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.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
8
Repost
Share
Comment
0/400
rugged_again
· 23h ago
94.5k is not guaranteed again? I'm waiting to buy the dip at $87.5k.
View OriginalReply0
RamenStacker
· 01-10 11:55
87.5k, this critical level really needs to hold, or else it'll be a bloodbath again.
View OriginalReply0
GateUser-5854de8b
· 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.
View OriginalReply0
ContractTester
· 01-08 19:42
94.5k just collapsed, I should have cut at 90k if I had known earlier.
View OriginalReply0
AltcoinHunter
· 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
View OriginalReply0
LiquidityWizard
· 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
Reply0
LiquidityWitch
· 01-08 19:33
Starting to hit new lows again? The 87.5k level probably needs to break.
View OriginalReply0
SelfRugger
· 01-08 19:22
It's starting to fluctuate again. Can 87.5 hold? It's really uncertain.
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.