2026-01-17 21:40:19

Bitcoin shows clear signs of reaction around 94300. According to previous calculations, this area is close to the lowest support level at 94200. From recent market trends, the rebound strength has already reached 95600, and we are currently at a critical decision point for the direction.

If this upward wave continues, it is very likely to surge towards the 98-100 range. At that level, it will probably face resistance again, and whether it can break through will determine how far the rally can go. Conversely, if it falls below 94, it will send a clear negative signal for this trend. Now, it all depends on whether it can hold this level.

BTC-0,12%

View Original

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.

8 Likes

Reward
8
5
Repost
Share

Comment

0/400

MiningDisasterSurvivor

· 12h ago

How many times have I gone through this threshold... 2018 was the same dead end It's the same 98-100 dream, wake up everyone. Every time they say to push towards the X price level, but what happens in the end? Breaking below 94 is considered a rejection? Haha, we've seen much harsher "rejection signals" before Rebound to 95600 and everyone gets excited, such a rookie vibe... I've survived a mining disaster, so why fear this volatility? I'm tired of hearing the key support level argument. The real question is, who will actually buy at 94200? The 98-100 resistance level, same old story... let's see what happens when it actually hits, no more pie-in-the-sky promises The probability of not holding this position firmly is honestly higher than holding steady. History always repeats itself

View OriginalReply0

SorryRugPulled