Bitcoin (BTC) Technical Outlook – Retesting Resistance While Holding a Higher-Low Structure

Bitcoin continues to trade within a short-term ascending structure, forming a series of higher lows after bouncing strongly from the $86,000–$88,000 demand zone. This area has repeatedly acted as a major support, and once again attracted buyers during the recent pullback.

After reclaiming the 0.236 Fibonacci level at $91,426, BTC pushed into a critical resistance region but has not yet been able to break above it convincingly.

BTC is currently facing a confluence of major resistance levels, including:

$95,000 psychological resistance

0.382 Fib near $98,070

50 EMA (orange) at $96,633

100 EMA (blue-green) at $101,969

200 EMA (dark blue) at $103,594

0.5 Fib at $103,439

This cluster forms one of the strongest overhead resistance zones on the chart.

As long as BTC stays above the ascending support trendline, bullish momentum remains intact, but a breakout above $95,000–$103,500 is required to confirm a reversal back into a mid-term bullish trend.

A successful breakout would open the door toward higher Fibonacci targets:

$108,809 (0.618 Fib)

$116,454 (0.786 Fib)

$126,193 (Fib 1.0 / major high)

On the downside, losing the trendline and breaking below the $86,000–$88,000 demand block would invalidate the current bullish structure and expose BTC to the $80,686 Fib zero level, which acted as a long-term macro support.

RSI currently sits around 49, indicating neutral momentum. A breakout above 55 would confirm increasing bullish strength.

📊 Key Levels

Resistance Zones

$91,426 (0.236 Fib – reclaimed)

$95,000 (psychological barrier)

$96,633 (50 EMA)

$98,070 (0.382 Fib)

$101,969 (100 EMA)

$103,439–$103,594 (0.5 Fib + 200 EMA confluence)

$108,809 (0.618 Fib)

$116,454 (0.786 Fib)

Support Zones

$86,000–$88,000 major demand zone

Ascending trendline support (current short-term structure)

$80,686 (Fib 0 – macro support)

📈 RSI

49.01 → Neutral; momentum could shift bullish if RSI breaks above 55.

📌 Summary

BTC is respecting its higher-low structure and holding above a major support zone, but it remains capped by heavy resistance between $95,000 and $103,500.
A decisive breakout above this zone would mark the beginning of a stronger bullish continuation, while failure to hold the ascending support risks a deeper correction toward $86K or even $80K.

$BTC