Current vibe – Bitcoin is hovering around $95,000 – $96,000, down ~1% on the day and still nursing a 6‑month low after the recent 25% pull‑back from the Oct‑all‑time high of $130k ¹ ².
– Key zones to watch
– Resistance: $98,000 (must be reclaimed for any bullish push) → $100,600‑$101,200 (buyer zone) → $107,000‑$107,500 (corrective high) ³ ⁴
– Support: $90,500 (critical floor) → $87,000 (next dip target) → $69,000‑$70,000 (deep correction zone) ³ ⁵
– Technical flavor
– Hidden bullish divergences on RSI, MACD & Stochastics hint at a possible short‑term rebound, but the market remains in a “no‑trade zone” until a clear breakout appears ³.
– Death cross looming on the daily chart signals momentum loss; combined with rising USDT dominance, it points to a risk‑off environment ³ ¹.
– Volume & whale activity: Over 50k BTC moved to exchanges last week, indicating heavy selling from whales ³.
– Catalyst calendar
– Wednesday: Fed Minutes (high volatility)
– Thursday/Friday: UK CPI, US retail sales, S&P PMI – can swing sentiment either way ⁶
– Scenario roadmap
– Bullish flip: Break & hold above $98k → target $100.6k‑$101.2k, then $107k.
– Bearish continuation: Slip under $90.5k → opens path to $87k, with downside extension toward $69k‑$70k ³ ⁵.
Bottom line: Bitcoin is stuck in a tight consolidation, with the market teetering on a knife‑edge. A decisive move on either side will dictate the week’s bias
