Bitcoin Price Today: BTC Price Holds $96K Support While Bulls Wait for a Break Above $103K to Regain Momentum

Bitcoin's market structure still favors a rebound toward the $101K–$103K zone, supported by strong trading volume and a market cap above $1.8 trillion, despite short-term uncertainty. A key focus is the open CME futures gap near $92,000, which analysts suggest Bitcoin may fill before any significant bounce. Bearish traders anticipate a deeper probe to $92K or $88K–$90K, which is identified as crucial trendline support. However, higher timeframe indicators, including liquidity sweeps and high-volume rejection wicks, suggest stabilization and potential re-accumulation. The 1H timeframe shows early signs of a structural support and accumulation pattern, setting potential upside targets between $101K and $104K, provided the price invalidates below $94,180. Overall sentiment is mixed, but institutional ETF demand remains consistent, supporting the constructive long-term outlook if key support levels hold.

(Source：Brave New Coin)