LongBridge Associates PVT LTD

Bitcoin Eyes Breakout Toward $98,000 After Holding Key $90,000 Support Zone

Bitcoin’s price action remains bullish after defending the important support area around $90,000, with the bulls recently pushing toward the $98,000 resistance level. Although price pulled back from that resistance and closed the week near about $93,600, analysts say another attempt at breaking above $98,000 is likely this week if key support levels hold.

Technical focus remains on the $91,400–$94,000 zone as a critical battleground. Holding above these support levels is essential for bulls to maintain momentum and challenge resistance again; failure to do so could expose lower supports near $87,000 and $84,000.

If Bitcoin can sustain a breakout above $98,000, the next upside target could be toward $103,500 and potentially into the $106,000–$109,000 range — a zone expected to be a strong resistance area. A continued rally beyond that would hinge on broader market strength and sustained demand.

Overall market sentiment leans slightly bullish, as recent defense of the $90,000 support has reinforced bullish structure. However, traders should watch for near-term tests of support and how price reacts around the $98,000 resistance before confirming a clear breakout.

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