Bitcoin continues to hover near the crucial $90,000 mark as traders closely watch technical support levels that could determine whether the next major move breaksBitcoin continues to hover near the crucial $90,000 mark as traders closely watch technical support levels that could determine whether the next major move breaks

Bitcoin Price Prediction: BTC Price Holds $90K Range as 21-Day MA Support Fuels Fresh Breakout Hopes

4 min read

After a brief pullback and swift recovery, Bitcoin (BTC) has settled into a narrow consolidation range, supported by steady volume and growing attention on the 21-day moving average. Analysts suggest this zone may act as a launchpad for renewed upside attempts if key resistance levels are challenged again.

Bitcoin Price Today Chart Shows Range-Bound Structure

The Bitcoin price today chart highlights a clearly defined range between roughly $87,000 and $91,000. While Bitcoin has yet to secure sustained acceptance above resistance, downside momentum has also remained muted, indicating balanced positioning rather than distribution.

Bitcoin was trading at around 89,962, up 0.89% in the last 24 hours at press time. Source: Bitcoin price via Brave New Coin

This sideways structure reflects a cooling phase following the strong rally earlier in the cycle, a pattern commonly seen when markets digest gains and liquidity rebuilds. Commenting on this behavior, crypto analyst Michaël van de Poppe noted on X that “Bitcoin is still stuck in the range, as a breakout upwards didn’t happen.” He emphasized that the market is now dependent on whether short-term support can hold, allowing another test of overhead resistance. These remarks align with broader market sentiment rather than serving as standalone confirmation.

21-Day Moving Average Emerges as Key Support

From a technical standpoint, the 21-day moving average near $88,500 has become a widely watched reference point for short-term momentum traders. Unlike longer-term indicators such as the 50-day MA, the 21-day MA often acts as a dynamic trend filter during impulsive moves, helping traders define continuation entries and invalidation levels.

Bitcoin consolidates below $91K as bulls rely on 21-day MA support to fuel the next potential upside breakout. Source: @CryptoMichNL via X

Bitcoin’s repeated reactions around this level reinforce its near-term relevance. However, analysts also caution that in range-bound or low-volatility environments, short-term moving averages can generate false signals. For this reason, confirmation through sustained volume expansion or higher timeframe closes remains critical.

Breakout Levels: $91K Could Decide Short-Term Trend

The $91,000–$91,200 resistance zone remains the most consequential level on the chart. Market participants broadly view this area as the dividing line between continued range trading and renewed upside momentum.

Bitcoin presses against the $91K breakout line as firm support near $87.4K keeps bulls in control, with a clean flip signaling momentum toward $93K. Source: @MerlijnTrader via X

Analyst Merlijn The Trader summarized prevailing sentiment by stating that “Bitcoin is knocking on the door,” highlighting support near $87.4K and noting that a successful flip of $91K into support could accelerate a move toward $93,000. Framed within a broader context, such commentary reflects trader expectations rather than guaranteed outcomes.

Importantly, any upside targets remain conditional. A clean breakout would require sustained acceptance above $91K, ideally accompanied by rising volume. Repeated rejection at this level, by contrast, would invalidate the bullish continuation thesis and favor prolonged consolidation or range expansion instead.

Multi-Timeframe Signals Support a Cautious Bullish Bias

Multi-timeframe analysis continues to lean cautiously constructive. On the daily chart, Bitcoin recently printed a strong green candle that tested the $90,000 psychological level, supported by higher-than-average volume, often interpreted as genuine participation rather than short-lived speculative interest.

Bitcoin maintains a bullish structure as strong volume drives price toward $90K, with continuation favored above the $89K flip zone and confirmation above $90,354. Source: essin20 on TradingView

On the 4-hour timeframe, Bitcoin has reclaimed the $89,000 level, which now acts as short-term support. The current pause near $90,438 appears consistent with healthy post-breakout consolidation rather than exhaustion. Meanwhile, lower-timeframe analysis suggests that a clean break above $90,354 could confirm continuation, while failure to hold $89,000 would weaken the near-term structure.

As long as Bitcoin remains above the $89K flip zone, the short-term Bitcoin forecast remains cautiously bullish, though confirmation remains essential.

Final Thoughts

Bitcoin’s ability to stabilize above key support while consolidating near $90,000 reflects a market that is resilient but still searching for directional confirmation. The 21-day moving average has emerged as a practical short-term pivot, frequently used by momentum traders to define trend continuation and risk.

Upside scenarios remain contingent on sustained acceptance above $91,000, which could reopen higher resistance targets. Conversely, repeated rejection or a loss of short-term support would favor extended range trading rather than immediate continuation. For now, Bitcoin appears to be building structure, with the next meaningful move likely determined by how the price behaves around these tightly contested levels.

Market Opportunity
Bitcoin Logo
Bitcoin Price(BTC)
$70,000.08
$70,000.08$70,000.08
-5.55%
USD
Bitcoin (BTC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details

Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details

The post Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details appeared on BitcoinEthereumNews.com. Japan-based Bitcoin treasury company Metaplanet announced today that it has successfully completed its public offering process. Metaplanet Grows Bitcoin Treasury with $1.4 Billion IPO The company’s CEO, Simon Gerovich, stated in a post on the X platform that a large number of institutional investors participated in the process. Among the investors, mutual funds, sovereign wealth funds, and hedge funds were notable. According to Gerovich, approximately 100 institutional investors participated in roadshows held prior to the IPO. Ultimately, over 70 investors participated in Metaplanet’s capital raising. Previously disclosed information indicated that the company had raised approximately $1.4 billion through the IPO. This funding will accelerate Metaplanet’s growth plans and, in particular, allow the company to increase its balance sheet Bitcoin holdings. Gerovich emphasized that this step will propel Metaplanet to its next stage of development and strengthen the company’s global Bitcoin strategy. Metaplanet has recently become one of the leading companies in Japan in promoting digital asset adoption. The company has previously stated that it views Bitcoin as a long-term store of value. This large-scale IPO is considered a significant step in not only strengthening Metaplanet’s capital but also consolidating Japan’s role in the global crypto finance market. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/japan-based-bitcoin-treasury-company-metaplanet-completes-1-4-billion-ipo-will-it-buy-bitcoin-here-are-the-details/
Share
BitcoinEthereumNews2025/09/18 08:42
BNB Chain Takes Lead in RWA Tokenization, Expert Sees BNB Rally to $1,300

BNB Chain Takes Lead in RWA Tokenization, Expert Sees BNB Rally to $1,300

                         Read the full article at                             coingape.com.                         
Share
Coinstats2025/09/18 14:40
‘Slam dunk’ case? The brutal killing of a female cop and her son

‘Slam dunk’ case? The brutal killing of a female cop and her son

Policewoman Diane Marie Mollenido and her eight-year-old son John Ysmael are killed over what police believe was a car scam
Share
Rappler2026/02/05 16:58