Bitcoin almost broke 98,000 this week, and it was about to reach that level. Last night, it dipped to 94,200. The current market looks like it has no momentum to push higher, and sideways consolidation is likely to continue. In this kind of market, the range between 94,500 and 95,800 is suitable for both long and short positions, and the price will likely fluctuate within this range in the short term. The funds that are truly bottoming out are still slowly accumulating, and by Monday, we might see a significant move. Historically, this pattern usually plays out this way. There's a high chance that next week it will break below 98,000, and once it does, it will directly target the 100,000 level.
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.
7 Likes
Reward
7
4
Repost
Share
Comment
0/400
IfIWereOnChain
· 3h ago
I've been positioned in the 94500-95800 range for a while now, just waiting for the market movement to kick off on Monday.
View OriginalReply0
BridgeTrustFund
· 3h ago
98,000 has run again. Can we change up the routine each time?
Let's have this dream again on Monday. Anyway, I've been absorbing the funds for half a day and haven't seen any movement.
Swinging back and forth between 94 and 95, it's really boring. Might as well go to sleep.
Can it break 100 this time? I've been hearing about next week, next week, next week—what a joke.
Talking about 100k for over a year, but it always feels like it's just out of reach.
View OriginalReply0
BearMarketSurvivor
· 4h ago
98,000? Bro, your prediction is too conservative. I bet it will break through directly on Monday.
---
It's both accumulation and a historical pattern. Listening to this makes me numb. It's better to just stay focused on the market.
---
I've already been lurking in the 94 to 95 range. It all depends on whose luck is stronger.
---
Breaking the million mark is just around the corner. Anyone still hesitating will regret it.
---
This round of the market doesn't feel as fierce as expected. Maybe it's really waiting for some big capital movement.
---
Days of sideways trading are the hardest to endure. Instead of analyzing, it's better to go to sleep.
---
Once the psychological barrier of 100,000 is broken, it will skyrocket. By then, it will be too late to regret.
---
That's correct, but I care more about whether I can double my earnings this week.
View OriginalReply0
fork_in_the_road
· 4h ago
98,000 is just around the corner, but this wave of the market looks a bit weak.
Back to work on Monday, hope for a little surprise.
Been hesitating for so long, it's about time for a decent move.
History repeating? Let's just watch and see.
Bitcoin almost broke 98,000 this week, and it was about to reach that level. Last night, it dipped to 94,200. The current market looks like it has no momentum to push higher, and sideways consolidation is likely to continue. In this kind of market, the range between 94,500 and 95,800 is suitable for both long and short positions, and the price will likely fluctuate within this range in the short term. The funds that are truly bottoming out are still slowly accumulating, and by Monday, we might see a significant move. Historically, this pattern usually plays out this way. There's a high chance that next week it will break below 98,000, and once it does, it will directly target the 100,000 level.