Bitcoin (BTC) remains in a localized correction phase, as the market navigates regulatory uncertainty and macroeconomic pressures.
Despite multiple attempts to break higher, BTC has struggled to gain momentum, keeping price action range-bound. However, a breakout from this consolidation could reignite bullish sentiment, potentially pushing Bitcoin toward $107,000 in the coming weeks, as noted by analyst RLinda.
Technical outlook: Bitcoin key levels to watch
Bitcoin is consolidating within a tight range between $94,800 and $98,400, with a breakout from this zone likely to determine its next major move.
BTC price analysis chart. Source: RLinda/TradingView
A decisive push above $98,400 could shift market sentiment, potentially driving BTC toward $100,200, $102,700, and ultimately $107,000.
However, the broader technical outlook suggests that Bitcoin could first test liquidity at $91,000 and $90,000 before resuming an upward trajectory.
On the downside, $94,800 remains a c
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