Bitcoin ($BTC) continues to trade below critical technical barriers, stuck beneath the crucial 20-Week EMA with current price hovering around $93.02K. According to market analyst Michael van de Poppe’s recent technical breakdown, the situation remains largely unchanged—BTC is once again meeting a sharply defined resistance zone. The action unfolding at these price levels tells a clear story: sellers maintain control, and buyers haven’t mustered enough force to push through the critical barriers.
What the Liquidity Map Reveals
Van de Poppe’s latest chart analysis highlights several concerning liquidity zones that could dictate market direction. The most significant liquidity event occurred at Bitcoin’s all-time peaks, followed by a swift pullback to resistance areas. The analyst emphasized that these liquidity pools are gradually being depleted, suggesting volatile price action near these levels will likely persist.
Traders are closely monitoring whether BTC will retest certain key zones. These retests matter significantly—they could either trigger renewed buying pressure or confirm bearish momentum. The current price action suggests the market hasn’t yet resolved its directional uncertainty.
The New Low Scenario: More Likely Than Hoped
Van de Poppe warns that without Bitcoin successfully reclaiming its resistance levels in the coming days, a fresh downside test appears probable. “If we don’t see a breakthrough soon, we’re likely heading toward new lows,” the analyst stated.
The critical support band sits between $100,000 and $103,000—this is where buyers historically step in. Should price action breach below current support levels, this zone becomes an attractive entry point for long-position accumulation. Traders should watch this range carefully.
The Hidden Altcoin Play
Here’s where things get interesting for portfolio diversification. Van de Poppe identified a compelling opportunity hiding within Bitcoin’s weakness: altcoins could be positioned for substantial moves. When Bitcoin enters consolidation or correction phases, capital historically rotates toward alternative cryptocurrencies, creating outsized profit potential for early movers.
The analyst suggests that aggressively accumulating altcoins during BTC’s weakness could align with historical market patterns. As Bitcoin dominance potentially decreases, liquidity flooding into the altcoin sector traditionally generates significant returns.
Market Divide: Two Competing Narratives
The current market sentiment splits investors into two camps. Skeptics believe the correction phase will deepen, citing weak bullish catalysts. Optimists counter that technical setups suggest an imminent directional move, positioning for a resistance breakout and resuming bull momentum.
Both sides are watching the same critical levels: the 20-Week EMA and major liquidity zones. Until resistance breaks decisively, downside risk remains real. The next few days will be telling for traders positioning their portfolios—watch whether support at $100,000-$103,000 holds or gives way.
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Bitcoin Trapped Between Resistance: When Will the Breakthrough Come?
Bitcoin ($BTC) continues to trade below critical technical barriers, stuck beneath the crucial 20-Week EMA with current price hovering around $93.02K. According to market analyst Michael van de Poppe’s recent technical breakdown, the situation remains largely unchanged—BTC is once again meeting a sharply defined resistance zone. The action unfolding at these price levels tells a clear story: sellers maintain control, and buyers haven’t mustered enough force to push through the critical barriers.
What the Liquidity Map Reveals
Van de Poppe’s latest chart analysis highlights several concerning liquidity zones that could dictate market direction. The most significant liquidity event occurred at Bitcoin’s all-time peaks, followed by a swift pullback to resistance areas. The analyst emphasized that these liquidity pools are gradually being depleted, suggesting volatile price action near these levels will likely persist.
Traders are closely monitoring whether BTC will retest certain key zones. These retests matter significantly—they could either trigger renewed buying pressure or confirm bearish momentum. The current price action suggests the market hasn’t yet resolved its directional uncertainty.
The New Low Scenario: More Likely Than Hoped
Van de Poppe warns that without Bitcoin successfully reclaiming its resistance levels in the coming days, a fresh downside test appears probable. “If we don’t see a breakthrough soon, we’re likely heading toward new lows,” the analyst stated.
The critical support band sits between $100,000 and $103,000—this is where buyers historically step in. Should price action breach below current support levels, this zone becomes an attractive entry point for long-position accumulation. Traders should watch this range carefully.
The Hidden Altcoin Play
Here’s where things get interesting for portfolio diversification. Van de Poppe identified a compelling opportunity hiding within Bitcoin’s weakness: altcoins could be positioned for substantial moves. When Bitcoin enters consolidation or correction phases, capital historically rotates toward alternative cryptocurrencies, creating outsized profit potential for early movers.
The analyst suggests that aggressively accumulating altcoins during BTC’s weakness could align with historical market patterns. As Bitcoin dominance potentially decreases, liquidity flooding into the altcoin sector traditionally generates significant returns.
Market Divide: Two Competing Narratives
The current market sentiment splits investors into two camps. Skeptics believe the correction phase will deepen, citing weak bullish catalysts. Optimists counter that technical setups suggest an imminent directional move, positioning for a resistance breakout and resuming bull momentum.
Both sides are watching the same critical levels: the 20-Week EMA and major liquidity zones. Until resistance breaks decisively, downside risk remains real. The next few days will be telling for traders positioning their portfolios—watch whether support at $100,000-$103,000 holds or gives way.