bullish

Bitcoin

Momentum

Daily

<p>Bitcoin is showing signs of recovery after finding support at the 200-day moving average.</p>
<p>However, the bullish momentum appears weak, suggesting that this rebound could be a temporary correction rather than the start of a sustained uptrend.</p>
<h2 id="technical-analysis">Technical Analysis</h2>
<p>By <a href="https://www.linkedin.com/in/shayan-navabi-522107248/" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">Shayan</a></p>
<h3 id="the-daily-chart">The Daily Chart</h3>
<p>Bitcoin is showing early signs of a recovery after bouncing off the crucial $80K support level. This region aligns with the ascending channel’s lower boundary, the 200-day moving average, and the key 0.5-0.618 Fibonacci retracement zone, making it a formidable support level that sellers have struggled to break. As long as this support is in place, the overall trend will remain intact.</p>
<p>However, bullish momentum appears weak, suggesting that the recent rebound could be a temporary correction rather than the start of a strong uptrend. If BTC continues its recovery, the following key resistance lies at $92K, where the 100-day moving average could act as a barrier.<a href="https://cryptopotato.com/wp-content/uploads/2025/03/BTC-D-7-scaled.jpg" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a></p>
<h3 id="the-4-hour-chart">The 4-Hour Chart</h3>
<p>In the lower timeframe, Bitcoin successfully broke out of its descending wedge pattern and formed a pullback, signaling a bullish move. Following this breakout, the price has seen a moderate surge, indicating increased buying interest.</p>
<p>Despite this, Bitcoin still faces a significant test at the $92K resistance zone, where notable selling pressure is expected. The price action at this level will likely determine BTC’s mid-term direction. In the short term, buyers seem poised to push the price toward $92K, with potential consolidation before the next decisive move.<a href="https://cryptopotato.com/wp-content/uploads/2025/03/BTC-4H-7-scaled.jpg" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="aligncenter size-full wp-image-388851" src="https://cryptopotato.com/wp-content/uploads/2025/03/BTC-4H-7-scaled.jpg" alt="" width="2560" height="1307" srcset="https://cryptopotato.com/wp-content/uploads/2025/03/BTC-4H-7-scaled.jpg 2560w, https://cryptopotato.com/wp-content/uploads/2025/03/BTC-4H-7-300x153.jpg 300w, https://cryptopotato.com/wp-content/uploads/2025/03/BTC-4H-7-1024x523.jpg 1024w, https://cryptopotato.com/wp-content/uploads/2025/03/BTC-4H-7-768x392.jpg 768w, https://cryptopotato.com/wp-content/uploads/2025/03/BTC-4H-7-1536x784.jpg 1536w, https://cryptopotato.com/wp-content/uploads/2025/03/BTC-4H-7-2048x1046.jpg 2048w, https://cryptopotato.com/wp-content/uploads/2025/03/BTC-4H-7-50x26.jpg 50w" sizes="(max-width: 2560px) 100vw, 2560px"></a></p>
<h2 id="sentiment-analysis">Sentiment Analysis</h2>
<p>By <a href="https://www.linkedin.com/in/shayan-navabi-522107248/" data-wpel-link="external" target="_blank" rel="noopener noreferrer nofollow">Shayan</a></p>
<p>The Binance liquidation heatmap provides key insights into potential price targets, as liquidity levels often act as magnets for market movements. Recent market consolidation has led to the formation of a significant cluster of liquidation levels just above the $92K resistance.</p>
<p>These levels correspond to short-position liquidations, making them attractive targets for bulls and institutional buyers. As a result, Bitcoin’s price could be drawn toward this liquidity pocket, increasing the likelihood of a breakout above $92K in the mid-term.</p>
<p>Despite the current lack of strong bullish momentum, the $92K level remains a critical battleground. A decisive move above this resistance could lead to a sustained bullish trend. However, given the overall market conditions, Bitcoin could still experience lower price levels before a decisive breakout.</p>
<p>This potential downside would offer an excellent accumulation opportunity for smart money investors, positioning them ahead of the next major move.<a href="https://cryptopotato.com/wp-content/uploads/2025/03/Binance_BTC_USDT_Liquidation_Heatmap1_month_2025_03_24_13_49_32-scaled.jpg" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="aligncenter size-full wp-image-388850" src="https://cryptopotato.com/wp-content/uploads/2025/03/Binance_BTC_USDT_Liquidation_Heatmap1_month_2025_03_24_13_49_32-scaled.jpg" alt="" width="2560" height="1877" srcset="https://cryptopotato.com/wp-content/uploads/2025/03/Binance_BTC_USDT_Liquidation_Heatmap1_month_2025_03_24_13_49_32-scaled.jpg 2560w, https://cryptopotato.com/wp-content/uploads/2025/03/Binance_BTC_USDT_Liquidation_Heatmap1_month_2025_03_24_13_49_32-300x220.jpg 300w, https://cryptopotato.com/wp-content/uploads/2025/03/Binance_BTC_USDT_Liquidation_Heatmap1_month_2025_03_24_13_49_32-1024x751.jpg 1024w, https://cryptopotato.com/wp-content/uploads/2025/03/Binance_BTC_USDT_Liquidation_Heatmap1_month_2025_03_24_13_49_32-768x563.jpg 768w, https://cryptopotato.com/wp-content/uploads/2025/03/Binance_BTC_USDT_Liquidation_Heatmap1_month_2025_03_24_13_49_32-1536x1126.jpg 1536w, https://cryptopotato.com/wp-content/uploads/2025/03/Binance_BTC_USDT_Liquidation_Heatmap1_month_2025_03_24_13_49_32-2048x1502.jpg 2048w, https://cryptopotato.com/wp-content/uploads/2025/03/Binance_BTC_USDT_Liquidation_Heatmap1_month_2025_03_24_13_49_32-50x37.jpg 50w" sizes="(max-width: 2560px) 100vw, 2560px"></a></p>
<p>The post <a href="https://cryptopotato.com/bitcoin-price-analysis-btc-eyes-90k-but-momentum-shows-signs-of-weakness/" rel="noopener noreferrer nofollow">Bitcoin Price Analysis: BTC Eyes $90K, but Momentum Shows Signs of Weakness</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.</p>

Bitcoin Price Analysis: BTC Eyes $90K, but Momentum Shows Signs of Weakness

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