Bitcoin Stalls Below Record High, Facing Critical Test

Bitcoin's upward momentum appears to be stalling just short of its all-time high, with analysts cautioning that failure to break

Bitcoin’s upward momentum appears to be stalling just short of its all-time high, with analysts warning that failure to break through current resistance levels could delay further gains.

As the world’s largest cryptocurrency trades below the $105,000 mark, market analyst Jason Pizzino observed that Bitcoin is showing signs of hesitation.

According to Pizzino, recent price patterns suggest a key technical level at $105,000, which Bitcoin has made several attempts to close above but ultimately failed to do so.

Over the past several days, Bitcoin has remained confined within a tight band between $94,000 and $105,000, which is a sign of increasing pressure and indecision among traders.

The concern, however, lies deeper. Pizzino points out a cluster of support zones in the low $90,000s, particularly between $91,000 and $94,000.

If Bitcoin were to lose footing in that range, it could trigger a deeper correction and weaken the bullish trend that has defined most of 2025.

However, if BTC manages to stabilize above those critical support levels through May, it could signal renewed strength—and open the door to another rally attempt toward uncharted territory.

At press time, Bitcoin is trading at around $102,274, down about 6% from its January peak. The coming weeks may prove pivotal for whether this is merely a pause—or the start of a broader pullback.