Current Bitcoin Status $BTC Test of Key Resistance Zone
Bitcoin is now in a highly sensitive phase, testing a critical resistance area that will determine the market's next direction.
Key Resistance Range:
95,700 – 106,800 USD
This is not just a single level, but an extended range containing several strong resistance barriers, and every move within it must be handled with caution.
Possible Scenarios
Bitcoin faces two main possibilities:
1. Forming a lower high followed by a reversal downward
2. Breaking the historical 4-year cycle pattern and opening the way for a new all-time high
Technical Indicators Analysis
• Momentum indicators on medium to large timeframes (3 days – weekly) suggest a continued upward movement is likely
• On the other hand, net liquidity inflow remains weak, reflecting a lack of strong interest from major capital
Most importantly right now, any upward move cannot sustain without positive and increasing liquidity inflow. Momentum alone is not enough; if capital does not enter strongly, any rally will remain fragile and vulnerable to failure.
Will liquidity start flowing in strongly and clearly?
Or will the market remain weak in participation?
The answer to this question will determine Bitcoin's next path, and thus the direction of the entire cryptocurrency market.
