- BTC must hold above $100K to avoid a drop toward the $95K support zone tested in past cycles.
- Weak ETF inflows and declining whale activity signal softening demand despite recent dip buys.
- Geopolitical tensions and weekly close timing add pressure to Bitcoin’s short-term stability.
Bitcoin (BTC) has surged back above the $100,000 level, a move that many traders see as critical. As the weekly candle close approaches, market participants are closely monitoring whether BTC can maintain this price. If it fails, a drop toward the $95,000 support band, which was tested repeatedly during the 2017 cycle, may follow.
Key Level of $100K Under Pressure as Bulls Aim to Retain Control
According to analysis prepared by Crypto Seth, BTC has reclaimed the $100K mark but must hold it to avoid a deeper pullback. “If Bitcoin loses $100K then we likely retest 95K and the bull market support band,” he wrote on X. At the time of writing, BTC traded at $101,366.99.
The price has shown signs of consolidation following geopolitical tensions in the Middle East. U.S. President Donald Trump confirmed military strikes on Iran’s nuclear facilities, sparking fears across financial markets. Traders now see $100K as a pivot level, with the weekly close in two hours expected to determine near-term direction.
BTC price dipped below $98,600 during the day before recovering. Data from TradingView shows that the asset is struggling to regain the recent high of $109,000 reached earlier in the month. Analysts point to reduced ETF inflows and declining whale activity as reasons for weaker demand.
Revisit to $95K Considered Normal in Current Cycle
According to an observation by trader Cas Abbe, BTC could revisit the $93K–$94K zone, though he assigns only a 20%–25% chance to this scenario. Historically, in 2017, Bitcoin revisited its bull market support band around eight times before continuing higher. Analysts believe a similar pattern is developing now.
CryptoQuant data shows declining on-chain activity, including a 60% drop in ETF flows and a 50% slowdown in large-scale buying. Despite this, institutional entities such as BlackRock have bought recent dips. Also, Texas has introduced legal protections for Bitcoin reserves, showing increasing interest from state-level actors.
