Bitcoin Price Nears Breakout Zone as Bulls Target $100K Next

TLDR

• Bitcoin price is compressing below $95K resistance, signaling a potential breakout setup.
• Higher highs and rising volume suggest accumulation rather than distribution.
• Analysts highlight $92K as critical support holding the bullish structure intact.
• A confirmed move above $93K–$95K could open the path toward $100K.

Bitcoin (BTC) price is consolidating near a critical resistance zone after a steady multi-week advance. Recent chart studies indicate accumulation, resilient support, and improving momentum. Analysts highlighted defined levels that could shape the next directional move, with the $100,000 level emerging as a pivotal target.

Higher Highs Signal Accumulation as BTC Price Presses Key Resistance

According to analyst KillaXBT, the market has advanced in a controlled pattern from the high levels of $80,000 to the mid-$90,000. The structure shows higher lows and higher highs, supported by expanding volume on upward moves. A zone near the mid-$90,000 indicates accumulation, which suggests positioning ahead of a continuation.

SOURCE: X

Furthermore, upper wicks reflect intermittent supply, yet candle bodies close firmly. This behavior points to absorption rather than distribution. The analyst also noted round-number “magnetism” near $95,000, where liquidity often concentrates. The implication is that repeated tests could weaken resistance.

From a wider perspective, the setup mirrors post-halving consolidations seen in prior cycles. Holding above $92,000 remains central to the bullish case. If that level persists, the analyst expects follow-through toward psychological resistance. Most importantly, the market backdrop, including improving sentiment, supports a constructive outlook.

Ascending Trendline and Bullish Momentum Favor Continuation

Meanwhile, analyst CryptoTA_King focused on a 12-hour Bitcoin price chart structure that has respected an ascending trendline since September 2025. A late-December dip into that line produced a strong bounce, reinforcing its validity. The chart also shows a tightening wedge, often associated with directional resolution.

SOURCE: X

Momentum indicators add confirmation. The MACD has crossed bullish, with histogram expansion. RSI remains below overbought territory, suggesting room for continuation. CryptoTA_King identified $95,000 as a near-term ceiling, but noted that recent price action is coiling beneath it.

The analyst emphasized risk management around support. A retest near the trendline offers favorable risk-reward for long exposure. Also, a close above $93,000 is presented as confirmation, while seasonal strength in early-year trading could aid continuation. In this framework, the short-term upside of 20–30% remains plausible if Bitcoin price momentum holds.

Bitcoin Price Defends $92K Support

In addition, analyst Ted Pillows examined the daily structure, mapping multiple horizontal levels from April 2025 onward. Attempts to reclaim the $104,000–$106,000 area failed, leading to a pullback into lower supports. Crucially, price has continued to defend the $92,000 zone, with repeated bounces marked along a key support line.

SOURCE: X

The prior decline from November’s highs reflects some distribution. However, the absence of follow-through selling suggests buyers are active on dips. Volume has thinned on down moves, often signaling seller exhaustion. Ted also pointed to potential macro catalysts that could reintroduce risk capital.

Looking ahead, the analyst identified a durable floor between $87,000 and $90,000. Sustained acceptance above that band preserves the bullish structure. A recovery through $100,000 would be technically significant, potentially reopening the path toward prior resistance. Until then, range management remains the operative strategy.

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