Bitcoin is trading near the mid-$90K zone (~$95K) as the market holds key support and runs into resistance pressure. Current price action shows range-bound behavior with buyers defending major levels while sellers cap upside near higher resistance.
Market context:
• $BTC is holding above crucial psychological levels and showing consolidation after recent volatility.
• Analysts highlight a possible bottom formation around support zones, with macro headwinds still in play.
• A breakout above short-term resistance could ease the path toward new bullish reevaluation levels.
Key Levels to Watch:
🔹 Support: ~93K – critical buyers zone
🔹 Resistance: ~98K–100K supply zone
🔹 Pivot: mid-range bounce between support & resistance
Sentiment: $BTC remains in a wait-and-watch phase — consolidating rather than trending strong — so traders are looking for a decisive breakout or breakdown to confirm the next major move.