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Bitcoin Could Surge Above $100K or Drop to $80K on $95K Support Test

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(05:36 PM UTC)
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  • Bitcoin trades at $95,521 after a 14% monthly decline, facing key support at $95,000.

  • Over $866 million in outflows from spot Bitcoin ETFs have intensified selling pressure in the last 24 hours.

  • If $95,000 support holds, a reversal above $98,000 may target $105,000; otherwise, downside to $80,000-$86,000 looms with 69% surge in trading volume to $129 billion.

Bitcoin price analysis: Will BTC respect $95K support and rebound to $100K, or drop to $80K? Explore key levels, ETF flows, and expert insights in this 2025 update—stay informed on crypto trends today.

What Happens if Bitcoin Respects the $95,000 Support Level?

Bitcoin support at $95,000 represents a critical juncture in the cryptocurrency’s current downtrend, potentially signaling a reversal if held firm. Trading at approximately $95,524 after a 6.04% drop from $100,000, Bitcoin has shed 14% over the past month following its October peak near $126,000. Analysts note that sustained buying interest from long-term holders could stabilize the price here, paving the way for recovery toward $105,000 upon breaking above $98,000 resistance.

Bitcoin Price Chart

Bitcoin Price Chart | Source: CoinMarketCap

The recent decline has been fueled by heightened profit-taking and macroeconomic caution among investors. Daily trading volume has spiked 69% to $129 billion in the past 24 hours, indicating active selling as market participants reposition. Spot Bitcoin exchange-traded funds (ETFs) have exacerbated this pressure, with net outflows totaling over $866 million in the same period. Grayscale Bitcoin Trust recorded the largest withdrawal at $318 million, per data from Farside Investors, contributing to broader bearish sentiment.

Spot Bitcoin Etfs In The Last 3 Days

Spot Bitcoin ETFs in the last 3 days | Source: Farside Investors

How Are ETF Outflows Impacting Bitcoin’s Price Momentum?

Spot Bitcoin ETF outflows have significantly influenced Bitcoin’s downward trajectory, reflecting reduced institutional appetite amid volatility. In the last three days, these funds saw consistent redemptions, with Grayscale leading at over $318 million yesterday alone, as reported by Farside Investors. This selling pressure aligns with a broader market shift, where short-term traders capitalize on the dip while long-term holders remain steadfast, according to on-chain data from Glassnode.

Experts like those at TradingView highlight that such outflows often precede deeper corrections unless countered by fresh inflows. The Relative Strength Index (RSI) on the daily chart stands at 54 on the weekly timeframe, with the moving average convergence divergence (MACD) at 41, underscoring seller dominance. However, historical patterns suggest that ETF flows can reverse quickly; for instance, similar outflows in prior cycles were followed by rebounds once support levels were tested. Crypto analyst Ted, in a recent analysis, emphasized the loss of the $98,000 structure, warning that without intervention, Bitcoin could test lower zones. This dynamic underscores the ETF market’s role as a barometer for broader adoption and price stability.

Bitcoin Daily Chart

Bitcoin Daily Chart | Source: TradingView

From a technical standpoint, Bitcoin’s daily chart reveals a broken structure below $98,000, with momentum indicators confirming ongoing bearish control. The $95,000 level, viewed as a reversal zone by many traders, coincides with psychological and historical support dating back to earlier 2025 consolidations. On-chain metrics from sources like CryptoQuant show dormant wallets reactivating, interpreted as strategic accumulation rather than distress selling. This activity, involving wallets untouched for years, suggests confidence in Bitcoin’s long-term value despite short-term turbulence.

Market observers, including insights from Bloomberg Intelligence, point to external factors like regulatory clarity and global economic signals as potential catalysts for stabilization. If outflows persist, Bitcoin faces the $86,000-$80,000 range, where previous accumulation zones could attract buyers. Conversely, a close above $98,000 might ignite bullish momentum, targeting $105,000 as an initial recovery benchmark. Ted’s commentary on X further supports this, noting a potential CME gap fill around $92,000-$93,000 before any upward relief, based on futures market discrepancies.

The interplay of these elements positions Bitcoin at a pivotal moment. Long-term holders, holding over 70% of supply per Glassnode data, have shown minimal distribution, providing a foundational buffer. This resilience, combined with rising trading volumes, indicates that while fear dominates headlines, underlying demand persists. Institutional players, through vehicles like ETFs, continue to shape the narrative, but their recent actions highlight the need for vigilance around key supports.

Frequently Asked Questions

What Is the Next Support Level for Bitcoin If $95,000 Breaks?

If Bitcoin fails to hold $95,000 support, the next major levels lie between $86,000 and $80,000, where historical buying interest has emerged in past cycles. This zone aligns with on-chain accumulation patterns and could see renewed demand, potentially halting further declines based on TradingView technical analysis and Glassnode metrics.

Could Bitcoin Rebound to $100,000 Soon Amid ETF Outflows?

Yes, Bitcoin could rebound above $100,000 if it respects $95,000 support and breaks $98,000 resistance, driven by long-term holder accumulation. Despite $866 million in recent ETF outflows, increased trading volume and dormant wallet activity suggest underlying strength for a quick recovery in the coming weeks.

Key Takeaways

  • Critical Support at $95,000: Holding this level is essential to avoid deeper corrections; a break targets $80,000-$86,000.
  • ETF Outflows Pressure: Over $866 million withdrawn in 24 hours, led by Grayscale’s $318 million, intensifies selling but may signal dip-buying opportunities.
  • Potential Reversal Targets: Breaking $98,000 could lead to $105,000; monitor RSI at 54 and on-chain data for bullish confirmation.

Conclusion

In summary, Bitcoin’s trajectory hinges on whether it respects the $95,000 support level amid ETF outflows and selling momentum, with risks of dropping to $80,000 if breached. Technical indicators and expert analyses from sources like TradingView and Glassnode underscore a delicate balance between fear and opportunity. As 2025 progresses, staying attuned to these dynamics will be crucial for investors—consider monitoring key levels closely to capitalize on potential rebounds.

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Jocelyn Blake

Jocelyn Blake

Jocelyn Blake is a 29-year-old writer with a particular interest in NFTs (Non-Fungible Tokens). With a love for exploring the latest trends in the cryptocurrency space, Jocelyn provides valuable insights on the world of NFTs.
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