- Bitcoin is repeating past moves where price held support before surging higher.
- If momentum builds the price could push toward $110K soon.
- A break below support might change sentiment and slow Bitcoin’s rise.
Bitcoin is maintaining critical support near $95,612 as it rebounds from the trend-based dynamic support zone, according to analyst RickUntZ. The price structure aligns with previous impulsive moves, where BTC found support at similar levels before initiating significant uptrends. Historical patterns show that each time Bitcoin touched this area, a rally followed, suggesting another potential upside move if the trend remains intact. However, the market needs to accelerate soon for the bullish thesis to hold, as liquidity pressures and index movements continue to play a role.
Historical Support Zones Signal Strength
The chart highlights three key points where Bitcoin successfully held above the weighted moving average (WMA) and then surged higher. The first instance occurred in March 2023, followed by another in April 2024, and the latest bounce is happening in early 2025. Each of these moments preceded strong upward moves, reinforcing the argument that BTC could be in the early stages of another bullish cycle. With liquidity shifting and market structure holding firm, Bitcoin’s current price action mirrors these historical rebounds.
RickUntZ notes that low-timeframe (LFT) manipulation may well have exhausted its usefulness, meaning that Bitcoin must take action to confirm any bullish momentum. Should BTC not gain traction soon, an ensuing break in support would invalidate the present bullish case. Keeping liquidity at this level would determine whether or not Bitcoin is likely to continue higher or settle into a protracted period of consolidation. Meanwhile, BTC remains poised for a number of major resistance levels to be tested; hence, should momentum build further, a breakout may lead it anywhere within striking distance of the $110K zone.
Traders Watch for Confirmation
With past rebounds leading to significant price expansions, Bitcoin traders are closely monitoring this critical juncture. The next few days will be decisive in shaping BTC’s short-term trend. If historical patterns hold, Bitcoin could see another impulsive leg higher, but a failure to maintain support might shift sentiment. For now, all eyes remain on how Bitcoin reacts within this established range, as another leg up remains within reach.