Bitcoin’s upward momentum appears to be stalling just short of its all-time high, with analysts cautioning that failure to break through current resistance levels could delay further gains.
According to market analyst Jason Pizzino, the world’s largest cryptocurrency is showing signs of hesitation after multiple failed attempts to close above the $105,000 mark—a key technical level based on recent price patterns.
Over the past several days, Bitcoin has remained confined within a tight band between $94,000 and $105,000, suggesting increasing pressure and indecision among traders.
The concern, however, lies beneath the surface. Pizzino highlights a cluster of support zones in the low $90,000s, particularly between $91,000 and $94,000. If Bitcoin were to lose footing in that range, he warns it could trigger a deeper correction and weaken the bullish trend that has defined most of 2025.
Still, the outlook isn’t entirely bleak. If BTC manages to stabilize above those critical support levels through May, it could signal renewed strength—and open the door to another rally attempt toward uncharted territory.
At press time, Bitcoin is hovering around $102,274, roughly 6% below its January peak. The coming weeks may prove pivotal for whether this is merely a pause—or the start of a broader pullback.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/market/bitcoin-faces-critical-test-as-price-stalls-below-record-high/