25 Bitcoin resistance at $98,000 has captured the attention of traders and investors as BTC struggles to maintain its bullish momentum. As of May 5, 2025, Bitcoin is trading near $94,134, marking a minor dip of 1.38% over the past 24 hours. This hesitation isn’t random—profit-taking pressure and market uncertainty are clearly shaping the crypto narrative.With BTC so close to the $100K psychological milestone, this resistance point has become a key battleground. Should investors expect a breakout or brace for a pullback? Let’s break down what’s happening and what comes next.What Is Bitcoin Resistance at $98,000?Bitcoin resistance refers to a price level where selling pressure outweighs buying demand, halting upward momentum. The $98,000 resistance level has emerged as a significant barrier as multiple traders are locking in profits after BTC’s sharp rally earlier this year.Technically speaking, other notable resistance levels include $99,291, $103,613, and $107,107. On the flip side, immediate support zones lie at $96,211, $94,442, and $92,323—critical for preventing a deeper correction.Why Bitcoin Resistance at $98,000 Matters in 20252025 is a milestone year for crypto. Bitcoin’s recent surge has reignited mainstream interest, especially from institutions and long-term investors. However, resistance at $98,000 is more than just a chart level—it’s a psychological test and market signal.Profit-Taking on the RiseData shows over $1.2 billion in profit-taking over a 7-day average. This surge reflects cautious sentiment, especially after Bitcoin’s recent climb. Traders are choosing safety while watching how macroeconomic signals unfold.Institutional Bitcoin Buying Still StrongDespite volatility, companies like MicroStrategy are still buying Bitcoin as a strategic asset. Their ongoing accumulation signals long-term trust in BTC’s value—even if the short-term is shaky.Macroeconomic Impact on BitcoinConcerns over global recession, central bank policy, and geopolitical tensions are prompting a risk-off mindset. The Fed’s cautious tone and slow-growth fears are pushing some investors to re-evaluate their crypto exposure.Read more: From Hype to Hard Reality | KiloEX DEX Hacked | Crypto Titans CollideTop Insights You Should KnowResistance vs. SupportResistance Levels: $98,000 → $99,291 → $103,613Support Levels: $96,211 → $94,442 → $92,323Breach of support could send BTC toward $83,612.Profit-Taking ImpactsLong-term holders are cashing out.Crypto stocks like Coinbase and MicroStrategy have dipped.Sentiment & SignalsFear of missing out (FOMO) is fading.Traders are watching closely for signs of strength or further weakness.What to Watch Next for BitcoinIf Bitcoin breaks through $98,000, it could spark a rally toward the much-anticipated $100,000 milestone. But failure to break that ceiling might lead to consolidation or even a sharper correction.What Can You Do?Monitor resistance at $98,000 and support at $94,000.Follow institutional buying behavior.Stay updated with macroeconomic news that may impact risk assets.Can BTC Push Past $98K?Bitcoin resistance at $98,000 is a pivotal point. As traders take profits and institutions double down, BTC sits at the edge of potential—either leaping past $100K or retracing in the short term.Frequently Asked Questions:Why is Bitcoin facing resistance at $98,000?Bitcoin is encountering heavy selling pressure around the $98,000 mark due to increased profit-taking from long-term holders and psychological resistance near the $100,000 level.What are the key support and resistance levels for Bitcoin?Major resistance levels are $99,291, $103,613, and $107,107, while key support levels lie at $96,211, $94,442, and $92,323.Is Bitcoin expected to break the $100,000 barrier soon?A breakout above $98,000 could pave the way to $100K, but sustained momentum and reduced selling pressure are critical for that move.How is profit-taking affecting Bitcoin’s price?Over $1.2 billion in profit-taking has been recorded recently, causing temporary dips and halting upward momentum.Are institutions still buying Bitcoin despite the resistance?Yes, institutional interest remains strong, with companies like MicroStrategy continuing to accumulate BTC as a strategic reserve asset.
