Bitcoin bulls face make-or-break test at $98k–$100k

The post Bitcoin bulls face make-or-break test at $98k–$100k appeared on BitcoinEthereumNews.com.

Bitcoin is pressing up against one of its most consequential resistance zones of the cycle, and popular crypto analyst Trader Mayne says the next few days will determine whether bulls reclaim momentum—or watch the rally stall into a lower high. Summary Bitcoin’s ability to clear the heavy confluence zone at $98K–$100K will dictate whether the market stages a final leg higher into year-end or slips back into a broader downtrend. “This remains the critical area for me,” Trader Mayne says. A clean break of the $98K–$100K band could flip those odds—and potentially ignite the last major rally of the cycle. Bitcoin has climbed back to its yearly open level after what Trader Mayne described as “a nice couple of trade opportunities” following the formation of an $80,000 cycle low. The move has broken an “aggressive downtrend,” but the analyst emphasized that the real test still lies ahead: a daily downtrend line intersecting with the former price floor around $98,000. The zone aligns with the series of lower highs defining Bitcoin’s macro downtrend. Clearing it would mark the first meaningful shift in high-time-frame structure since the all-time high near $125,000. For now, Bitcoin has staged what Mayne called “relatively constructive” price action—higher lows are forming, and a four-hour bullish structure break is underway. But the market has yet to print a higher high on the H4 chart. “I need follow-through,” he said. “I need a higher high here.” A Lower High Before the Next Bear Market? Mayne reiterated that he still assigns a 70%–80% probability to Bitcoin forming a lower high rather than a new all-time high. But that probability “drops to 50–60%” if bulls reclaim $98K and break the downtrend. The level, he said, would also confirm the weekly cycle low—setting up what he believes would be the final rally…