Bitcoin Surpasses $95,000: A Milestone or a Temporary High?
Bitcoin (BTC) has once again captured the spotlight as it surged past the $95,000 mark, sparking optimism across the crypto market. This rally, which has pushed BTC to a two-month high, comes as both a breath of fresh air and a significant challenge. While the market sentiment leans bullish, Bitcoin now faces a pivotal resistance zone that could define its trajectory in the coming weeks.
The Crucial Resistance Zone: $98,000 to $110,000
The real test for Bitcoin lies within the critical price range between $98,000 and $110,000. This range has historically acted as a supply cluster, with long-term holders distributing coins acquired during previous peaks. Each foray into this zone has triggered significant sell pressure, preventing sustained upward momentum.
According to the Long-Term Holder Cost Basis Distribution Heatmap, this dense area of supply has been a consistent roadblock since November 2025. For Bitcoin to maintain its upward trend, it must absorb the selling pressure from long-term holders. A sustained breakout above this resistance could set the stage for a new bull run.
Long-Term Holder Activity and What It Means
While the supply zone poses challenges, there are signs of moderation in profit-taking by long-term holders. Current data reveals a weekly net profit realization of approximately 12,800 BTC, significantly lower than the 100,000 BTC seen during past cycle peaks. This reduction in aggressive selling could help ease downward pressure on Bitcoin’s price.
However, this improvement does not fully mitigate selling risks. Market direction largely depends on the strength of demand, particularly from buyers who entered the market during Q2 of 2025. If buying pressure falls short of expectations, Bitcoin could struggle to sustain its recent gains.
Key Levels to Watch
A critical long-term support level for Bitcoin is the True Market Mean at $81,000. Trading consistently above this level signals a positive macro outlook, while any prolonged dip below it could trigger capitulation, reminiscent of the extended bear market from April 2022 to April 2023.
At the time of writing, Bitcoin is trading near $96,302. Short-term momentum remains constructive as long as BTC stays above $95,000. However, breaching the $98,000 resistance is essential for Bitcoin to target the psychological $100,000 level. Successfully flipping $100,000 into support could pave the way for higher targets, including $110,000, though new resistance levels are likely to emerge beyond six figures.
Are You Prepared for Bitcoin’s Next Move?
As Bitcoin navigates its toughest resistance yet, investors must stay vigilant. For those looking to stay ahead of the curve, consider tools like Ledger’s Nano X hardware wallet to safely store your crypto assets. Security is paramount during volatile market movements, ensuring your investments are protected at all times.
Conclusion
The coming weeks will be decisive for Bitcoin as it battles to break through its formidable resistance zone. For now, the market’s optimism hinges on sustained demand and reduced selling from long-term holders. Whether BTC can rise to the occasion or faces renewed sell-offs remains to be seen, but one thing is certain: the crypto market is bracing for a rollercoaster ride.
Stay Updated
For the latest insights, news, and analysis on the crypto market, subscribe to our daily newsletter and stay informed. Always remember to conduct your own research and consult financial experts before making investment decisions.
