Bitcoin Price Analysis — Strong Bullish Momentum After Tapping Key Order Block
BTC Pumps After Tapping the 89,200 Order Block
Bitcoin showed a solid bullish reaction after tapping the key 89,200 order block late last night.
This level acted as a major bullish zone, and as soon as BTC touched it, strong buying pressure entered the market, resulting in a healthy upward move.
BTC Currently Moving Within the 92K Zone
At the moment, Bitcoin is trading inside the 92,000 range.
On the 4-hour timeframe, the trend remains clearly bullish, as BTC continues to form Higher Highs and Higher Lows, indicating strong buyer dominance.
First Key Resistance — 93,500 to 93,550
The next strong resistance for Bitcoin lies between $93,500 – $93,550.
This zone has previously acted as a major rejection area, so we may see:
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Temporary pullbacks
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Profit-taking
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Short-term selling pressure
If BTC breaks above this level with a clean 4H candle close, it will open the doors for further upside movement.
Next Major Target — 95,000 Resistance Zone
Once Bitcoin successfully clears the 93.5K resistance, the next significant target stands around $95,000.
This area also acts as a notable supply zone, where BTC might face mild consolidation or a temporary slowdown before deciding its next direction.
Conclusion — Trend Still Bullish
Overall, Bitcoin’s trend remains bullish on the 4-hour timeframe, and as long as price stays above the 89,200 support zone, the market sentiment favors the upside.
A breakout above 93.5K could push BTC toward the 95K region in the coming sessions.
