Bitcoin's surge to $94.5k ran into resistance, triggering a pullback. The price has already touched oversold territory multiple times while finding support in the December range of $84.5k to $90.6k. Recently we're seeing some recovery attempts, but there's a real possibility BTC could dip back down to probe the liquidity zone between $84.5k and $87.5k. The bulls are far from out of danger yet—that lower band still poses a meaningful test.

BTC-0.43%
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GateUser-5854de8bvip
· 01-08 19:42
94.5k can't be broken, I already said there would be a pullback. Now it's time to wait for the bottom to be tested.
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ContractTestervip
· 01-08 19:42
94.5k just collapsed, I should have cut at 90k if I had known earlier.
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AltcoinHuntervip
· 01-08 19:40
94.5k can't break through, so it must drop. I already said this wave would retest the support at 84.5k. Once again oversold, do we really have to cut losses, brothers? If this bottoming test really hits 87.5k, I will buy in stages. I don't believe this bear market can continue. Bitcoin is really this weak, might as well research new promising stars. From a technical perspective, it's indeed risky, but I think the bottom is right here... source: trust me bro
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LiquidityWizardvip
· 01-08 19:39
tbh that $84.5k-$87.5k zone is statistically significant... seen this pattern correlate with major volatility spikes historically. bulls really aren't sleeping well rn
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LiquidityWitchvip
· 01-08 19:33
Starting to hit new lows again? The 87.5k level probably needs to break.
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SelfRuggervip
· 01-08 19:22
It's starting to fluctuate again. Can 87.5 hold? It's really uncertain.
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