According to @glassnode, Bitcoin's current support levels are at $84.1K with approximately 40K BTC, $82.09K with about 50K BTC, and $80.92K with around 20K BTC. These levels serve as a near-term cushion for Bitcoin. Additionally, a significant resistance is developing around $95K, attributed to a growth of 12K BTC in investor cost basis clusters since March 24.

According to Trader Tardigrade (@TATrader_Alan), a potential Adam and Eve pattern is forming for Bitcoin, with a neckline identified at $95k. This pattern, if confirmed, could indicate a significant bullish breakout for $BTC, suggesting a strategic entry point for traders monitoring technical patterns.

According to Michaël van de Poppe, Bitcoin faced rejection at the $95K resistance level, suggesting a consolidation phase as liquidity on both sides has been absorbed. The market is likely awaiting the outcome of upcoming macroeconomic data and events, including the Summit, before making significant moves.

According to Michaël van de Poppe, Bitcoin is currently experiencing a phase of boring consolidation. He suggests that if liquidity is captured, the price could reach $95K, presenting a potential area for long positions. This analysis highlights a significant price level for traders to consider in their strategies.

According to Michaël van de Poppe, Bitcoin is currently experiencing a period of consolidation. He suggests that if the market captures liquidity, it may present a potential long position at the $95K price level. This indicates a possible upward movement once the consolidation phase resolves. Source: Michaël van de Poppe's Twitter.