Bitcoin Price Compresses Below $94K, But Possible Repeat Of 2025 Breakout Looms
After retreating from late-2025 highs, Bitcoin has
Bitcoin Price Chart. Source: @aganstwallst On X
Why Bitcoin Might Push To New ATHs
The $94,000 level has become the primary area determining Bitcoin’s current upward price action. Bitcoin’s price action tested this zone during an early January rally, briefly pushing toward $94,500 on January 5 before facing rejection and dropping back into correction. That rejection is now in the past, and the next priority is what Bitcoin might do once it finally secures a decisive break above this resistance.
The previous performance is a good reference point for what could follow a confirmed breakout. After Bitcoin cleared $86,000 during the prior consolidation last year, it pushed up for many months, eventually reaching a peak price of around $126,080. That move represented a gain of about 46% from the breakout level.
No two price movements can play out in exactly the same way, but the similarities between the current setup and last year’s structure suggest that Bitcoin may once again be building energy below resistance.
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If Bitcoin delivers a comparable expansion after breaking above $94,000, the projected upside targets would extend a little above $126,000 and lead to the creation of a new all-time high. Applying the same percentage move from $94,000 points to a potential advance to as high as $138,000.
Featured image from Pexels, chart from TradingView
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