Bitcoin Faces Key Resistance at $95,000 as Analysts Predict Healthy Pullback

As Bitcoin (BTC) flirts with the upper $90,000 range, market analysts remain divided over whether the recent rally is sustainable or due for a pause.

As Bitcoin (BTC) hovers in the upper $90,000 range, crypto analysts are assessing whether the recent rally is poised for further gains or a short-term pullback.

According to a new analysis by crypto analytics firm Swissblock, BTC is currently encountering a critical resistance level at $94,000–$95,000.

Unless Bitcoin manages to break through this resistance decisively, the analysts suggest that a short-term correction could be likely.

“Bitcoin’s next logical move could be a pullback to gain momentum for an authentic rise,” the firm stated.

$94K–$95K zone is clearly the resistance to beat.

🔹A pullback to gain momentum seems like the next logical move, but how far?

The $89K–$90K zone could be next to test bulls, but with BTC’s structure strength, these dips are for buying.

Follow the move with us! pic.twitter.com/VbloG8KEzM

— Swissblock (@swissblock__) April 24, 2025

$89K–$90K Seen as Key Support and Entry Zone

The analysis further identifies the $89,000–$90,000 range as a potential support zone and buying opportunity if Bitcoin fails to push higher in the near term.

“The $94,000–$95,000 zone is clearly a resistance that needs to be overcome,” analysts wrote. “A pullback seems like the next logical move to gain more bullish momentum, but for how long?”

SEE ALSO: How To Invest In Bitcoin According To Former Goldman Sachs Executive

Swissblock highlighted that Bitcoin’s overall structural strength remains good, and any dips into support zones should be viewed as strategic entry points for investors looking to accumulate.

World macroeconomic and political conditions, along with regulatory developments, continue to influence cryptocurrency markets.

As institutional and retail traders navigate this volatile landscape, their short-term moves and preferred trading styles are being closely monitored.

Swissblock's outlook on Bitcoin maintains a measured bullish stance. While a key resistance level still stands in the way, a temporary retreat could serve as a springboard for Bitcoin's next leg higher—provided that bulls manage to defend key support levels.