The post Bitcoin Price Prediction for This Week: Support, Resistance, and What’s Next appeared first on Coinpedia Fintech News
Bitcoin is moving slowly this weekend, but important price levels are starting to take shape. After breaking higher on Saturday, the price has paused, showing a steady market mood. While there has not been a major rally yet, the overall setup shows that Bitcoin is still holding strength.
Bitcoin Holds Support Near $90,400
The most watched level right now is around $90,400. This price previously acted as resistance and has now turned into support. Bitcoin reacting positively to this area is a healthy sign for the market.
As long as BTC stays above this level, buyers appear to remain in control. A strong hold here could help Bitcoin build momentum for another push higher in the coming days.
What Happens If Bitcoin Pulls Back?
If Bitcoin fails to stay above $90,400, the next support zone sits near $89,400. This level has already played an important role in recent price action and could attract buyers if the market dips.
A move below this area would not signal a major breakdown, but it could slow the current recovery and keep Bitcoin trading sideways for longer.
Resistance Levels Still Ahead
On the upside, Bitcoin faces resistance between $92,800 and $93,000. This area stopped previous rallies and could once again test buyer strength. A clear move above this range would improve short-term confidence in the market.
If momentum increases, some analysts believe Bitcoin could move toward the $97,000 to $98,000 range. However, this would likely require stronger trading activity and broader support from the crypto market.
Market Outlook Remains Positive
Bitcoin is rising at a slower pace compared to some altcoins, which have seen sharper gains recently. This shows the market is calm rather than overheated and is not showing signs of weakness.
For now, Bitcoin remains stable, supported by strong price zones. As long as these levels hold, the path forward continues to lean slightly bullish.
Source: https://coinpedia.org/news/bitcoin-price-prediction-for-this-week-support-resistance-and-whats-next/
