Based on yesterday morning's analysis, Bitcoin continues to operate within a strong channel. Currently, the price is below the upper Bollinger Band, and the 95,000 level is particularly critical.



Since stabilizing around 91,000 on January 11, the price has begun a rapid upward surge. By the morning of the 13th, it directly broke through the upper boundary of the previous consolidation range. Although there was some pullback afterward, it did not break below the key support, indicating that the bulls still hold the upper hand.

The current situation is that, in the short term, there has been a slight correction after a sharp rise, but this is normal in a strong trend. The key is whether 95,000 can hold steady.

If the price remains above 95,000 and finds support when retracing to the 94,500-95,000 range, there is room for further upward movement. The next step is to test the upper Bollinger Band at 95,932.5 and the previous high at 96,863.7. Once these levels are broken, the next targets are in the 97,000-98,000 range.

Overall, the bullish momentum is still there, but the 95,000 level must be maintained.
BTC3,38%
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ForkLibertarianvip
· 18h ago
You have to hold the 95,000 level; otherwise, you'll have to go back to 91,000 for a chat.
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ParallelChainMaxivip
· 18h ago
Reaching the 95,000 mark without stabilizing is really nerve-wracking; it feels like the recent market has been bouncing up and down like this. If it can't break through 96,863, can it reach 98,000? It's a bit uncertain. If it retraces to around 94,500, can it really hold? I'm not confident. The bullish momentum is there, but we need to see if the next few days can give a clear signal.
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DogeBachelorvip
· 18h ago
You must hold this 95,000 level, or else it will pull back again.
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MentalWealthHarvestervip
· 18h ago
This threshold of 95,000 is really holding strong. If I had known earlier, I would have ambushed at 91,000.
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BankruptWorkervip
· 18h ago
Breaking through the 95,000 mark is really frustrating; we should have broken through it long ago.
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