#GateSquareMayTradingShare

What is the Next Resistance Level for Bitcoin Price?

After several sideways sessions above the $72,000 level, Bitcoin briefly touched the $81,000 mark before correcting. A 10% rally over the past month has brought Bitcoin back into a crucial resistance zone that has long limited price recovery efforts.

The real test for Bitcoin is ahead, as the range of $83,000 to $85,000 now becomes the next major obstacle.

If it cannot hold this zone, focus will likely shift back to lower demand areas around $75,000 and $73,000, with the 100-day moving average near $72,000 serving as the main support level.

Bitcoin Tests Major Resistance Zone

In the first two weeks of May, Bitcoin trading activity also increased, causing 24-hour trading volume to rise by 4%.

As a reference, when reviewing Bitcoin’s price history, consolidation phases near major resistance levels often precede the next big move.

A breakout above the 200-day moving average, currently between $83,000 and $85,000, could open the way toward $89,000.

After that, the $94,000 level becomes the next technical target before a potential move toward the psychological area of $100,000.

Bitcoin MACD Signal Indicates Growing Momentum

One of the most observed signals right now is the weekly MACD crossover, which showed a bullish signal on April 13.

Since then, Bitcoin has risen about 15%, indicating a change in momentum after a relatively long recovery period.

Historical comparisons provide context for this analysis. Past MACD crossovers have often signaled upcoming rallies.

The signal in October 2023 preceded a 147% increase, while the October 2024 crossover was followed by a 75% rise. A similar signal in May 2025 led to a 35% rally.

Although past performance does not guarantee future results, the consistency of this signal becomes notable as Bitcoin approaches the cluster of major resistance near the 200-day average.

A confirmed breakout above this level could draw investor attention to $89,000, then to $94,000.

Afterward, market participants will start considering larger movement opportunities toward $100,000.

Miner Behavior Shows Selling Pressure Still Low

On-chain data provides additional support for the current recovery structure. Miners’ Position Index (MPI) briefly dropped below -1.0 at the February lows around $60,000, a level historically associated with accumulation by miners, not distribution.

This indicates that miners did not engage in large-scale selling during the weakest market phase, helping to reduce selling pressure as Bitcoin establishes a price foundation.

Although MPI has risen again, its value remains below zero. This means miner selling is still relatively minimal compared to market conditions when prices hit peaks.

Lower distribution from miners can help keep prices stable during upward movements.

However, traders are still monitoring whether the MPI rises above 0.5. If that happens, it could signal increased selling pressure as prices rise, potentially slowing the rally.

Profit-taking Activity Shows Strong Demand Absorption

Data from Santiment shows that realized net profit for Bitcoin recently reached $207.56 million when the price crossed $80,000.

This is the highest level reached in the current cycle and indicates increased profit-taking activity near key psychological levels.

Taking profits during a price rally does not necessarily signal a bearish trend. Often, it actually indicates that new demand is strong enough to absorb selling pressure from existing holders.

In such situations, Bitcoin can continue to rise despite increased selling, showing that buyers remain active at current price levels.

If the price manages to close the week above $81,000 and successfully retest this as support, optimism about Bitcoin’s bullish prospects will grow stronger.

If this pattern is confirmed, this price structure could open the way toward the $86,000 to $89,000 range, with $100,000 as the next major target for upward movement.