{"id":5637,"date":"2025-05-06T11:10:04","date_gmt":"2025-05-06T10:10:04","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=5637"},"modified":"2025-05-06T11:10:05","modified_gmt":"2025-05-06T10:10:05","slug":"bitcoin-price-forecast-100k-or-86k-btc","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-price-forecast-100k-or-86k-btc\/","title":{"rendered":"Bitcoin Price Forecast : $100K Breakout or $86K Crash Ahead ?"},"content":{"rendered":"\n
For several weeks, Bitcoin<\/a><\/strong> had been steadily climbing, driven by a generally bullish sentiment in the markets. However, since this weekend, this momentum seems to be waning<\/strong> as the price tests a well-defined resistance \u2014 a technical limit structured by both a historical trend channel and significant volumes traded at this level.<\/p>\n\n\n For investors and traders, understanding these technical resistances<\/strong> is essential to anticipate trend reversals, especially in such a volatile market as cryptocurrencies<\/a>.<\/p>\n\n\n\n Technical analysis of Bitcoin<\/a> reveals three major factors shaping a short-term reversal dynamic:<\/p>\n\n\n\n If the $91,600<\/strong> support breaks with sufficient volume, the scenario of a correction down to $86,000<\/strong> becomes plausible. This would correspond to a natural retracement after a swift rise, leaving little technical support below.<\/p>\n\n\n\n In essence, the market could trigger a wave of stop-loss liquidations<\/strong>, initiating a deeper corrective move.<\/p>\n\n\n\n
<\/figure>\n<\/div>\n\n\nThree Technical Signals Questioning Further Upside<\/h3>\n\n\n\n
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Since late 2024, BTC has been moving within an ascending channel. The recent price rejection right at the upper level of this channel is a classic signal of a ceiling. Such configurations often act as natural reversal points in chart analyses.<\/li>\n\n\n\n
<\/strong>The “Point of Control” (red line on the chart) \u2014 the price level with the most traded<\/a> volumes over a given period \u2014 is currently acting as a barrier. This level, derived from a range seen in November 2024, attracts selling orders and becomes a battleground between bulls and bears.
In the French context, it equates to a classic psychological resistance on regulated markets, similar to moving averages on CAC 40 stocks.<\/li>\n\n\n\n
<\/strong>A Shark harmonic pattern has just been activated in the current resistance zone. These patterns, widely used by seasoned technical analysts, rely on Fibonacci relationships to anticipate trend reversals. A bearish confirmation would occur upon breaking the support at $91,648<\/strong>, a level that is still holding (for now).<\/li>\n<\/ol>\n\n\n\nBearish Target for Bitcoin : Are $86,000 in Sight ?<\/h2>\n\n\n\n