Bitcoin is showing new signs of strength after its sharp decline, with buyers taking a step back and momentum shifting to the upside. With the price regaining key support levels, the path to the major disequilibrium zone at $98,000 is now back on the table, but the bulls have yet to prove this. bounce back has real conviction.
FVG filled, bearish OB tagged – what comes after the perfect hit?
Crypto analyst Crypto Patel, in a recent market updatenoted that Bitcoin has now taken an important technical step by filling the Fair Value Gap (FVG) and directly responding to the Bearish Order Block, exactly as previously projected. He highlighted that traders who avoided short positions in the $81,000-$85,000 region and instead positioned themselves on the upside likely had a clean and predictable long setup.
With that phase complete, the focus shifts to Bitcoin’s next big target. Patel highlights the FVG of $96,800-$98,000 as the upcoming high time frame disequilibrium zone. From a broader perspective, Patel still expects Bitcoin to make a move towards the $98,000 zone before a significant corrective trajectory unfolds. This is in line with its macro outlook, which still favors one last upward move in that region before momentum weakens again.
However, he also outlines a clear debunking point for the bearish bias. A sustained high above $107,550 would completely negate the existing bearish market structure. Such a breakout would mark the beginning of a new bullish phase for Bitcoin, potentially paving the way for a new all-time high trend.
Promising jump as BTC defends the $90,000 support zone
According to According to The Boss, Bitcoin’s latest price action is showing the first signs of strength. After the sharp decline, BTC reacted strongly to local support and managed to push back above the $90,000 level, indicating that buyers are stepping in with renewed confidence. The chart now reflects a stable support zone that can withstand downward pressure.
Part of this recovery appears to be driven by improving macro sentiment. Softer expectations surrounding Federal Reserve tightening, a rise in overall risk appetite, and a shift back toward risky assets are all contributing to Bitcoin’s recovery effort.
From a technical perspective, The Boss notes that Bitcoin will need to hover above $90,000-$91,000 to form a meaningful upside wave from this base. However, caution is still advised. Without clear confirmation from momentum indicators and sustained trading volume, the current move has the potential to be limited. The possibility of a dead-cat bounce remains on the table, especially after such an aggressive sell-off.