Critical level $95K: why are traders now closely watching Bitcoin?

The past weeks have brought Bitcoin to the brink of a major change. As the price approached the $93.11K (current data) mark, technical signals became more pronounced. Analysts see a breakout above the key descending trendline not as a hypothesis but as a real scenario that could push BTC to the psychologically significant level of $95 000. Let’s analyze what exactly forms this optimistic forecast and why $95K it has become the focus of traders’ attention.

What has changed in the market in recent days?

The key catalyst was the unwinding of derivative-related pressure. About $24 billion in options recently expired, removing a significant “hedge veil” over the market. This veil is a phenomenon where large hedging positions artificially keep spot prices from rising rapidly.

The accounts take from here: when such pressure disappears, the market gains the opportunity to revalue Bitcoin more fairly. Traders note that these periods often precede significant price movements.

Technical picture: what does the path to $95K look like?

On the daily chart, Bitcoin is forming a clear pattern that has attracted the analytical community’s attention. The price is currently testing a critical two-month resistance line — a geometric structure connecting a sequence of lower highs since October. This is not an ordinary support level; it is a clearly defined boundary separating two trading regimes.

How it works:

• A daily close above this line with significant trading volume will be a signal of a breakthrough
• The first target level after such a breakout is calculated at the $95 000 mark
• The distance from the current price ($93.11K) to the target level is about $1.89K, which is quite achievable for BTC in favorable conditions

Interestingly, experts see $95K not as an end goal but as a springboard. Successfully consolidating above this level significantly increases the likelihood of moving toward $100 000 in the coming weeks.

Why now?

When analyst Michaël van de Poppe looks at the overall picture, he sees a crypto market that has been sufficiently consolidated. This period of silence often precedes explosive moves. Additionally, the macroeconomic environment has begun to stabilize; decisions on interest rates are having less impact on the volatility of traditional assets, freeing up space for crypto.

The veil from derivatives, which we discussed, no longer stands in the way. The emotional readiness of many participants to go long has also increased. This is a convergence of non-trivial factors.

Frequently asked questions by traders

What is the probability of a genuine breakout?
The technical configuration looks convincing, but there are no guarantees. Confirmation on higher volumes will be key.

What to do if Bitcoin does not break the resistance line?
A rejection would mean a return to the previous trading range, likely delaying the bullish scenario by 2-3 weeks.

Is it advisable to open a position right now?
A more conservative tactic is to wait for confirmation of the breakout on the daily close, then enter. A more aggressive approach is to position oneself just before the resistance level.

What is the next target after $95K?
Analysts consider $100K as a logical next target if $95K it is confidently held for several days.

Practical recommendations for observers

For active traders: monitor the daily chart, look for a close above the descending line with significant volume. Set a stop-loss below the previous local minimum.

For positional investors: this analysis confirms that the long-term outlook remains favorable. Short-term fluctuations are normal. The $95K level serves as an interesting control point for tracking a positive breakout.

Overall advice: don’t chase the price. Wait until the market shows its true intention.

Conclusion: what to expect in the coming days?

Bitcoin stands at a pivotal moment. The trajectory not only for the months ahead but also for the entire first quarter of 2026 depends on a breakout above the descending trendline this week.

$95K — is not just a number. It is the result of technical analysis, study of market microstructure, and understanding how derivative veil influenced price movement. When this veil disappears and the price approaches a key resistance level, analysts see one of the most convincing bullish configurations in recent months.

The market is waiting — the determination remains with the price and trading volume.