Bitcoin (BTC) Price Up 9% Over The Past Week, Targeting $90,000 Resistance

Bitcoin (BTC) is up 9% over the past week and is currently trying to establish support above the key $88,000 level.

Bitcoin (BTC) price rose 9% over the past week and is now trying to establish support above the key $88,000 level.

Momentum indicators like the DMI and Ichimoku Cloud are showing clear bullish signals, with buyers firmly in control.

If this trajectory continues, BTC could soon test higher resistances, setting up the potential for a rally towards $90,000 and beyond.

However, analysts warn that renewed uncertainty around Trump’s trade tariffs could disrupt the rally and trigger a pullback toward the $81,000 support zone.

Bitcoin DMI Shows Buyers In Full Control

Bitcoin’s DMI chart showcases a notable increase in trend strength, with the ADX (Average Directional Index) climbing to 29.54 from 24.07 yesterday.

This surge suggests a significant build-up of momentum behind the current move, pushing the ADX close to the 30 threshold—a level that is widely seen as confirming a strong and sustained trend.

It’s worth noting that a rising ADX doesn’t necessarily indicate direction on its own. To determine the prevailing force, we need to combine it with directional indicators.

Examining those indicators, the +DI (Positive Directional Indicator) stands at 23.47 and has remained relatively stable between 21 and 23 over the past two days.

On the other hand, the -DI (Negative Directional Indicator) has decreased sharply to 9.45 from 16.65, signaling a substantial decline in bearish pressure.

This widening gap between bullish and bearish momentum on the DMI chart highlights the increasing dominance of buyers.

As the ADX continues its ascent and pushes above 30, it could be a factor in validating a new bullish phase for BTC.

BTC Ichimoku Cloud Shows A Clear Bullish Structure

Bitcoin’s Ichimoku Cloud chart continues to lean bullish, with the price remaining above both the Tenkan-sen (blue line) and Kijun-sen (red line). This positioning suggests that both short-term and mid-term momentum is still in favor of buyers.

The nearly flat nature of the Kijun-sen could act as a strong support area, while the rising Tenkan-sen shows buyers are still active on smaller timeframes.

Looking ahead, the Kumo (cloud) is green and steadily becoming thicker, which bodes well for the coming sessions. The price is currently above the cloud, indicating the trend is bullish and also firmly established.

There’s also a clear gap between the current candle and the cloud, suggesting that the market has room for a smaller time-frame pullback or retracement without shifting the overall structure.

As long as the price stays above the Kijun-sen and the cloud remains green, the bullish trend remains technically intact.

Will Bitcoin Break Above $90,000 Soon?

If Bitcoin price maintains its current momentum, it could soon challenge the next resistance at $88,839, with $90,000 being a key psychological milestone.

Should the uptrend remain strong from there, further targets lie at $92,920 and potentially $98,484, marking a continuation of the bullish structure on larger time-frames.

However, crypto analyst and Coin Bureau founder Nic Puckrin warns that this momentum might be short-lived. He notes that renewed uncertainty around Trump’s trade tariffs might put pressure on BTC:

“The caveat here is that all this positive momentum could disappear in a puff of smoke if there’s any backpedalling on tariffs or an unexpected ‘shock announcement’ – which we all know is a possibility. In fact, we continue to have constant back-and-forth on tariffs: exemptions on electronics turned out to be temporary, the details of when tariffs will come in are lacking, and so on,” Puckrin told BeInCrypto.

He also adds that the $81,000 support could be tested again:

“This, perhaps, explains why Bitcoin is, once again, in a ‘wait and see’ pattern, with low liquidations at under $200 million pointing to uncertainty in the market. If we don’t see any external shocks, $88,000-$90,000 is the next range to watch, with liquidity pool clusters at this level suggesting we will see an uptick of volatility here. However, a short-term correction to re-test support at $81,000 would be healthy and, as long as BTC remains above this threshold, would even point to a sustainable price recovery,”

Overall, it looks like the current macroeconomic factors are priced in. Yet, the market is cautious about sudden surprises, as Trump’s recent tariffs went beyond any conventional economic trend and disrupted almost every global financial market