Bitcoin price has pulled back from the high of 94,700 and stabilized after dropping to a low of 89,300. Currently, it is fluctuating around the 90,000 level. This round of correction is a technical adjustment following the previous rapid rise, effectively clearing short-term profit-taking positions and laying a solid foundation for subsequent market momentum.
Bitcoin trading suggestion: Pull back to around 89,400-90,000, then look for a rise to 91,200-92,500.
Auntie's trading suggestion: Pull back to around 3,030-3,070, then look for a rise to 3,150-3,250.
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.
January 11th Bitcoin Auntie's Market Outlook
Bitcoin price has pulled back from the high of 94,700 and stabilized after dropping to a low of 89,300. Currently, it is fluctuating around the 90,000 level. This round of correction is a technical adjustment following the previous rapid rise, effectively clearing short-term profit-taking positions and laying a solid foundation for subsequent market momentum.
Bitcoin trading suggestion: Pull back to around 89,400-90,000, then look for a rise to 91,200-92,500.
Auntie's trading suggestion: Pull back to around 3,030-3,070, then look for a rise to 3,150-3,250.