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Bitcoin has entered a correction phase near 95,000. This wave started from 91,000, rising rapidly to around 98,000, with an increase of 8%. Currently, there are signs of a pullback.
The key point to watch is the 94,000-95,000 range. From a technical perspective, this level is very critical and is likely to hold. Once it stabilizes, there’s a chance to break through the 100,000 mark. Conversely, if this support level fails, it could retest around 93,000.
However, looking at the overall trend, the lows are getting higher, which is a typical bottoming process before a trend rally. The oscillation and gradual lifting of the lows often indicate accumulation before a major move. The current pattern aligns with expectations; a dip now could be an opportunity to buy.
The next step depends on whether BTC can hold steady within this range. If it does, breaking upward will be smoother.