The post Bitcoin Traders Have These BTC Price Levels in Mind at $92K appeared on BitcoinEthereumNews.com. Bitcoin (BTC) analysis has mapped out key BTC price levels to watch going into the weekend, with a focus on the yearly open above $93,000. Key takeaways: Key Bitcoin price levels above and below the spot price are here as BTC is about to close the week. The weekly close makes reclaiming $93,000 all the more important to confirm the recovery. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Onchain data reveals key levels to watch Bitcoin may have delivered an impressive bounce from $84,000 to start the week, but the bullish sentiment was dampened by supplier congestion from the yearly open around  $93,000.  Data from CryptoQuant shows that the BTC/USD pair is trading below the average realized price (cost basis) of most age groups, signalling instability, according to CryptoQuant analyst Darkfost.  Related: Bitcoin unlikely to replicate January’s surge to new high: 21Shares founder “The first area we want Bitcoin to reclaim is the realized price of the youngest LTH band,” Darfost said in an X post on Friday, referring to the cost basis of six to 12-month-old BTC holders around $97,000. “This level marks the transition between STH and LTH,” the analyst wrote, adding: “Breaking above it would put those investors back into a comfortable position, restoring their expectations of potential gains and encouraging them to keep holding rather than selling, which will bring some stability.” Bitcoin: Realized price, UTXO age bands. Source: CryptoQuant Failure to close above $97,000 would mean “caution remains necessary,” Darkfost added.  On the downside, the first major support sits at $88,000, representing the lower range of BTC’s price action on higher time frames, according to analyst Daan Crypto Trades.  $BTC Has retaken the previous range with this bounce. Still a lot of work to do but at least the insane selling has stalled for the time being.… The post Bitcoin Traders Have These BTC Price Levels in Mind at $92K appeared on BitcoinEthereumNews.com. Bitcoin (BTC) analysis has mapped out key BTC price levels to watch going into the weekend, with a focus on the yearly open above $93,000. Key takeaways: Key Bitcoin price levels above and below the spot price are here as BTC is about to close the week. The weekly close makes reclaiming $93,000 all the more important to confirm the recovery. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Onchain data reveals key levels to watch Bitcoin may have delivered an impressive bounce from $84,000 to start the week, but the bullish sentiment was dampened by supplier congestion from the yearly open around  $93,000.  Data from CryptoQuant shows that the BTC/USD pair is trading below the average realized price (cost basis) of most age groups, signalling instability, according to CryptoQuant analyst Darkfost.  Related: Bitcoin unlikely to replicate January’s surge to new high: 21Shares founder “The first area we want Bitcoin to reclaim is the realized price of the youngest LTH band,” Darfost said in an X post on Friday, referring to the cost basis of six to 12-month-old BTC holders around $97,000. “This level marks the transition between STH and LTH,” the analyst wrote, adding: “Breaking above it would put those investors back into a comfortable position, restoring their expectations of potential gains and encouraging them to keep holding rather than selling, which will bring some stability.” Bitcoin: Realized price, UTXO age bands. Source: CryptoQuant Failure to close above $97,000 would mean “caution remains necessary,” Darkfost added.  On the downside, the first major support sits at $88,000, representing the lower range of BTC’s price action on higher time frames, according to analyst Daan Crypto Trades.  $BTC Has retaken the previous range with this bounce. Still a lot of work to do but at least the insane selling has stalled for the time being.…

Bitcoin Traders Have These BTC Price Levels in Mind at $92K

2025/12/06 12:38

Bitcoin (BTC) analysis has mapped out key BTC price levels to watch going into the weekend, with a focus on the yearly open above $93,000.

Key takeaways:

  • Key Bitcoin price levels above and below the spot price are here as BTC is about to close the week.

  • The weekly close makes reclaiming $93,000 all the more important to confirm the recovery.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView

Onchain data reveals key levels to watch

Bitcoin may have delivered an impressive bounce from $84,000 to start the week, but the bullish sentiment was dampened by supplier congestion from the yearly open around  $93,000. 

Data from CryptoQuant shows that the BTC/USD pair is trading below the average realized price (cost basis) of most age groups, signalling instability, according to CryptoQuant analyst Darkfost. 

Related: Bitcoin unlikely to replicate January’s surge to new high: 21Shares founder

“The first area we want Bitcoin to reclaim is the realized price of the youngest LTH band,” Darfost said in an X post on Friday, referring to the cost basis of six to 12-month-old BTC holders around $97,000.

“This level marks the transition between STH and LTH,” the analyst wrote, adding:

Bitcoin: Realized price, UTXO age bands. Source: CryptoQuant

Failure to close above $97,000 would mean “caution remains necessary,” Darkfost added. 

On the downside, the first major support sits at $88,000, representing the lower range of BTC’s price action on higher time frames, according to analyst Daan Crypto Trades. 

As Cointelegraph reported, a break and close below the $93,000 boundary at $91,000 would confirm the continuation of the downtrend toward $68,000.

Bitcoin bulls must close the week above $93,000

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering below, fighting to hold $92,000. 

This meant that the price remained suppressed below the yearly open of above $93,000.

This coincides with the “high range resistance at $93,500,” said analyst Rekt Capital in a recent post on X, adding:

BTC/USD weekly chart. Source: Rekt Capital

Private wealth manager Swissblock said Bitcoin’s “momentum is igniting after weeks of being fully negative,” as Bitcoin fights to consolidate above the yearly open at $93,000-$93,500.

If Bitcoin holds $93,000, “the next short-term target is a break above $95K,” Swissblock added.

Bitcoin price chart. Source: Swissblock

Fellow analyst  AlphaBTC said he expected the price to rebound from the current level on the last leg up to close out the week above the yearly open, which is now acting as resistance.

As Cointelegraph reported, Bitcoin’s bearish December period could change with reduced leverage and price reclaiming key technical levels, hinting at a more stable setup.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

Source: https://cointelegraph.com/news/bitcoin-momentum-igniting-these-btc-price-levels-to-watch?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Solana Treasury Firm Holdings Could Double as Forward Industries Unveils $4 Billion Raise

Solana Treasury Firm Holdings Could Double as Forward Industries Unveils $4 Billion Raise

The post Solana Treasury Firm Holdings Could Double as Forward Industries Unveils $4 Billion Raise appeared on BitcoinEthereumNews.com. In brief Forward Industries, the largest publicly traded Solana treasury company, filed to raise $4 billion through an at-the-market equity offering to expand its SOL holdings. The company’s stock (FORD) fell 8.2% following the announcement, while the proceeds could more than double the $3.1 billion currently held in Solana treasuries. DeFi Development Corp. also registered a preferred stock offering with the SEC, following similar funding tactics used by Bitcoin treasury companies like MicroStrategy. Forward Industries, the newest and largest publicly traded Solana treasury company, has filed to raise $4 billion through an at-the-market equity offering. For the sake of comparison, this $4 billion raise is nearly the same size as Bitcoin treasury Strategy’s Stride preferred stock raise in July. And it’s double the size of the Strife preferred stock offering the company did in May. The proceeds would be used for working capital; pursuit of its Solana token strategy, and “the purchase of income-generating assets to grow its business,” the company said in a press release. Forward Industries declined to comment to Decrypt on what other income-generating assets it’s considering adding to its balance sheet.  As markets opened Wednesday morning, Forward saw its stock price take a dive. The shares, which trade under the FORD ticker on the Nasdaq, dipped to $31.29 before rebounding to $34.28 at the time of writing—marking a 8.2% fall for the session. If the company sells all the shares and spends the bulk of the proceeds on buying Solana, it could more than double the amount of SOL being held in treasuries. At the time of writing, there’s already $3.1 billion in Solana treasuries, according to crypto price aggregator CoinGecko. Users on Myriad, a prediction market owned by Decrypt parent company DASTAN, have been growing more confident that SOL will reach $250 sooner than…
Share
BitcoinEthereumNews2025/09/18 12:43
XRP Price Prediction As Spot ETF Inflows Near $1 Billion: What’s Next?

XRP Price Prediction As Spot ETF Inflows Near $1 Billion: What’s Next?

The post XRP Price Prediction As Spot ETF Inflows Near $1 Billion: What’s Next? appeared on BitcoinEthereumNews.com. XRP price dropped 5% in the last 24 hours, stabilizing around $2.00 as the market faced a bearish trend. Despite strong institutional growth within Ripple, the broader crypto market decline affected XRP.  Bitcoin price hovers below $90k, pushing down prices further. Nonetheless, inflows of Spot ETFs of close to $1 billion. Analysts are optimistic that XRP may experience a positive trend in case the market revives and institutional investments keep increasing. XRP Spot ETF Sees Unstoppable Growth: Nears $1 Billion in Inflows The United States XRP spot ETF is also taking the same direction as the ETF of SOL where it records 14 consecutive days inflows and zero outflows. Such a trend indicates an increasing interest in XRP, as the ETF now approaches a large milestone of a total inflows of $1 billion. The recent statistics show high net inflows, and the price of XRP changes insignificantly, which is a sign of a high demand of the cryptocurrency, which has a positive market mood. The US 🇺🇸 spot $XRP ETF is following in $SOL‘s footsteps with 14 straight days of inflows and zero outflows so far. Currently closing in on $1 Billion inflows 👌 pic.twitter.com/tj9A7nFgv7 — Rand (@cryptorand) December 5, 2025 XRP Price Signals Potential Buy, Says Analyst A crypto analyst Ali has just provided an intriguing study of the XRP markets. According to Ali, the cryptocurrency can be going through a period of buying according to the TD Sequential indicator. The TD Sequential is a trend-following tool that is widely used to predict market trends. The chart by Ali shows a possible buy point of XRP. The graph portrays candlesticks with some being big and others being small in size. $XRP is a buy, according to the TD Sequential. pic.twitter.com/uI9s9Qwu6Y — Ali (@ali_charts) December 5, 2025 Is XRP Price…
Share
BitcoinEthereumNews2025/12/06 12:17