TLDR

  • The price of BTC is testing a rising support that has been holding multiple times since mid-2025.
  • The decreasing sell volume indicates that the pullback might be consolidation rather than a trend reversal.
  • A bullish MACD cross on the 3-day chart signals a possible momentum shift.
  • The Fibonacci retracement zone supports recovery targets towards $92K–$100K.

After a sharp correction from the late-2025 highs, the Bitcoin price is consolidating, and the price is now testing a crucial support zone. Technical analysts note that despite the recent volatility, the structure remains constructive. If the key levels hold, upside targets towards $100,000 and beyond remain in focus as 2026 approaches.

Bitcoin Price Holds Rising Support in Bullish Structure

According to analyst Broke Doomer, the 30-day chart shows the Bitcoin price pulling back within a broader uptrend instead of entering a bearish phase. The price is testing a rising support line that has held multiple times since mid-2025. Each previous touch of this level resulted in a significant bounce.

Moreover, the volume has been declining during the pullback, suggesting that the selling pressure might be weakening. The lack of a decisive breakdown is regarded as a positive signal. Analysts often interpret such behavior as consolidation rather than distribution.

In addition, historical Bitcoin price cycles show similar pauses before renewed expansion. As long as this rising support remains intact, the structure favors higher prices. A confirmed rebound could initially target the upper channel near $100,000, while a failure would risk deeper retracement.

MACD Signal Suggests Momentum is Turning

Meanwhile, analyst Ted highlighted a bullish development on the three-day BTCUSD chart. The MACD has shown a bullish cross similar to the one seen in April 2025. That earlier signal preceded a multi-month towards new highs.

Furthermore, the current cross appears after an extended advance and a healthy . This context strengthens its relevance, as MACD reversals often signal trend continuation rather than exhaustion. The histogram shifting towards positive territory supports this view.

Additionally, Bitcoin dominance near 50% indicates room for capital rotation without undermining BTC leadership. If momentum builds, the price could reclaim the $90,000 level and challenge the $100,000 zone. Sustained closes above resistance are still needed to confirm the signal.

Fibonacci Levels Point to Recovery

According to analyst Greeny, Fibonacci retracement levels offer further insight into the current consolidation. The price has retraced into the 0.618 to 0.786 zone, an area often referred to as a value region during bull markets. Consolidation near these levels might precede a recovery move.

Moreover, the analysis suggests a possible liquidity sweep below recent lows before a . Such moves are common in Bitcoin’s corrective phases and often occur on low volume. A rebound from this area could target the golden pocket near $92,000 to $95,000.

In addition, a break above the descending channel would strengthen the bullish case. That scenario opens the path $100,000 and potentially higher extensions. A sustained move below the retracement zone would weaken this outlook and shift focus towards lower supports.

The Bitcoin price remains at a technically significant juncture as multiple indicators converge near support. The broader trend structure, momentum signals, and retracement levels all suggest the correction might be maturing. Market confirmation in early 2026 will determine whether the next major advance unfolds.