Bitcoin’s Key Support and Resistance Levels to Watch

• BTC support is forming at $91K–$95K, aligned with SMA 111D.
• Resistance lies at $98K–$101K, where short-term holders may exit.
• A breakout or breakdown at these levels could define BTC’s next move.

Bitcoin is currently forming a strong support zone between $91K and $95K. This range aligns with the 111-day simple moving average (SMA 111D) at $95K and the Short-Term Holder (STH) Realized Price at $91K. These levels suggest that BTC may find strong buying interest here, as short-term holders have historically bought or sold around these price points.

Resistance Levels: $98K–$101K in Focus

On the flip side, Bitcoin faces resistance between $98K and $101K, where many holders might take profits. The key exit points for holders who have held BTC for one week to three months are at $98.2K and $100.8K, meaning selling pressure could increase in this range. If BTC can break above this zone, it could signal a continuation of the bull trend.

The nearest support zone for BTC is forming around $91K–$95K, where the 111-day moving average (SMA 111D at $95K) converges with the price at which short-term holders (STH) have realized their profits or losses (STH Realized Price at $91K).

The key resistance area is at… pic.twitter.com/OQytjK60Dh

— Axel 💎🙌 Adler Jr (@AxelAdlerJr) February 18, 2025

What’s Next for Bitcoin?

With BTC hovering between these crucial support and resistance levels, a decisive move in either direction could shape its next trend. If Bitcoin holds above $91K–$95K, a breakout above $101K becomes more likely. However, if it fails to hold, a deeper correction could follow. Traders should watch these levels closely in the coming days.

Final Thoughts

Bitcoin is consolidating within a well-defined price range, making $91K–$95K a key demand zone and $98K–$101K a crucial resistance area. Whether BTC can hold support or break resistance will determine its next major move.