hold above ~$107,000.
ZebPay
+1
Further targets in the bullish scenario are ~$116,000 and beyond, perhaps up toward ~$120,000+.
LiteFinance
+1
Indicators & sentiment:
The Relative Strength Index (RSI) is in neutral territory—not overbought, not deeply oversold.
LiteFinance
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Many technical models currently show a mix of bullish potential and risk of further correction.
CoinCodex
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Overall sentiment: cautious. There’s fear of failing support but also upside if momentum returns.
MarketWatch
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🎯 Possible Scenarios
Bullish Case: If Bitcoin holds above ~$100,000 support and breaks above ~$107,000–$110,000 resistance, we could see a move toward ~$120,000–$134,000 by year-end. Some targets suggest ~$138,000.
Blockchain News
Bearish Case: If BTC loses the ~$99,000 support decisively, then the next meaningful support zone might lie around ~$90,000–$95,000.
MarketWatch
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