#密码资产动态追踪 BTC surges to 95000 and hits a hard wall

1.14 Midday Outlook

The current trend is still operating below the upper Bollinger Band, and the 95000 level has become a key hurdle. The day before yesterday, it surged higher and then retraced, but there’s no big issue; the bulls still dominate this rhythm.

Looking back to January 11, the price found support at 91000, and since then, it hasn't really stopped, continuously climbing. On the 13th, the momentum was even stronger, directly breaking through the previous resistance zone of consolidation. Although there was some retracement afterward, the critical support held, indicating that buyers remain very determined.

The only question now is—can it hold above 95000? If the price can stabilize here or find support between 94500 and 95000, the upward potential will open up. There’s a possibility to continue pushing toward the upper Bollinger Band (95932.5) and the previous high of 96863.7. Once these levels are broken, the next target zone will be between 97000 and 98000.

Overall, the current structure remains bullish, and it all depends on whether 95000 can be broken.