86K–92K is basically a consolidation range; it's hard for BTC to make a significant move within this zone.
The key level is 92K.
If it tests 92K, I tend to think it will break through directly. If it doesn't test 92K, then we need to guard against another dip to the low 80Ks, forming a double bottom.
Overall, we're not far from the bottom. Once it's confirmed, there's a high probability of a strong rebound from the end of the year to Q1 next year.
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86K–92K is basically a consolidation range; it's hard for BTC to make a significant move within this zone.
The key level is 92K.
If it tests 92K, I tend to think it will break through directly.
If it doesn't test 92K, then we need to guard against another dip to the low 80Ks, forming a double bottom.
Overall, we're not far from the bottom. Once it's confirmed, there's a high probability of a strong rebound from the end of the year to Q1 next year.