#CryptoRally Bitcoin (BTC) is at a critical juncture as it nears the $95,000 liquidity zone, a pivotal level that could determine its next major rally or corrective move.
Trading near $92,640 with a 1.79% daily gain and over $84 billion in 24-hour trading volume, Bitcoin’s price action is attracting heightened attention from both retail and institutional investors. Market participants are closely monitoring technical indicators and liquidity clusters to gauge whether $BTC can reclaim resistance levels and sustain momentum.
Resistance Test Signals Potential Upside
According to market analyst Ted (@TedPillows), a crypto market strategist with over 10 years of trading experience, Bitcoin recently tested the $93,000–$94,000 resistance zone, a historical pivot for price movements. Ted noted, “A reclaim of the $93,000–$94,000 zone will push Bitcoin towards $100,000. If Bitcoin gets rejected, it could drop toward the $88,000–$89,000 level.”
Resistance Test Signals Potential Upside
Bitcoin nears a critical $93K–$94K resistance, with a breakout targeting $100K or a rejection risking a drop to $88K–$89K. Source: @TedPillows via X
This resistance test was partly driven by short squeezes, a temporary spike in buying activity when traders are forced to cover short positions, rather than sustained spot demand. Traders are monitoring this zone closely, as a strong reclaim with high trading volume could trigger a broader rally.
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Liquidity Clusters and Market Sentiment
According to TradingView analyst crypto_vulture_signals, Bitcoin is approaching a crucial liquidity cluster around $95,000, which previously acted as a support level. The analyst explained, “A clean breakout above this level can open the gates toward the $99,000 resistance zone. If momentum continues, price may extend toward broader upside liquidity near $107,000.”
Whale Activity: Verified vs. Speculative
Recent discussions on social media suggested that a Satoshi-era whale purchased 33,000 BTC after 15 years of dormancy. Verified vs. Speculative
