Bitcoin is trading near $91,000, stuck between support at $84,000 and resistance at $112,000, as traders eye the next major price move.
Bitcoin is trading within a defined range as market participants monitor two key levels. The current price is $91,000, showing a small gain in the last 24 hours and an increase of almost 10% over the past week (CoinGecko).
Despite the recent bullish trend, BTC remains capped below resistance, with strong support at the bottom of the chart.
Key Price Levels Shaping Bitcoin Range
On-chain data reviewed by Ali Martinez suggests that Bitcoin is caught between two zones of high activity. Around $84,570, approximately 610,635 BTC were moved last time. This level reflects a large volume of past transactions, indicating strong buying interest that can help support the price during downward moves.
for bitcoins $BTC$84,570 is the support that matters and $112,340 is the ceiling to consider. pic.twitter.com/rI0dhCgiMK
—Ali (@ali_charts) November 27, 2025
At the upper end, $112,340 is considered the next major level where supply may return to the market. Approximately 576,252 BTC was last traded near this price. A smaller cluster near $104,765, with over 402,000 BTC moved, may offer additional resistance ahead of any approach to $112,000.
Resistance at $91,772 and momentum outlook
Bitcoin has been testing the area just below $91,800. This area has remained firm as a short-term limit, avoiding further increases. Analyst Michaël van de Poppe said:
“BTC needs to break through this crucial level.”
Momentum has returned after the recent bounce from the $82,000 region. However, without a clear break above the current ceiling, the price direction remains uncertain. Key levels to monitor if the trend continues include $107,260 and $111,918.
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Additionally, Lennaert Snyder noted that Bitcoin is compressing near the $93,000 resistance. He explained that if this level is broken, the price could rise to $95,480. If rejected, a pullback towards $90,000 or even $87,800 may occur.
“If we lose the support at $90,000, short selling at ~$87,800 will be triggered,” he added.
Snyder also noted that $87,800 could act as another support for long entries if the price finds stability there. The compression near $93,000 indicates that a clear directional move could occur soon.
Network activity signal progresses
In addition, Martínez also referred to the CVDD metric as a guide to identifying market lows. The model tracks when older units move, providing information on potential cycle lows. The data above shows that it has been close to the actual low during previous recessions.
“CVDD has a strong track record of helping identify terminal funds,” he explained.
On the other hand, Daan Crypto Trades pointed to the increase in global liquidity as a possible driver. The Global Liquidity Index, which rose this week, may support stronger price action if the trend continues.
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