Crypto News Today: Will Bitcoin Price Break Through $95K? Key Insights into BTC Price Action

Since April 22, the Bitcoin price (BTC) has operated within a limited price bracket between $91,700 and $94,490 as market participants monitor its significant movement. Based on current market signals, which indicate potential changes to BTC’s price, experts remain uncertain when price consolidation will end. A significant price change might be coming after this brief period of stability.

Why Is Bitcoin Price Consolidating?

The market displays minimal activity as traders cannot predict if Bitcoin will start an upward surge or keep its present stability pattern. Expert analysts monitor the continuous Bitcoin price consolidation, which shows no sign of ending despite enduring for several days. Open interest in Bitcoin futures continues to rise while negative funding rates exist, which presents a possible breakout condition in the market.

Image 1- Bitcoin open interest and funding rates, provided by Glassnode, April 25, 2025.

Crypto trading participants currently show positive evidence for Bitcoin price decreases through the appearance of negative funding rates in futures markets. Markets could experience a short squeeze as rising BTC contract demand suggests increased participation in market trades. The growing disparity between Bitcoin futures open interest and negative funding rates can create an intense upward price movement based on Glassnode analysis. Rapid price appreciation in the market drives traders who bet on asset declines to close their short positions, pushing prices up even further.

Can BTC Break Through $95,000 Resistance?

Multiple experts are particularly focused on the $95,000 price barrier since it represents a crucial hurdle for Bitcoin. The price level at $95,000 has become an impregnable barrier for Bitcoin traders who monitor the market. If Bitcoin passes above its current resistance zone at $95,000, it will reach the highly sought-after $98,358, or $100,000.

Chart 1- BTC/USD, provided by AlphaBTC, published on X, April 25, 2025

Most analysts, such as AlphaBTC and Jelle, think Bitcoin will remain in the $93,000-$95,000 range until it achieves a definitive price rise above the $95,000 resistance. Authors at AlphaBTC perceive this consolidation range to establish a base that Bitcoin needs to accumulate strength before reaching the $100,000 target. Jelle states that Bitcoin might start a rally when it surpasses the $94,000 resistance level.‘’The time when Bitcoin finally escapes its current price range remains uncertain,’’ he added.

Chart 2- BTC/USD, provided by Jelle, published on X, April 25, 2025.

Multiple market participants observe Bitcoin’s potential forthcoming breakout during the final days of April. QCP Capital data from end-of-April and May call options valued at $95K indicates investors are strategically positioned to benefit from additional upward trends. Investors are strategizing for a substantial market advancement soon. Present conditions of reduced macroeconomic threats and lower trade tensions allow Bitcoin to find a potential activation point that surpasses $95K.

Conclusion: Is Bitcoin’s Breakout Imminent?

According to certain analysts, the market displays characteristics that make its future difficult to predict. Multiple elements may prolong the Bitcoin price consolidation period just before it breaks out of its current range. The market uncertainty regarding Bitcoin’s potential to keep rising or relapse into another stagnation period remains high.

The crypto market has become tense as Bitcoin trades between $91,700 and $94,490. Analysts and traders observe the cryptocurrency market with intense attention while the price shows resistance to surpass $95,000. The cryptocurrency must surpass resistance before achieving major gains because negative funding rates combine with growing open interest to indicate short squeeze potential. The forthcoming direction of Bitcoin depends on vital market variables, and all market observers are eagerly waiting for the next few days to see if their predictions will prove accurate.

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