Bitcoin Eyes Next Peak After Dip, But Key Level Blocks View
Bitcoin corrected almost 4% over the past 24 hours before bouncing back above $102,100 at press time. Even with a roughly 9.7% loss over the last 30 days, a cluster of market signals — from improving on-chain flows to oversold technical readings — are lining up in a way that suggests a possible bottom may be taking shape. That shift has traders and longer-term holders watching for higher lows and reduced selling pressure.
Upside, however, is not guaranteed. A key resistance band in the mid‑$100k range sits between the current price and prior peaks; a decisive break above that area would strengthen the case for a trend reversal, while failure to clear it could extend consolidation or lead to further pullbacks. Market participants will be watching liquidity, derivatives metrics and macro headlines as catalysts for the next move.