BTC/USD Technical Analysis



Today's rebound is just a test in the middle zone. From the current trend, Bitcoin needs to hold the key support level of $90,300 to attempt an upward breakthrough. If it can stabilize at this price, the next target will be $92,200. However, this is a critical resistance area, and my judgment is that the bulls are likely to face selling pressure again at this level, and the market may then adjust and decline.

Overall, the short-term rebound strength is not yet convincing, and it is necessary to observe whether it can effectively break through these key resistances.
BTC0,61%
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SeasonedInvestorvip
· 01-11 18:05
If you can't hold 90300, it's really mysterious. To be honest, this rebound isn't convincing enough.
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TopBuyerForevervip
· 01-11 16:44
It's both a test and support, making my head buzz. I just want to know if it can break through 92,200 directly.
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GigaBrainAnonvip
· 01-08 23:51
This rebound... was really just a false alarm; 92,200 can't be held at all.
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NFTDreamervip
· 01-08 23:44
Still walking the high wire, if 90300 doesn't break, it's game over.
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DefiOldTrickstervip
· 01-08 23:31
If we can't hold 90300, then we have to prepare to buy the dip. The arbitrage opportunity created by this breakdown is damn satisfying.
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