Is the adjustment over? Is the trap rising? Why is attention focused on whether Bitcoin (BTC) will break through $90,000?

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The current price of Bitcoin is $88,178, and considering its historical resilience and expert predictions, the overall outlook is cautiously optimistic.

In the short term, investors should carefully observe the support level at $83,000 and the resistance level at $90,000. These levels are likely to shape market sentiment.

To overcome the bear market, it needs to surpass $91,000-$92,000

On Easter Sunday in 2025, Bitcoin reached $84,600, marking its highest level on this holiday in 17 years. According to the report by DocumentingBTC, Bitcoin has shown unparalleled resilience and adoption, rising from $0 in 2009-2010 to $84,600 in 2025.

Bitcoin dominance (BTC.D) has also reached its highest point in 4 years. However, experts are divided on whether an altcoin season is approaching.

Julio Moreno, Research Director at the on-chain crypto platform CryptoQuant, shared on X that Bitcoin's price resistance could be between $91,000 and $92,000. According to the analysis, in bull markets (bull score ≥ 60), this realized price often acts as support, while in bear markets (bull score ≤ 40), it acts as resistance. The current market is still considered to be in the latter scenario.

Bitcoin Bull Score Index. Source: jjcmoreno
Bitcoin Bull Score Index. Source: jjcmoreno

In another analysis, CryptoQuant suggests that the market is more likely experiencing a typical correction rather than entering a full bear market cycle. This view aligns with Bitcoin's current price of $88,178, which is slightly below the recent high but still above major support levels.

Difference Between a Bear Cycle & Typical Correction. Source: CryptoQuant
Difference Between a Bear Cycle & Typical Correction. Source: CryptoQuant

Analyst Mark Cullen is particularly skeptical about the $83,000 level. If Bitcoin falls below this level, the market may show a stronger bearish reaction.

"Bitcoin's $90,000 liquidity is still valid. However, I don't think the $83,000 level is safe. It's more likely that the lows from last Sunday and Wednesday will be broken first," Mark Cullen said.

According to a recent BeInCrypto report, Bitcoin is aiming to break through $90,000, driven by increasing momentum in the derivatives market. Breaking this level could signal a new bullish wave, potentially driven by bottom buyers and derivatives traders.

Long-term Potential... Bull Market Future?

Looking at the long-term outlook, experts are optimistic about Bitcoin's trajectory.

"Seriously, guys, this might be the last chance to buy Bitcoin below $100,000," shared Arthur Hayes, co-founder of BitMEX on X.

Robert Kiyosaki, author of Rich Dad Poor Dad, posted that he is confident Bitcoin's price will reach $180,000 to $200,000 by the end of 2025.

Bitcoin's historical resilience supports this bullish outlook even after corrections. For example, after falling to $27,931 on Easter Sunday in 2023, BTC significantly rebounded to $84,600 by 2025. This recovery pattern aligns with analysts' views that corrections are healthy for long-term growth.

The Fear and Greed Index can also influence investor behavior. High index values (indicating greed) often signal bullish sentiment and could push Bitcoin above $90,000.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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