The bulls strengthen the defense in BTC – Breakout at 94,400 confirmed

The resistance that was holding back Bitcoin for weeks was finally broken a few days ago, and most importantly: the bulls are keeping BTC firmly above the critical level of 94,400. This consolidation above the broken zone is a clear sign that the buying strength is in control. With the price floating at the current $83.09K, the technical dynamics indicate a continuation of the upward movement, as long as this support-turned-resistance is maintained.

Consolidation above the broken resistance

The price remaining above 94,400 for several days after the breakout is no coincidence – it shows that the bulls managed to build a solid base at this level. When buyers successfully defend a zone like this, they signal confidence for future continuations. The initial resistance, now transformed into a dynamic support, acts as a safety cushion for the bullish movement ahead.

Upside targets for the next moves

With the bullish momentum, technical analysis points to three main price targets: 98,700, 101,500, and 105,000. These levels were not chosen randomly – they represent zones of technical confluence where buyers and sellers have historically clashed. If the bulls maintain their discipline and the 94,400 support remains intact, each of these levels becomes progressively more accessible. The path to 105,000 would be particularly significant, reinforcing the long-term dominance of the bullish narrative in the Bitcoin market.