Bitcoin Eyes $100K Push Before Potential $70K Correction

⬤ Bitcoin’s stuck in a choppy range after dropping hard from late-2025 peaks, bouncing around the $89,000 mark on the daily chart. Right now it’s looking more like a correction than any kind of fresh rally. The short-term view isn’t terrible, but here’s the thing—it’s all part of a bigger picture that includes both upside pops and downside drops.

⬤ The chart’s showing Bitcoin forming messy, overlapping swings after the selloff, which screams consolidation rather than any real trend. There’s a potential move brewing toward $93,000, and that’s actually important because it could crack open the door to revisit $100,000. This whole scenario ties into possibly filling that CME gap, a technical thing that tends to matter when markets get volatile. Until we get up there though, price action’s basically just spinning its wheels.

⬤ Now here’s where it gets interesting—after potentially hitting those higher levels, the roadmap points to a bigger correction. We’re talking a potential slide toward $75,000–$70,000 once price gets rejected near $100,000. The $85,000 zone is massive here. How Bitcoin acts around that level could make or break whether we see a temporary bounce or things accelerate downward. Holding $85,000 is basically the line in the sand for keeping any bullish outlook alive during the correction.

⬤ This matters for the whole crypto space because Bitcoin usually sets the tone during major transitions. If we see a return to six figures followed by a deep pullback, that’d confirm the market’s going through redistribution instead of gearing up for a sustained bull run. As Bitcoin moves through these key levels—$93,000, $100,000, and $85,000—expect those reactions to drive volatility, shake up liquidity, and dictate short-term direction.