Bitcoin (BTC) faces a critical moment after touching $100,000. Technical analysts warn that the $95000 support for Bitcoin is the key zone to defend. Analyst Ali Martinez and other experts note that a break of this level could accelerate a broad correction. This situation puts institutional and retail investors who have driven ETF inflows on alert.
The main warning comes from technical indicators. According to analyst Ali Martinez, the corrective scenario toward $95,000 would activate if the 14-period weekly RSI falls below its 14-period SMA. Martinez also identifies $111,000 as historical support based on MVRV bands. Furthermore, analyst Toby Dawson identifies a bearish “head and shoulders” pattern. This pattern suggests potential drops below $100,000 if confirmed.
Is $100,000 really in danger, or is it just market noise?
The $100,000 level, along with the weekly exponential moving average (50 EMA), is described as the “last line of defense.” Losing this psychological zone is crucial. A more severe forecast was shared by analyst ‘MrParaBULLic’, who applies Elliott Wave Theory. He suggests BTC might be completing a fifth impulse wave. He warns that losing the critical support of $88,115 could trigger “cascade liquidations,” driving the price down to $34,932.
A break of the $95,000 support for Bitcoin would have serious implications. It could force massive liquidations of leveraged positions, amplifying volatility. Additionally, a severe pullback would test the confidence of institutional companies that have maintained exposure to BTC ETFs. Betting market sentiment has also shifted, with Polymarket now favoring a $95,000 target over $130,000.
Risk management becomes a priority in the short term. Investors are closely watching the weekly close. This close will validate if the RSI breaks its moving average and if the price manages to hold above the $100,000-$95,000 range. This operational milestone will determine if the technical correction solidifies or if Bitcoin manages to find new bullish momentum from this critical point.
