Bitcoin (BTC) has been control a wave of strong positive boost in 2025, with prices in short ascend past $109,000 before recall. But with this modern pullback, many traders are now asking: Will Bitcoin dip to $94K before it resumes its rally?
Here’s what analysts and on-chain data are suggesting.
Recent Price Action: A Cooling Market
After scale steadily from below $70K earlier this year, Bitcoin peaked around $109K in May. Since then, it has been market in a to the side range between $101K and $103K, with occasional dips below $100K—especially in response to global geopolitical tensions.
This price behavior suggests a cooling off in momentum, but not necessarily the end of the bullish trend.
Analyst Outlook: $94K Dip in Focus
Several respected analysts are flagging the $94K level as a potential near-term target in the event of a broader correction:
CryptoQuant’s Burak Kesmeci notes that the NVT ratio is elevated, suggesting that the current valuation may not be backed by enough network activity. A pullback to the $93K–$94K zone would bring BTC back to a healthier range.
Technical reformer have also pointed to a descending price channel forming since mid-June, with a lower support band aligning near $94K.
Macro factors such as geopolitical instability and central bank policy shifts are adding to market hesitation, making a short-term retracement more likely.
Technical Support and Resistance
Here are the key levels to watch:
Support:
$100K – Psychological level, now being tested
$94K–$95K – Deep support zone flagged by multiple analysts
Resistance:
$107K–$108K – Prior local top
$110K–$112K – Breakout territory for resuming the bull rally
Sentiment and Market Metrics
Fear & Greed Index: Neutral (~47), showing neither panic nor greed.
Futures Funding Rates: Slightly negative, suggesting a cooling of long positions.
On-Chain Signals: The rising NVT ratio (~61) is a red flag, often appearing before dips.
While there’s no mass exodus from the market, sentiment has cooled considerably since May’s peak.
Scenarios to Watch
Scenario What It Means
Bullish BTC holds above $100K, reclaims $107K, and aims for $110K+
Bearish BTC fails to hold $100K, dips to $94K support, then potentially bounces from ther
Analysts widely agree: a correction to $94K would be healthy, clearing out over-leveraged positions and allowing for a stronger continuation rally.
What Traders Should Monitor
Price reaction around the $100K level
Confirmation of breakdowns or bounces near $94K–$95K
Shifts in ETF inpour, macroeconomic headlines, and global events
If Bitcoin breaks below $100K with volume, prepare for a steeper drop—but keep in mind, many see that as a buy-the-dip opportunity.
Conclusion: Dip First, Then Rally?
A Bitcoin price dip to $94K is not only possible—it may be a necessary reset for the next leg of the rally. Analysts aren’t calling for a collapse, but rather a controlled correction in an overheated market.
Smart investors are preparing—not panicking.
Join the Conversation
Do you believe Bitcoin will dip before climbing to $94K and beyond?
Are you buying now or waiting for that writing?
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