Bitcoin price has been trading within a tight range for several weeks, creating a period of market anticipation. The price action has remained confined within a clear boundary, neither breaking down significantly nor experiencing a substantial upward surge. This behavior often indicates underlying developments that recent analysis from Altcoin Buzz has sought to explore.
In a recent video, analyst Joe Josh, also known by his handle iChartDaily, detailed the potential implications of the current Bitcoin price structure. His analysis focused on shifts in momentum, the behavior of technical indicators, and the typical duration before Bitcoin experiences a major price movement, rather than speculative predictions.
Bitcoin Price Holding a Tight Range Since Late November
Since November 18, 2025, the Bitcoin price has been consistently trading between $84,541 and $94,575. This period has seen support levels hold firm while resistance has capped any attempts at upward price movement. Joe Josh explained that this period of sideways trading is significant because it frequently signals accumulation rather than a sign of underlying weakness.
According to his analysis, when the price movement flattens and indicators begin to show bullish signals or hidden bullish divergence, it often marks the beginning of a bottoming process. This process can be slow and challenging, but it lays the groundwork for potential trend changes once momentum aligns.
Crucially, the Bitcoin price has maintained its structural support throughout this period, which suggests that the broader market setup remains intact despite the apparent lack of significant price action.
BTC Momentum Indicators Are Starting to Align
Joe Josh highlighted several momentum signals that are now showing alignment across multiple time frames. The MACD indicator has recently printed a golden cross, and the RSI has moved into territory that suggests bullish confirmation. The Stochastic RSI has also crossed bullishly above the 50 line.
When these signals converge, they often indicate a significant swing change rather than a mere temporary bounce. The importance of this shift lies in the fact that momentum indicators typically change direction before the price itself follows.
This dynamic suggests that the current analysis of BTC price is more about exercising patience than making immediate predictions. The indicators point towards building pressure beneath the surface, even if the daily price candles appear relatively calm.
Bitcoin Price Liquidity Zones Suggest Potential for Upward Movement
As momentum begins to shift, Joe Josh observes liquidity levels and moving averages positioned above the current price. His current focus is on the area around $94,445, which corresponds with the upper boundary of a well-defined consolidation range.
This level is expected to be the initial test. However, he anticipates that the upward movement may extend beyond this initial resistance point, especially if confirmation signals remain strong. Historical patterns show that similar setups have eventually led to price expansions beyond initial resistance levels once confirmations were established.
A previous market structure analysis indicated that Bitcoin moved from the mid-$80,000 range to $95,000, and subsequently accelerated towards $123,000 after similar signals emerged. While longer-term sentiment indicators may still show mixed signals, the short-term conditions are currently pointing towards a potential upward push.
BTC Price Targets and Timing Depend on Candle Structure Confirmation
Joe Josh emphasized that the timing of potential price movements is as critical as the direction. His primary analytical tool is the five-day chart, where each candle requires time to confirm shifts in momentum. Based on the current positioning, he projects that the next phase of price action could unfold over a period of approximately 5 to 15 days.
The Bitcoin price might first test resistance levels near $98,000, with $100,000 serving more as a psychological barrier than an immediate ceiling. Further upward movement towards $106,000 aligns with significant wick levels and clusters of moving averages.
Alerts triggered by RSI and stochastic levels are crucial for tracking when confirmations fully materialize. Once these alerts are activated, the expected price structure often follows relatively quickly.
Bitcoin Price Trend Change Relies on Moving Averages
Another key signal highlighted by Joe Josh was the behavior of moving averages. The Bitcoin price recently moved above the 11-day moving average and is approaching the 21-day line, which is situated near $95,315. A golden cross, signaling a potential shift in trend bias, forms when shorter-term moving averages cross above longer-term ones.
Similar patterns are emerging on the two-day chart, where moving averages are flattening and beginning to turn upward around the $95,000 and $96,000 levels. The 100-day moving average, located near $105,000, also stands out as a potential target if upward momentum continues.
While these signals do not guarantee specific outcomes, they provide a framework for understanding how BTC price transitions from periods of bearish pressure into recovery phases.
The current Bitcoin price action suggests that the cryptocurrency is in the process of forming a bottom rather than celebrating an established breakout. Gradually, higher lows and higher highs are beginning to appear, supported by improving momentum indicators. Regardless of whether the $100,000 mark is reached imminently or requires further consolidation, the current structure indicates that Bitcoin is preparing for a potential move. Observing how these confirmations develop in the coming days may reveal if the next significant chapter in Bitcoin's price history is already unfolding.