Bitcoin Price Analysis: What Are BTC’s Next Targets After Reclaiming $90,000?

Bitcoin has recently surged higher after an extended correction phase, but the broader structure still reflects hesitation rather than a clear trend transition. Although the price is showing signs of recovery, momentum remains subdued, leaving the market in a fragile equilibrium.

Bitcoin Price Analysis: The Daily Chart

On the daily time frame, BTC has recorded a bullish breakout above the descending channel that previously defined the corrective structure. This breakout is technically constructive as it signals a shift away from sustained lower highs and continued control on the sell side.

However, the quality of this breakout remains questionable due to the lack of strong bullish momentum and follow-through. The price has risen, but the candles remain relatively shallow and overlapping, indicating that buyers are not yet trading with conviction.

Bitcoin is now approaching the key resistance zone around the $94K-$96K region, which aligns with a previous high-volume supply area. This level is critical as it represents the first major test of the bullish breakout. Failure to regain and hold above this resistance would increase the risk of a false breakout, potentially pulling the price back to its previous range.

For the daily structure to turn decisively bullish, BTC needs sustained acceptance above resistance, supported by volatility expansion and directional momentum. Until then, the outbreak should be treated with caution and not as confirmation of a new impulsive cycle.

BTC/USDT 4-hour chart

The 4-hour chart shows the current indecision more clearly. The asset consolidates within a tightening wedge structure, which reflects the compression after the initial rebound. Higher lows are gradually forming, but upward progress remains limited by local resistance, keeping the price within a narrow range. This type of structure typically precedes expansion, but the direction remains unresolved.

The ongoing consolidation signals that both buyers and sellers are on the verge of making a decisive move. Without a clean break above wedge resistance, recent progress remains corrective within the broader context. A sustained break, followed by acceptance above local resistance at $95K, would be needed to support the case for a new bullish cycle.

Conversely, the inability to reach a higher resolution could lead to renewed downward pressure and a return to the lower demand zones around $80,000. Until a resolution emerges, price action based on bandwidth and liquidity will remain the dominant theme.

Sentiment analysis

The liquidation heatmap provides valuable context for short-term price behavior. Below the current price, a clear concentration of liquidation levels has built up, especially around $85,000 – $87,000, indicating a dense cluster of leveraged long positions. This liquidity acts as a downward magnet in case of weakness, as a sharp decline could lead to successive liquidations.

At the same time, overhead liquidity appears more fragmented, suggesting that a continuation of the upward trend may require additional build-up before sustained pressure can emerge. The recent surge has already cleared short-term liquidation pockets with little momentum, reinforcing the idea that the current price action lacks strong directional urgency.

As long as Bitcoin remains within this liquidity equilibrium, short-term moves are likely to be driven by stop-hunts rather than trend expansion. A decisive breakout from these liquidation clusters will be needed to confirm the next meaningful price move.