BTC is currently trading around $95.5K, having successfully broken through previous resistance and now establishing it as fresh support. This flip from resistance to support is a classic bullish signal that traders are closely monitoring.
The key support zone sitting between $93.5K and $94K is proving to be a critical holding point. If Bitcoin maintains this level, the bull case remains intact. Above here, we're looking at higher resistance targets—first comes $106.4K, followed by the all-time high zone near $115.5K.
Keeping that lower support solid is essential for the uptrend to continue. A breakdown would shift the narrative, but for now, the structure suggests strength.
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SignatureVerifier
· 01-17 17:30
ngl the $93.5-94k zone requires further validation before i'd call this "strength"... seen too many false breakouts get audited by reality tbh
Reply0
LiquidityHunter
· 01-16 19:56
95.5K broke support directly? This move is quite aggressive.
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DegenWhisperer
· 01-16 19:55
95.5K hold steady and keep climbing, or else we'll have to go back to 93.5K to find support.
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BrokeBeans
· 01-16 19:45
95.5K breaking the resistance level becomes the new support. I'm very familiar with this pattern... The key is to hold the 93.5-94K range; otherwise, the story changes.
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SpeakWithHatOn
· 01-16 19:41
95.5K has broken below, are we really going to push to 106.4K? I have some doubts.
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RektHunter
· 01-16 19:36
95.5K has broken below. Now we must strictly defend the 93.5-94K level. Once it falls below, the game changes.
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AirdropDreamer
· 01-16 19:31
95.5K has broken below, feels a bit uncertain this round
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TheMemefather
· 01-16 19:26
95.5k has broken support. Are we really going to push to 115.5 this time? Feels like just talk again.
Bitcoin Price Levels to Watch Right Now
BTC is currently trading around $95.5K, having successfully broken through previous resistance and now establishing it as fresh support. This flip from resistance to support is a classic bullish signal that traders are closely monitoring.
The key support zone sitting between $93.5K and $94K is proving to be a critical holding point. If Bitcoin maintains this level, the bull case remains intact. Above here, we're looking at higher resistance targets—first comes $106.4K, followed by the all-time high zone near $115.5K.
Keeping that lower support solid is essential for the uptrend to continue. A breakdown would shift the narrative, but for now, the structure suggests strength.