Analysts tracking U.S. spot Bitcoin ETFs and global on-chain metrics note that BTC’s key levels near $94,500–$95,000 are critical. Historical bull patterns, combined with current liquidity and institutional participation, suggest a setup for upward movement, though volatility remains a factor.
Using a combination of on-chain data and price chart analysis, DeFiTracer, an on-chain analyst specializing in cryptocurrency market structure, identified a repeating bull pattern dating back to previous BTC cycles (2018 and 2021–2022). The pattern is characterized by:
A weekly BTC/USD chart signals a potential breakout near $95,000, though volatility and macro factors may impact the move, says on-chain analyst DeFiTracer. Source: ᴛʀᴀᴄᴇʀ via X
According to DeFiTracer, these conditions historically preceded rallies of 10–15% in BTC price within weeks, suggesting that a move toward $98,000–$102,000 is plausible if support holds. However, analysts caution that a failure to maintain this support could trigger consolidation or pullbacks, emphasizing the importance of monitoring daily closes.
BTC’s price has hovered around $95,000 for several weeks, repeatedly testing resistance without a decisive breakout. Traders and analysts refer to this range as a “liquidity zone,” where:
The chart indicates a potential long setup, supported by a 4-hour bullish liquidity sweep, a 1-hour bearish imbalance inversion, and seller absorption with long liquidations. Source: focusprofit on TradingView
Brave New Coin reports that if BTC sustains above the $95K–$99K range with accompanying volume, an advance toward $107,000 or higher is possible. Conversely, falling below $94,500 could invalidate short-term bullish assumptions, highlighting a key downside risk. Declining volume during minor pullbacks is being interpreted as temporary profit-taking rather than distribution, a nuance critical to understanding BTC’s short-term health.
ETF inflows and on-chain activity offer measurable support for bullish forecasts. According to ETF.com and Bloomberg Intelligence:
Analysts emphasize that these metrics reflect real market participation, not speculation, which adds a layer of reliability to the bullish case.
Historical BTC cycles indicate that years with mid-cycle pullbacks often precede strong rebounds. This pattern informs long-term models, including:
Bitcoin hovers near $94,800 Fibonacci support; holding could push it toward $98,000, while a break risks a drop to $90,500–$89,500. Source: Sensible_Trader on TradingView
Caution remains critical: volatility, macroeconomic shifts, and regulatory developments can alter trajectories. Mainstream analysts note that BTC forecasts vary, and understanding uncertainty is essential for informed trading.
To provide readers with actionable insight, analysts highlight specific confirmation and risk signals:
Bitcoin (BTC) is undergoing a bullish retest, with $94,555 as a key support level for a potential move toward $100,000. Source: Ali Martinez via X
Bullish Confirmation Signals:
Downside Risks/Invalidation Levels:
For the coming week, BTC traders are monitoring:
Bitcoin was trading at around $95,249.47, down 0.01% in the last 24 hours at press time. Source: Bitcoin price via Brave New Coin
If these indicators align, analysts suggest that Bitcoin could break toward $100,000. Failure to confirm may lead to consolidation, underlining the importance of disciplined risk management and attention to verified market data.


