Bitcoin’s Next Key Move: Will It Break $95,000 or Fall to $69,000?
- Bitcoin faces critical resistance near $95K to $100K.
- A break below $84K invalidates bullish sentiment and signals a drop.
- Support at $69K holds the key for Bitcoin’s next move.
The price of Bitcoin captivates at this moment, particularly as it looks determined towards a penultimate juncture. In one of the recent charts, the cryptocurrency has traced some serious resistance thresholds, especially around the $95,000 to $100,000 range. The most important resistance area is right above since Bitcoin is at the moment moving within a narrower range. In most views, a breakthrough at this level is likely to create a bull run in the market while pushing the asset closer to previous highs. There exists some significant risk due to its possible bull trap following which Bitcoin may undergo a more extensive correction because it could not break through the resistance.
Capo is back. He is calling for Bitcoin to 60-64K. 👀 https://t.co/pBa9bfbWAL pic.twitter.com/UIS5ySeJ1r
— Seth (@seth_fin) March 28, 2025
Price Predictions and Support Levels
The bullish move seems destined for an interesting turning point soon, with short-term price targets set toward $84,000 to $85,000. This area is critical for both bulls and bears because it will decide if this price action is being staged in a continuation upward or whether it has completely started into corrective mode.
The market has been active especially after Bitcoin had tested and bounced around the $90,000 level; it appears that the market will likely retest these resistance levels. Importantly, if Bitcoin continues failing to maintain the upside direction above those levels, to the contrary, all the charts predict a very huge drop down toward that very main support zone below $69,000.
The most primary support just above the $69,000 mark is a critical level of Bitcoin. A significant breakdown of this zone would open up the doors for to deeper corrections from this point this could take the price lower searching for more support.
The support zone has held for the last few months before Bitcoin managed to bounce back despite several close-run issues, gaining ground. But the longer Bitcoin trades below the $90,000 price level, the greater the probability is that we will witness a turnaround in price action. In fact, the present market sentiment is highly reliant on the interpretation of how these support and resistance levels are probed in the days to come.
Levels of Bull Trap and Invalidation
So, the primary factor for which the bulls wait is to determine the strength of their bull trap. Charts are said to be that a move towards the $95,000 to $100,000 range likely to trigger this trap if and then Bitcoin does not hold these price points and retraces back with a pullback. This is contradictory to when the price would initially jump to these highs but is quickly followed by a near-freefall back to invalidating the earlier documented bullish sentiment.
For trading purposes, some incorrect points are evident in these ranges, $84,000-$85,000. Below that, the sentiment would be severely altered, and a potential phase of correction toward lower support could follow, taking the Bitcoin price down to below $70,000.
It would really mean that if Bitcoin fails to develop firm support above $84,000, then there is a risk of a major correction before returning to the original support zone. Failing to hold onto these key price levels would probably ruin sending the broader bullish story off into a range top or indeed could even send bitcoin