Bitcoin Targets Unknown Territory with a discount of $90k – Easily earning a range of $9.4K – Details

Bitcoin has once again attracted attention as it trades above key levels and is ready to challenge its all-time high. After months of positive sales pressure and pessimism, the leading cryptocurrency has made a strong comeback. Now, Bitcoin hovers around the $105,000 mark, showing significant strength, and the Bulls will break through into unknown territory.

The momentum has been building since Bitcoin recovered its $90,000 level, rapidly advancing the $94,000-$100,000 resistance zone. According to top analyst Jelle, Bitcoin is preparing to continue to surpass resistance levels, highlighting the power of recent buying pressure and rapid changes in the market tone. The rally not only surprised skeptics, but also rekindled optimism throughout the cryptocurrency market.

However, the $105K area remains a crucial test. Historically, such levels have attracted profits and new interest. If the bulls can maintain power and surpass this resistance, a new phase of price discovery may begin. As long-term holders show reconfidence and broader investor sentiment recovery, the next few days may be key to Bitcoin’s trajectory. A clean breakout beyond the current range could confirm new macro uptrends and reset expectations for the rest of 2025.

Bitcoin Eyes Price Discovery As Trade Optimism Promotes Bullish Momentum

Bitcoin is trading at a critical inflection point, hovering above $104,000 as optimism surrounds the establishment of a potential trade deal between the United States and China. As geopolitical tensions show signs of easing, markets are responding positively, and Bitcoin appears to benefit from a new risky appetite. The price increase comes after a series of key breakthroughs, most notably above the 90k and $100,000 levels, and the Bulls have been convicted in the past two weeks.

The current rally makes Bitcoin the second highest weekly in history, indicating a change in macro sentiment. The recent positive buying pressure has been seen tilting previously critical resistance levels to potential support areas. Bitcoin is now preparing to test unknown territory, with only one major obstacle left – its all-time high price is around $109K.

Jelle shared the bullish outlook and noted: “Bitcoin makes money with $90k, not even there.” He added that as long as Bitcoin enters a new phase of price discovery, the high on January 20 will not be able to last. The combination of technical strength, improved macroeconomic conditions and growing investor confidence has laid a solid foundation for further upward space.

But the days ahead will be crucial. If the Bulls can push $105,000 decisively, the possibility of a new high breakthrough will be greatly increased. However, if the resistance remains, temporary integration can be followed. Either way, Bitcoin is on the verge of defining the market cycle that defines the next chapter – a way to see it reach a level that has never been seen before and generate a wider momentum throughout the cryptocurrency landscape.

BTC consolidates above $104K as the Bulls keeps power

The daily chart shows that after months of resistance breakouts, Bitcoin trading is firmly above the $104,000 level. After a strong rise since late April, BTC drove a key psychological barrier at $90K and $100,000, with buyers maintaining control as price action prints higher and higher lows. The current structure is forming a bullish continuation of a textbook that consolidates the $105K trademark.

The 200-day simple moving average (SMA) and exponential moving average (EMA) continue to trend upward, now well below the current price, confirming long-term strength and momentum. In recent courses, the number has also risen, supporting the Bulls’ massive participation.

Going forward, the $105,700 level (as a current local advanced test) will bring the next hurdle. Cleaning on this every day may lay the foundation for positive upward entry into price discovery territory, which may target $109,000. On the downside, instant support is $103,600 and $100,000, both recycled levels recently, which could be a strong foundation if a callback occurs.

Featured images from DALL-E, charts from TradingView

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