- Bitcoin is testing a crucial resistance level at $106,800 after a strong rebound, but whale activity and mixed signals suggest caution ahead.
- Holding the $100,000–$103,000 support range is vital to avoid a potential correction as time becomes critical for a sustained breakout.
A V-Shaped Comeback Faces a Brick Wall
Bitcoin is on the move again, surging toward the $107,000 mark in a dramatic V-shaped recovery that has caught many traders off guard. Yet, despite the momentum, a critical resistance level at $106,800 stands firm—a line BTC has failed to break for nearly seven months.
Prominent crypto analyst Kevin, who shared insights with his Patreon community, called this a “make-or-break” moment for the world’s leading cryptocurrency. He emphasized that Bitcoin’s ability to crack this level could define whether it continues its 2025 rally—or stalls once again.
$100K–$103K: The New Floor or a Trapdoor?
According to Kevin, the $100,000–$103,000 range has become Bitcoin key support zone. Holding this level is essential. “If this breaks, we’re looking at a potential prolonged correction,” he warned.
Despite a 5.5% rebound from local lows, Kevin sees mixed technical signals. “The 4-hour Market Cypher shows increasing money flow, but it’s still negative,” he noted. Even more concerning: the whale money flow indicator has entered its upper range, a zone that often signals distribution, or selling, by large holders.
Time Is Ticking – Will the Bulls Act Fast Enough?
Kevin believes time is now a critical factor. “If we don’t break this resistance soon, buyers will lose steam,” he said. With thin liquidity and repeated rejections, the bullish narrative could collapse quickly.
Still, there are two macro tailwinds:
- A hash ribbons buy signal triggered three weeks ago.
- A strong 5-year correlation with global liquidity trends, still pointing upward.
Yet Kevin cautions, “All the bullish indicators in the world don’t matter without real money flow.”
Final Word: Prepare for Both Outcomes
Bitcoin’s fate now hinges on what happens next at $106,800. Breakout—or breakdown?
“We’ll continue to treat resistance as resistance — until it isn’t,” Kevin concluded. “Stay smart, stay unbiased, and always be prepared for both outcomes.”
