Bitcoin Struggles to Surpass $100K Resistance, Breakout or Breakdown?

3 hours ago 6

February 12, 2025 by Bena Ilyas

Bitcoin struggles near $96,500 resistance after failing to hold above $100K, signaling short-term weakness.
Institutional Bitcoin ETF inflows exceed $196B, with BlackRock’s iShares BTC Trust amassing over $10B.
RSI dips to 56.70, indicating slowing momentum; BTC must hold $96K to avoid downside risks.

Bitcoin’s price failed to continue its rally above the $100,000 zone, starting a decline below $96,500. The bearish momentum gathered pace, taking BTC to below $95,800. A key trend line broke at $96,670 on February 11, 2025, signaling potential weakness in the short term for the BTC/USD pair. Bitcoinsensus highlights the uncertainty surrounding the price movement, with $BTC failing to make a decisive move, leaving the market awaiting a breakout or breakdown.

BTC Faces Resistance Near $95,000 and $97,000

Bitcoin’s recent price movement saw a bounce above the $95,800 level, offering some relief. It surpassed the 23.6% Fibonacci retracement level, indicating a potential recovery. However, BTC continues trading below $96,500 and the 100-hourly simple moving average, suggesting that upward momentum remains limited, with key resistances around $95,000 and $97,000.

Despite Bitcoin’s recovery from a low of $91,000, any attempt to push beyond $100K faced strong resistance. Institutional demand, particularly ETF inflows, supported the rally, surpassing $196 billion. Institutional interest signals confidence in BTC despite volatility, but the strong correlation with traditional equities keeps BTC’s future price action uncertain.

Bitcoin ETFs have surged in popularity since their January 2024 approval. The massive influx of institutional money has reinforced Bitcoin’s position as a legitimate institutional asset. BlackRock’s iShares BTC Trust alone has accumulated over $10 billion, contributing to the overall demand despite concerns regarding global economic uncertainties and regulatory risks.

Despite increasing ETF interest, BTC has struggled to gain lasting upward momentum, reflecting investor caution amid rising global macroeconomic uncertainty. Concerns about higher inflation or more stringent regulations could impact BTC’s price. Additionally, positive funding rates indicate that long traders dominate, raising the risk of a liquidation event if BTC fails to hold key support levels.

RSI Dip Indicates Potential Bitcoin Weakness Ahead

The RSI from Bitcoin’s 2024 cycle shows a noticeable dip, which mirrors patterns from earlier in 2025. With the RSI currently hovering around 56.70, BTC is at a crossroads. Historically, a reversal often follows a touch of these levels during an uptrend, but momentum appears to be slowing, suggesting potential weakness ahead.

BTC’s price structure indicates a continuation pattern, but traders remain cautious due to mixed momentum indicators. The key focus is whether BTC can maintain strength above $96K while the RSI stabilizes. If BTC can hold this support, the psychological level of $100K may remain in play, with a potential breakout toward higher prices.

Crypto Rover reports that BTC is shaping a falling wedge, a bullish pattern hinting at a breakout. If confirmed by rising volume and a resistance break, traders might see this as a long-position opportunity. As the market reacts to BTC’s price action, the $96K support zone and RSI stability will be key confirmation points in the coming weeks.

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