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Bitcoin Hits Critical $95K Resistance: What Traders Should Know About Next Moves
Bitcoin faces resistance near $95K; short setups target retracement zones around $ 86 K.
A strategic short setup is identified near $94K, with key targets between $90K–$ 86 K.
Long-term bullish structure remains intact despite short-term bearish retracement signals.
Bitcoin is trading in a high-stakes zone after tapping a major resistance level near $95,000. Market structure signals a tactical shift as price faces selling pressure, raising questions around potential short setups and deeper retracements.
Key Levels Under Pressure Following Rejection
Bitcoin’s sharp rally from $84,000 to over $94,000 triggered strong resistance just under the $96,000 level. The price pierced into a historical sell zone and quickly reversed, forming a rejection wick that signaled aggressive profit-taking. This reaction marked a key Point of Interest (POI) for short setups.
This shift in price structure led market analyst Crypto Patel to reassess tactical trade levels with precision. Leveraging Smart Money Concepts (SMC) and Inner Circle Trading (ICT) models, he mapped out a short setup focused on high-probability zones. His analysis identified a strategic entry range between $93,800 and $94,200, with a protective stop loss placed at $99,600, positioned just above the most recent structural high.
Source: Crypto Patel
This rejection follows a breakout from the $84,000 zone, where strong bullish momentum broke through prior resistance. The rally left behind two unfilled Fair Value Gaps (FVGs), signaling imbalance zones that often act as magnets for price retracement. Patel marked initial targets between $90,000 and $86,000, aligning with the FVGs around $89,000–$87,000 and $85,000–$83,000.
Evaluating key resistance flips, he finds the $95,000–$96,000 range as a decisive zone where liquidity was swept. The reaction confirms that sellers remain active, with short-term momentum shifting bearish until those FVGs are tested or price reclaims the short exit zone above $99,550. He emphasized that price volatility will likely increase as traders position for either a breakdown or a breakout past $100,000.
Long-Term Cycle Still Bullish, Says Bitcoinsensus
While the short-term setup appears bearish, the long-term structure remains firmly intact. Analyst Bitcoinsensus outlined Bitcoin’s macro staircase pattern, which spans back to the 2021 cycle. The weekly chart shows a consistent sequence of Higher Highs (HH) and Higher Lows (HL), maintaining the broader uptrend.
Source: Bitcoinsensus
This structure began after the 2022 bottom near $15,000, with price steadily climbing through key zones, $30K, $45K, $ 61 K. Each retracement confirmed support and produced a higher low, reinforcing trend continuation. The recent high above $109,000 keeps Bitcoin near the upper boundary of its ascending channel.
Looking at Fibonacci levels, he determines a potential cycle top near $170,000–$190,000. No breakout has occurred above the long-term channel, but price action continues to respect its structure. He concludes that while short-term corrections are healthy, the final leg of this macro cycle could still unfold before a peak is confirmed.
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