Bitcoin News: Bitcoin Bitcoin Stalls at $92K, Can BTC Clear Resistance or Is Another Drop Coming?

Bitcoin’s rebound from last week’s multi-month low is losing steam near the $92,000 mark, but analysts say the short-term trend still favors the upside — if buyers can regain key levels and restore market participation.Bitcoin is trading around $91,400, consolidating within a narrow band after climbing more than 13% from its $80,000 bottom.Bitcoin Must Reclaim $94K–$95K to Flip the TrendBTC has spent the past several days in a tight range between $90,300 and $92,000, according to TradingView data.Swissblock, a private wealth manager, says the real breakdown began when Bitcoin lost its yearly open at $93,300, calling it a “true trend shift.”The firm now identifies two critical zones:• Defensive zone: $83,000–$85,000BTC must hold this area to prevent a deeper correction.• Reversal zone: $94,000–$95,000Only a clean reclaim of this range would flip the trend bullish again.Glassnode’s cost-basis heatmap reinforces this view. Roughly 500,000 BTC were accumulated between $93,000 and $96,000, forming a dense supply cluster that must be absorbed before Bitcoin can regain momentum.The next major barrier sits between $100,000 and $108,000, where new buyers from the last peak are likely to sell into strength.Glassnode summarized the setup:“Breaking above the top-buyers’ supply clusters is a key prerequisite for regaining momentum toward a new all-time high.”Spot Volume Weakens as Transfer Activity Falls 20%Price alone is not the obstacle. Participation is.Bitcoin’s on-chain transfer volume declined nearly 20% this week to $87 billion (7-day MA), showing weaker economic activity on the network.Spot exchange trading volume has fallen to $12.8 billion, well below the surges that historically accompanied breakout rallies.Notably, BTC’s push back above $91,000 happened without a corresponding rise in spot activity, signaling reduced investor appetite and limited speculative energy.This divergence suggests Bitcoin lacks the trading momentum required to clear the $92,000–$95,000 resistance band.CVD Signals Early Signs of RecoveryDespite sluggish spot volume, market structure may be shifting.Glassnode data shows that Bitcoin’s taker cumulative volume delta (CVD) — an indicator of aggressive buying vs. selling — has moved back toward neutral after spending weeks in negative territory.If CVD turns decisively buyer-dominant, analysts expect a recovery phase similar to May–July, when BTC climbed 32% to its former all-time high of $123,000.What Bitcoin Must Do NextFor Bitcoin to avoid another sharp drawdown and re-establish a path toward six-figure prices, three conditions must align:Reclaim $94,000–$95,000 to confirm a trend reversal.Break $97,000–$98,000, which traders see as the first true confirmation zone.Witness a decisive return of spot market volume supporting a move to $100,000.Until then, Bitcoin remains range-bound and vulnerable to renewed selling pressure.