Bitcoin’s $94K Resistance Test: Support Levels, Breakout Targets & 2025 Outlook
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: May 02 2025Bitcoin's Current Trading Status: Bitcoin is trading near $94,000, facing significant resistance after breaking a long-term descending trendline, with key support at $92,921 and potential retracement risks toward $88,000 if this level fails.
Fractal Cycle Analysis: Analysts suggest Bitcoin remains in the markup phase of its four-year fractal cycle, with projections indicating a peak around late 2025, while historical patterns show no signs of structural failure.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
