Bitcoin’s recent pullback has sparked a fresh wave of selling across crypto markets, and the mood remains fragile as BTC trades below $90,000. With the market caught in a tight tug-of-war between bulls and bears, the next decisive move will hinge on two key price levels, according to on-chain analyst HAMED_AZ. What’s happening now - HAMED_AZ frames Bitcoin’s action as a corrective phase that started after the record high of $126,000. Since that peak, Bitcoin has shed more than $35,000 in value. - That correction has left BTC confined to a narrow range between roughly $84,000 and $94,000—both levels that have previously acted as important support and resistance. Why these levels matter - As long as price stays inside this band, large directional moves are unlikely. The market’s next major leg—whether up or down—will likely come only after a clear break of one of these boundaries. Bull case - If bulls can push through the resistance near $94,000 and confirm a breakout, HAMED_AZ expects Bitcoin to retest higher thresholds. - A confirmed break could see BTC climb past the psychological $100,000 mark, with a potential upside target around $108,000 before momentum stalls. Bear case - Conversely, if sellers force a breach below the $84,000 support—the swing low from the last downtrend—Bitcoin could accelerate lower. - In that scenario, the analyst warns of a possible slide toward about $72,000. Bottom line Watch the $84,000–$94,000 range closely: a sustained break in either direction will likely set the tone for the next significant move. Confirmation and follow-through—not just a single wick beyond these levels—will be key for traders to validate either the bullish or bearish scenario. Read more AI-generated news on: undefined/news

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