Bitcoin’s $98K Weekly Resistance: The Make-or-Break Line for BTC’s Next Leg Up
Bitcoin's price action is at a critical inflection point. All eyes are on a single, formidable barrier.
The $98,000 Wall
For the pioneer cryptocurrency, the weekly chart paints a clear picture. A resistance level at $98,000 has solidified, acting as a ceiling that has repeatedly turned back bullish advances. Until this level is decisively breached with conviction and sustained volume, any rally remains suspect—just another fakeout in a market that loves them.
What a Breakout Demands
A clean break above this zone isn't just about a price print. It requires a weekly close north of $98,000, backed by significant buying pressure that swallows up sell orders. That's the signal the market is waiting for to confirm a true structural shift and open the path toward uncharted territory. Without it, consolidation or a pullback to gather strength is the more likely scenario.
The Stakes for the Market
This isn't just a technical test for chartists. A successful breakout would likely inject fresh momentum across the digital asset space, validating the bullish thesis for the current cycle. A failure here, however, could embolden the bears and lead to a deeper correction—proving once again that in crypto, the most expensive price is often the hope you bought on leverage.
The setup is clear. The level is defined. Now, the market decides.
Bitcoin faces key resistance at $98K, with recent fluctuations showing strong upward momentum. Can BTC break the resistance?
Visit Website
