The market is not ready for a confident continuation of growth.
Over the last two weeks, Bitcoin reached the minimum recovery target at $98,000, but failed to properly hold above the key level. Because of this, the local market structure has started to weaken.
The recent upward move looked more like a bounce, not a true trend reversal. The structure was uneven, the move was too sharp, and the market failed to protect the important support level.
This increases the risk of another dip to clear liquidity below current prices — an unpleasant but realistic scenario.
🎯 What to watch next
Two key outcomes to monitor:
🟠 Bullish scenario
Price returns above $93,000 and holds — this opens the path toward $100k+.
🟠 Bearish scenario
If buyers don’t show strong reaction here, the market may make another leg down before a proper recovery can begin.
The market has stretched the consolidation phase, but the resolution is close. Once a new mid-term trend forms, trading will become much more comfortable.
