Bitcoin Price Faces Heavy Sell Pressure Near $94,000—Is the BTC Rally Losing Momentum?

After printing consecutive bullish candles, the Bitcoin bulls are facing some resistance, which is causing the price rise to stall. The token has been attempting to break the $94,000 barrier consistently since December but has thus far been unsuccessful. With this, it could appear that the momentum could be cooling off, but the BTC price

Source: X

As seen in the above chart, after breaking the decisive symmetric triangle, the BTC price faced resistance between $93,500 and $94,500. The RSI and the OBV also displayed a sharp bearish divergence along with the price. This suggests the bullish momentum has stalled, and as the CMF remains under 0, no major liquidity is supporting the upswing. Therefore, the Bitcoin price is believed to remain consolidated below the resistance zone but defend the support zone at the 50-day MA around $89,200.

The Bottom Line

From a trading perspective, Bitcoin remains capped below the $94,500–$95,000 supply zone, where repeated sell absorption is visible on the order-flow heatmap. A sustained break and acceptance above this region could open the door toward $98,000, followed by the psychological $100,600 level. On the downside, failure to hold $92,000 would expose BTC to a deeper pullback toward $90,400 and potentially $88,800, where buyers have previously stepped in. Until one of these levels gives way with volume, Bitcoin is likely to remain in a range-bound, high-volatility environment.

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