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is a higher low the launchpad to new highs?

Nitin Gupta - Bitcoin - April 23, 2025
Bitcoin doesn't need a dollar crash to hit $200k: Hougan
Nitin Gupta Founder of LetsTalkWeb3.com, a full fledged media house for everything Web3.…
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Bitcoin has finally broken out of its long-standing bearish structure, offering a potential shift in market sentiment. The coming days will be key as price approaches a major resistance zone that could dictate the next move.

Bitcoin (BTC) decisively broken out of the descending market structure that had been containing price action since the all-time high. For weeks, the pattern of consistent lower highs and lower lows signaled weakness and a continuation to the downside.

That trend has now been disrupted with the establishment of a new higher high. While this structural shift is significant, the current rally is approaching a critical high time frame resistance near $94,259, a region that includes the structural value area low, previous range top, and a respected daily support/resistance level.

Key points

Bitcoin has broken its bearish market structure for the first time since the all-time high.

Key resistance lies at $94,259, combining value area low, prior range, and daily S/R.

Volume remains below average, and a higher low may be required before continuation.

Bitcoin USDT Chart (1D) Source: TradingView

This resistance area is significant not only because of its technical confluences but also due to its psychological importance. A clean break and close above this level would confirm bullish continuation and open the path toward retesting the all-time highs.

However, if Bitcoin fails to breach this zone convincingly, we could see a rotation lower toward the $81,850 region, a level that now stands as a potential higher low. This would be structurally healthy and reinforce the idea that the recent high is the first in a new bullish sequence.

A retracement here would not invalidate the bullish outlook but rather support it, assuming price finds support above previous lows. The key will be whether the market treats the pullback as a buying opportunity or begins to slide back into the previous bearish trend.

The $81,850 level holds technical relevance as it aligns with the recent breakout zone and offers a natural area for a higher low to form. If respected, it would validate a clean market structure shift and fuel momentum for a stronger push upward.

One technical concern remains: volume. While the structure has shifted bullish, volume hasn’t confirmed the move. Breakouts are typically accompanied by a surge in participation, but in this case, volume has stayed below average. This means traders should remain cautious, watching not only price levels but also whether buyer momentum begins to support the breakout in the days ahead.

What to expect in the coming price action

If Bitcoin fails to break the $94,259 resistance, a short-term retracement toward $81,850 is likely. This move would still support a bullish higher low scenario, offering a chance for trend continuation. However, without a clear volume breakout, the market remains vulnerable.

Traders should monitor structure and volume closely to gauge whether this breakout has legs, or is just another deviation.



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tron
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bitcoin
Bitcoin (BTC) $ 104,275.94
ethereum
Ethereum (ETH) $ 2,398.22
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.37
bnb
BNB (BNB) $ 641.77
solana
Solana (SOL) $ 166.99
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.223226
cardano
Cardano (ADA) $ 0.732236
tron
TRON (TRX) $ 0.265468