Ugly Candle Fails to Derail Bitcoin’s $95K Target
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Bitcoin Wyckoff analysis paints a grim picture for bulls as a “distribution phase” implies that $100,000 support may not be safe.
Bitcoin price momentum weakness is leading to lower targets, with Wyckoff analysis warning that $100,000 support may fail.
The push to $122,000 currently looks “ugly” thanks to a rejection on daily time frames.
Attention continues to focus on the CME gap near $117,500.
Bitcoin risks breaking its bull run early as a sub-$100,000 BTC price target emerges.
The latest market analysis from traders, including ZAYK Charts, published on Tuesday, warns of an ongoing “distribution phase” for Bitcoin.
BTC price Wyckoff schematic eyes “$95,000 zone”
Bitcoin is not immune to losing $100,000 support, with the price struggling to hold ground above old all-time highs from earlier in 2025.
ZAYK Charts said that the door is open to $95,000, a level not seen since early May.
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