Bitcoin Builds Short-Term Strength — $95,000 Now is the Level That Matters
Bitcoin has risen nearly 2% in the last 24 hours and remains above $92,200. The daily chart still looks sluggish, but the 4-hour chart shows early strength building.
Since short-term charts capture changes more quickly, the upcoming sessions may determine whether Bitcoin finally tests $95,000 — a level that experts believe is crucial for BTC's price ascent.
Short-term strength is building, but not without risk
Bitcoin is close to forming a bullish EMA crossover on the 4-hour chart. EMA stands for Exponential Moving Average. It gives more weight to recent prices, which traders use to detect early changes in trend. A bullish crossover occurs when the faster EMA crosses above the slower EMA, indicating an increase in buying momentum. Currently, the 50 EMA is about to cross above the 100 EMA.
The gap between the two EMAs has narrowed drastically. If the crossover completes, Bitcoin gets a clearer path to $95,700, a key resistance. However, the Bull Bear Power, which shows who controls each candle, has weakened. If it falls again, the crossover may not complete. That is the main short-term risk here.
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This is also where external commentary aligns with the chart. Analysts from the all-in-one crypto ecosystem for B2B INPAY mentioned something similar in an exclusive snippet for BeInCrypto:
“Bitcoin is trading at the $92,000–$93,000 level, however, all attempts to break $95,000 are in vain. It lacks the momentum to do so confidently.
…If that happens, we could see Bitcoin attempting $96k. If the market manages to consolidate above this area, the next step could be a move towards $100k,” they added.
This supports the idea that $95,000 is the real barrier and that short-term strength must be maintained for long-term gains, even above $100,000 to break through.
Increasing inactivity, and that could be the trigger
The age band of spent coins measures how many coins move between groups of holders. When the number drops, older coins remain inactive (greater inactivity). This reduces selling pressure and often aligns with rebounds.
The metric has dropped from 24,100 on December 10 to 12,500 today, nearly a 50% decline. Similar drops triggered rallies before.
From December 2 to December 9, spent coins fell from 27,800 to 9,200. Then, Bitcoin rose about 5%.
Between November 21 and November 24, spent coins fell. Bitcoin rose from $85,500 to $92,300, an 8% move over the next few days.
The current drop is smaller, but the pattern is the same. Increasing inactivity (drop in spent coins) while the crossover attempts to form can be an important combination on a short-term chart.
Short-term Bitcoin price levels to watch this week
The first obstacle on Bitcoin's short-term price chart is $93,300. Bitcoin has not closed a 4-hour candle above this level since December 9. A clean move above this level opens the path to $94,300.
If the EMA crossover completes and the momentum remains strong, $95,700 becomes achievable. This is the line that decides if Bitcoin can aim for the areas mentioned by analysts.
Support is at $90,800. A fall below this level brings back $89,300 and delays any attempt to reach $95,000.
At this moment, Bitcoin has three elements aligned: a possible EMA crossover, decreasing spent coin activity, and prices approaching resistance. If buyers defend support and the metric trends continue, Bitcoin could finally have the chance to test $95,000 ($95,700 to be precise).
