Bitcoin Support Sits At $90,6K Short-Term Holder Realized Price – Expert Reveals Key Resistance Level
Bitcoin has been working hard to recover the $100,000 mark and has faced strong volatility and sales pressure since the weekend. The market remains uncertain as the Bulls try to defend critical support levels, while the Bears push for deeper corrections. Still, Bitcoin has shown resilience to be higher than the key price zones, which can determine the next big move.
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Top analyst Axel Adler shared key insights on X and showed that as of February 6, 2025, BTC’s most Key support level is $90.6K. Additionally, the price of another major support level is $97.2k, which is calculated from the price achieved by a one-to-three-month holder. These levels indicate where the recent buyers are targeting, which is critical for Bitcoin stability in the current merger phase.
As the market digests recent fluctuationsBitcoin’s ability to exceed these support levels may have laid the foundation for re-rallying. If BTC stays strong and increases demand, the loss exceeds $100,000 could trigger the push at its all-time high. However, losing these levels may cause further downward pressure. Investors and analysts are watching closely to see if Bitcoin can resume bullish momentum in the coming days.
Bitcoin indicator highlights liquidity levels
Bitcoin has experienced strong volatility since the weekend, with its price action swaying between key levels. After a sharp drop to $91,000, BTC quickly rebounded by $100,000 before settling around $98,000. Market sentiment remains fragile as fears of the trade war continue to shape price movements. Uncertainty surrounding global markets and economic policies has led to increased speculation, and investors are paying close attention to Bitcoin’s ability to stay ahead of the key support areas.
Top Analysts Axel Adler shares insights on Xhighlighting key technical levels that can define short-term trends in Bitcoin. As of February 6, 2025, the main support level is US$90.6k based on price indicators achieved by short-term holders. This level is the key price for short-term holders to get BTC, making it a powerful area of demand. Additionally, another key support zone is $97.2k, representing the price realized by short-term holders from one to three months.
In terms of resistance, Bitcoin is facing enormous supply pressure, i.e. $100.6K, which is the level of recent buyers’ concentrated entries. The range achieves price indicators through short-term holders for one day to one week to one month, a key obstacle to preventing BTC from rupture higher. If Bitcoin manages to recover and hold this level, the next target will be $105K or higher, opening the door to another attempt to discover the price.
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At present, BTC is still in the integration stage, with both the Bulls and the Bear fighting for control. If Bitcoin’s primary support level is higher than its key support level, a new bullish phase may appear, pushing the price to new highs. However, losing these areas could trigger another round of sales pressure that could bring BTC to a lower level of demand. The next few days are crucial to identifying the direction of the market.
Price Consolidation Demand Level: Can BTC be held?
After a few days of price action, Bitcoin was trading at $99,000, trying to recover $100,000. The market is still in the consolidation phase, with the Bulls trying to regain control, while the bears push for further flaws. Despite low demand, BTC has not yet established a solid breakthrough in key resistance areas.
The most critical support level that the Bulls hold is $98,000. Staying this level may have laid the foundation for the rally, as it turns out to be a strong demand zone for the recent conference. Successfully preventing $98K from giving buyers confidence to push the price above $100,000 is a psychological and technical level that must be recaptured to divert momentum to support the Bulls.
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However, not holding more than $98K will put BTC on an increased sales pressure. If the price loses $96,000, it may be possible to make deeper corrections to the lower demand zones, reducing BTC to $92,000-$94K range. Currently, traders are paying close attention to these levels as Bitcoin is still at a critical moment to determine whether the next move will exceed the all-time high or continue to fall back to the lower support area.
Featured images from DALL-E, charts from TradingView
