Bitcoin (BTC) is once again under the spotlight as it attempts to push beyond a major technical barrier that could determine the trajectory of its next big move. On-chain analyst Ali recently highlighted on X that the world’s leading cryptocurrency is encountering a cluster of resistance levels between $88,000 and $91,000, including three critical technical indicators that traders are closely watching. Technical Resistance Converges at Pivotal Price Range According to Ali, Bitcoin’s price is currently grappling with three formidable resistance markers: the 200-day moving average (MA), the 100-day MA, and the midpoint of a broader consolidation channel. This confluence of resistance is significant, as it represents both a psychological and technical hurdle that BTC must clear to resume its bullish trend. #Bitcoin $BTC is facing multiple resistance layers between $88,000 and $91,000, including: – The 200-day moving average – The mid-level of the consolidation channel – The 100-day moving average pic.twitter.com/HPFsPXB4xI — Ali (@ali_charts) April 22, 2025 The 200-day MA, in particular, is a long-term indicator that often signals whether an asset is in a broader uptrend or downtrend. Bitcoin reclaiming this level would suggest renewed long-term bullish momentum. Meanwhile, the 100-day MA reflects medium-term trader sentiment, and its alignment with this resistance zone adds to the complexity of the breakout effort. The mid-level of the current consolidation channel acts as an additional technical checkpoint, providing context for Bitcoin’s recent price behavior. BTC has been ranging within this channel, and failure to decisively break above the midpoint could lead to another period of sideways movement or even a temporary pullback. Market Sentiment and Macro Landscape While Bitcoin’s fundamentals remain robust, buoyed by increasing institutional adoption, expanding ETF inflows, and growing interest in the crypto economy, technical headwinds are giving traders pause. The cryptocurrency has recently faced rejection near this resistance band, indicating that sellers are defending this level aggressively. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 At the same time, macroeconomic factors, including uncertainty around Federal Reserve policy and global economic conditions, have also injected volatility into the crypto markets. Any dovish signals from central banks could catalyze BTC to pierce through these resistance levels. What to Watch Moving Forward If Bitcoin manages to break above $91,000 with strong volume and momentum, it could clear the path for a new leg higher, potentially retesting or even surpassing its previous all-time highs. Conversely, failure to conquer this zone could prompt a consolidation phase or a deeper correction, with support likely emerging around the $82,000 to $84,000 range. Investors and traders alike should monitor the price action closely, particularly around these moving averages. A decisive breakout or breakdown will offer crucial signals for the broader market trend heading into the second quarter of 2025. As highlighted by Ali, these resistance layers form a key battleground for Bitcoin’s next major move. Whether BTC breaks through or bounces downward will likely set the tone for sentiment across the entire digital asset market. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Bitcoin (BTC) Battles Key Resistance Zone. Here’s The Implication appeared first on Times Tabloid .