Bitcoin is testing critical resistance around $94,806—a level worth watching closely. If BTC manages to hold above here and push through decisively, it could signal that wave-(B) has already found its floor, potentially opening the door to further upside momentum. On the flip side, if selling pressure resurfaces and bears gain the upper hand, expect wave-C of the (B) formation to develop, likely sending prices lower from here. The next 24-48 hours should clarify which scenario plays out. Keep an eye on volume and order book dynamics at this juncture.
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HalfBuddhaMoney
· 01-14 14:51
The 94k level is really stuck, feels like some kind of mystical line haha
If I can't break through, I'll just keep throwing at it. Anyway, I don't have any positions.
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LiquidatedTwice
· 01-14 02:09
94800 this level is really a bit annoying, I'm worried it might be a false breakout again.
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MEVvictim
· 01-14 02:09
94.8k is another big hurdle; whether it breaks or not really depends on the next two days.
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AirdropHunter007
· 01-14 02:00
94,000 break or not, this is the watershed.
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RetailTherapist
· 01-14 01:57
94800 is really a critical level. Whether it breaks or not depends on the performance in the next couple of days. It feels like the atmosphere is getting tense.
Bitcoin is testing critical resistance around $94,806—a level worth watching closely. If BTC manages to hold above here and push through decisively, it could signal that wave-(B) has already found its floor, potentially opening the door to further upside momentum. On the flip side, if selling pressure resurfaces and bears gain the upper hand, expect wave-C of the (B) formation to develop, likely sending prices lower from here. The next 24-48 hours should clarify which scenario plays out. Keep an eye on volume and order book dynamics at this juncture.