$BTC $BNB Next Move Either Reclaim US$110,000 or Risk S$95,000
⚠️ Bitcoin sits just above US$100,000, but it has broken its 100- and 200-day moving averages, ravaging them like a hot knife does butter. The signal is now clear: the Orange coin must reclaim $110,000 or risk a drop to approximately $95,000! At least according to analysts.
Context in a Nutshell
Bitcoin isn’t broken, but it is also not broken out. After being rejected at $116,000, BTC is now sitting on the edge of its support line. The next leg isn’t a question of if, but when, and what it does now may determine the next trend.
What You Should Know
Bitcoin is stuck consolidating just above the US$100,000 mark after a sharp rejection around US$116,000.
In the daily chart, $BTC has broken below both its 100-day and 200-day moving averages (US$110,000), signalling short-term momentum has shifted bearish.
The 4-hour timeframe shows a breakdown from a rising wedge pattern and a fragile hold at the US$100,000–US$101,000 support
block. Failure here could target the next support level near US$95,000.
Open interest has collapsed from above US$45 billion to under US$33 billion, indicating that the market has deleveraged and traders are stepping aside for now.
For bullish momentum to return, BTC must reclaim the US$108,000–US$110,000 zone and rebuild above the moving averages.
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