$BTC has now worked its way back into the $94,000 area, a level that has capped price for nearly 50 days. It’s a natural zone for the market to pause and reassess.

So far, acceptance above this region has been limited. As long as BTC stays below $94K, some consolidation — or even a shallow pullback — would be a normal outcome rather than a sign of weakness.

The picture changes only if price can hold above $94,000. In that case, the path opens toward the $97,000–$98,000 range. Until that happens, this level remains one that has earned respect.

For now, conditions stay neutral to slightly bullish, with upside momentum only accelerating once $94K turns into support.