Final Key Resistance Level Before New All-Time High
By: cryptosheadlines|2025/05/02 18:30:02
0
Share
Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Bitcoin has reclaimed bullish control after breaking through a major resistance at $95K. However, all eyes are now on the looming psychological barrier at $100K, a critical level that could either trigger profit-taking or act as a springboard toward new all-time highs.Technical AnalysisBy ShayanMarketsThe Daily ChartBTC’s recent breakout above the decisive $95K resistance marks a key technical and psychological victory for the bulls. Following a brief consolidation period around this level, renewed buying pressure drove the price firmly higher, signaling the continuation of the bullish trend that began after the correction phase earlier this year.This breakout is a notable bullish development, as the $95K level had previously capped Bitcoin’s advances and aligned with prior swing highs. However, the focus now shifts to the $100K resistance zone, a round number that historically carries significant psychological weight. It is likely to be filled with latent sell orders, take-profit triggers, and institutional distribution, all of which could temporarily stall or reverse upward momentum.If bulls manage to breach this psychological barrier decisively, it would likely result in a strong continuation rally, with the next logical target being Bitcoin’s all-time high at $109K.The 4-Hour ChartOn the 4-hour timeframe, Bitcoin initially paused at the $95K resistance, forming a sideways consolidation structure indicative of supply absorption. However, this consolidation was short-lived, as new demand flooded the market, resulting in a clean breakout above $95K, confirming buyers’ dominance and the validity of the prior breakout.Despite the strength of this move, the $100K mark now stands as the next major challenge. This level not only aligns with psychological resistance but also coincides with a prior major swing high, increasing its technical relevance.Should BTC fail to overcome $100K on its first attempt, profit-taking and smart money distribution could trigger a rejection and a corrective pullback toward the $90K support zone, where the 100 and 200-day moving averages currently provide structural reinforcement.Alternatively, the more probable short-term scenario is a consolidation phase below $100K, allowing the market to accumulate momentum before a potential breakout toward the $109K ATH.On-chain AnalysisBy ShayanThe Taker Buy/Sell Ratio is a key on-chain metric that measures the ratio of market buy orders to market sell orders on exchanges such as Binance.In the latest reading, the Taker Buy/Sell Ratio has spiked sharply, reaching the highest level observed within the recent months. This surge suggests that market participants are increasingly executing market buy orders, reflecting a shift from passive accumulation to aggressive entry at market prices.Such behaviour typically occurs when investors and traders are confident in an imminent price increase or fear missing out on a rally, classic signs of strong bullish sentiment. The spike on the ratio chart highlights an influx of taker buy volume, confirming that buyers are actively chasing price, rather than waiting for lower entries. This behavioural shift often precedes strong upward momentum in price action, especially when coupled with rising open interest and positive price structure.SPECIAL OFFER (Sponsored)Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.Cryptocurrency charts by TradingView.Source link
You may also like

What are the common traits of people who founded a $5 Billion+ company before the age of 23?
Trauma, Neurodiversity, Cross-Domain Skills. These characteristics, which may appear as "flaws" on a traditional resume, could instead be the most important signals

Why Hasn't $160 Billion Stripe Gone Public?
The Rise of Private Placements, with Companies like Stripe Rewriting Fundraising Logic.

All the AI News You Need to Know is Here, Lyrical Officially Launches AI News Feed
Users can access key information in real time without switching pages

Bitwise: Why Bitcoin Is Destined to Impact a Million Dollars?
When people talk about Bitcoin, they often overlook one key thing.

Amid Geopolitical Turmoil, Tokenized Gold Emerges Alongside Round-the-Clock On-Chain Markets
When the stock market is closed, the on-chain becomes the sole trading and pricing outlet.

Who Longs War on Polymarket?
The Rug Pull War rages on, with the potential to earn up to 4x gains on your bet

4 AI Trading Strategy Lessons from WEEX Hackathon Finalist
Finalist Bambi shares how AI tools helped turn real trading experience into an automated strategy, why survival-first risk control shaped the system’s design, and how the approach will evolve ahead of WEEX AI Trading Hackathon Season 2.

Hong Kong Crypto Ecosystem 2.0: Stablecoins, RWA, and the New Battleground for Financial Institutions
Hong Kong is no longer just a bystander in the cryptocurrency industry, but may become the core hub of the compliant cryptocurrency market in the Chinese-speaking world and even the entire Asia-Pacific region.

Polymarket Arbitrage Bible: The Real Gap is in the Mathematical Infrastructure
While retail investors are still engaged in simple probability addition, top quantitative teams are systematically harvesting millions of dollars in arbitrage profits on Polymarket using hardcore mathematical infrastructure such as integer programming and Bregman projections.

Crypto Barbarians Jupiter Series: Still Owes the Market an Answer
This entrepreneurial team from Singapore and Malaysia has indeed demonstrated its product execution capabilities to the market over the past three years, but they have also fully arbitraged every regulatory gray area with their business logic.

Bank Card Payment vs. Stablecoin Payment: Which is More Suitable for AI Agents?
Using bank cards to serve humanity and relying on stablecoins for high-frequency micro-trading with machines: Setting aside camp biases, a mixed payment architecture is the ultimate goal of AI entities in business.

Zuck is really out of touch! He actually acquired a dated Lobster-based social platform?
The asset pool Meta can now touch is not on the same level as it was in 2012

Key Market Information Discrepancy on March 11th - A Must-See! | Alpha Morning Report
1. Top News: Iran Reportedly Plants Mines in the Strait of Hormuz, Trump Warns of "Unprecedented" Military Strike
2. Token Unlock: $IO

How to Deal with Trump? Accept this "Art of the Deal Playbook"
The U.S. macro research firm The Kobeissi Letter deconstructs its "10-Step Conflict Pattern": Verbal Pressure, Friday Night Raid, Market Triple Bottom Exploration, Conditional Downgrade... concluding with a single "trade" paper.

AI Computing Power Arms Race Intensifies: This Startup Aims to Mine Bitcoin in Space
The next battleground for AI computing power is extending into space, gradually becoming a new frontier in commercial storytelling.

Claude Code launches the /btw feature, Musk X Money set to launch soon, what's the English community talking about today?
What have foreigners been most interested in over the past 24 hours?

Polymarket Arbitrage Bible: The Real Edge is in the Math Infrastructure
Predictive Market-Making Quantitative Arbitrage Logic.

What Is OpenClaw? How The AI Agent Could Automate Crypto Trading Through APIs
OpenClaw is a rapidly growing AI agent on GitHub that can automate tasks and even execute crypto trades through exchange APIs. Learn how OpenClaw works, how it connects to exchanges, and the risks traders should understand before using AI trading agents.
What are the common traits of people who founded a $5 Billion+ company before the age of 23?
Trauma, Neurodiversity, Cross-Domain Skills. These characteristics, which may appear as "flaws" on a traditional resume, could instead be the most important signals
Why Hasn't $160 Billion Stripe Gone Public?
The Rise of Private Placements, with Companies like Stripe Rewriting Fundraising Logic.
All the AI News You Need to Know is Here, Lyrical Officially Launches AI News Feed
Users can access key information in real time without switching pages
Bitwise: Why Bitcoin Is Destined to Impact a Million Dollars?
When people talk about Bitcoin, they often overlook one key thing.
Amid Geopolitical Turmoil, Tokenized Gold Emerges Alongside Round-the-Clock On-Chain Markets
When the stock market is closed, the on-chain becomes the sole trading and pricing outlet.
Who Longs War on Polymarket?
The Rug Pull War rages on, with the potential to earn up to 4x gains on your bet