Is This the Higher Low Bulls Need?

As Bitcoin approaches a significant juncture, it is currently consolidating just above a critical weekly demand zone, with prices settling around $91,358 in early trading. Recent market conditions have seen a tightening of volatility and shifts in liquidity pockets, leading traders to closely monitor whether BTC can construct a definitive higher-time-frame higher low—a bullish signal that often precedes a resurgence toward its all-time highs. Conversely, if demand falters, this situation could signal the first structural breakdown, prompting a potential decline below the $85,000 threshold.

A Crucial Retest of Weekly Demand

At present, Bitcoin is retracing to test the $89,500–$92,000 weekly demand zone—an area that previously functioned as a launching pad for its breakout past the $95,000 mark earlier this year. With the price currently hovering around $91,358, BTC finds itself at the midpoint of this demand pocket, where buyers have historically displayed robust spot-driven momentum.

This demand zone is pivotal, representing the last defended higher low on the weekly chart. Maintaining a price point above $89,500 is essential for preserving the bullish structure on higher time frames. A significant rebound from this region could potentially push the price back up toward $93,800, and subsequent resistance trials at $95,200, a level at which sellers previously stalled the last rally.

However, a high-volume breakdown beneath $89,500 would shift this demand zone into a supply zone, opening the door for a corrective move toward $86,700, which stands as the next major weekly support.

Technical Structure: Bulls Need Momentum Soon

Across higher time frames, momentum indicators are hinting at diminishing demand, yet the structure remains bullish as long as Bitcoin can maintain a higher low above $89.5K. Spot flows appear to have slowed, while derivative positioning remains neutral, setting the stage for a potentially explosive move as liquidity gets unwound on either side.

Notably, the BTC price has recently breached the ascending trend line that has served as strong support since July 2024. Although bulls have made attempts at a rebound, the momentum has thus far been insufficient to breach the established range. Interestingly, the weekly RSI has approached lower thresholds for the first time since December 2022, suggesting a potential exhaustion in the recent rally. A significant rebound coupled with sustained upward momentum seems necessary. For bulls to regain confidence, Bitcoin will need to clear resistance within the $93,000 to $97,000 range.

Key Technical Levels to Watch:

• Immediate Support: $90,200
• Weekly Demand Floor: $89,500
• Bounce Targets: $93,800 → $95,200
• Bull Trigger: H4 reclaim of $93K accompanied by rising spot volume
• Bear Trigger: Weekly close below $89,500

What Traders Are Watching Next

Market participants are keeping an eye on:

• Spot CEX inflows/outflows to confirm whether real buying pressure is returning.
• Liquidity clusters around $90,000 and $93,000, which are likely candidates for being cleared before market direction is established.
• A low-volume pocket positioned above $94,000, which could enable rapid expansion if bulls regain strength.
• The macro calendar, as a week with light data suggests that technicals and liquidity behaviors will dominate short-term movements.

Many traders are also speculating that BTC may require one additional sweep below $90K to solidify the formation of a weekly higher low.

Conclusion

Bitcoin is at a critical decision point. Sustaining the $89,500–$92,000 demand zone will help solidify a higher-time-frame higher low and potentially reopen the path toward $95K and beyond. However, a failure to maintain this zone risks a more profound retest of $86,700, challenging the framework of the broader bullish market structure.

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