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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.