Bitcoin Price Analysis: BTC Faces Rising Selling Pressure as $95K Resistance Holds

Description

Bitcoin’s recent run appears to be losing steam, as price action encounters a decisive resistance range around the $95K psychological barrier. The market is currently showing signs of exhaustion, suggesting that a corrective phase may be on the horizon before the next potential surge toward new all-time highs. Technical Analysis The Daily Chart After staging a powerful breakout above both the 100- and 200-day moving averages last week, Bitcoin surged toward the critical $95K level. This zone rep...