Bitcoin maintains temporary uncertainty since investors and analysts cannot agree on its next price movement. Experts in the market remain split between expecting fresh peak highs or more selling below specific prices. During the last twelve days Bitcoin price has stayed restricted in a tight range above $94,000 but below $100,000.
CryptoQuant shows the nearest support area for Bitcoin trading between $91,000 and $95,000. The zone where BTC price finds support is shown through the 111-day simple moving average at $95,000 and the Short-Term Holder Realized Price standing at $91,000. BTC stands above established market zones where sellers with short-term positions had previous profit or loss-related transactions.
The nearest support zone for BTC is forming around $91K–$95K, where the 111-day moving average (SMA 111D at $95K) converges with the price at which short-term holders (STH) have realized their profits or losses (STH Realized Price at $91K).
The key resistance area is at… pic.twitter.com/OQytjK60Dh
— Axel 💎🙌 Adler Jr (@AxelAdlerJr) February 18, 2025
Despite a favorable market outlook investors feel frustrated because Bitcoin needs to surpass important resistance levels. Market experts predict Bitcoin will proceed toward discovering its highest possible value once it breaches $100K. When market support drops between $94,000 and $95,000 it tends to influence more sellers to enter the market and push Bitcoin back into lower trading ranges.
Bitcoin’s Consolidation Hints at Imminent Breakout or Drop
Bitcoins current period of consolidation leads analysts to predict a strong movement ahead with many speculating that this movement must happen soon. Market participants have diverse opinions because data proves strong buying activity at these levels while economic influences may push Bitcoin down.
A review of existing information indicates that large Bitcoin holders (whales) are adding to their inventory which traditionally leads to price increase. Several financial companies require more Bitcoin as they grow their holdings through exchange-traded products. Market forces and positive signals create long-term optimism about Bitcoin even during moments of market instability.
When Bitcoin fails to exceed $100K resistance level technical analysts expect prolonged waiting periods or lower prices ahead. Bitcoin needs to stay strong between $91K and $95K support levels because any breakdown would increase selling pressure through market liquidations.
Market participants watch these crucial price points because Bitcoin’s next decisive shift will guide future market momentum. The market waits patiently for strong signals that show whether Bitcoin will move up to new records or face a renewed period of decline.
This news is republished from another source. You can check the original article here
