2026-01-17 04:37:15

The recent movement of Bitcoin has been quite interesting. It surged directly to a high of 97,000 a while ago, but started to decline noticeably on the 17th, and is now fluctuating around 95,000. Although I usually focus mainly on the news and events, I also need to consider the technical aspects.

As of 11 a.m., if the price can hold above 95,600, then the previous high of 97,000 becomes a clear target. But if it falls below 95,000, then the trend shifts to bearish, with partial profit-taking down to the 92,000 range.

Basically, the 95,000-95,600 zone has become the dividing line between bulls and bears. Whether it can stabilize above this level determines the future direction. This is purely a technical trend analysis and does not constitute any investment advice. Everyone should manage their own pace.

BTC0,72%

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.

7 Likes

Reward
7
5
Repost
Share

Comment

0/400

tokenomics_truther

· 11h ago

95000 this threshold is really crucial; once broken, it's game over Will it come back to 97000? That's the question Currently, the bears are putting quite a bit of pressure; it looks uncomfortable Can 92000 really hold? I still feel it might continue to drop The technical aspect is unreliable; the key is how the funds will move

View OriginalReply0

RugPullAlarm

· 11h ago

Has the 95,000 been broken yet? On-chain whales are all fleeing. I just checked the address flow, and yesterday there was a transfer of several thousand coins to an exchange... This is the real dividing line.

View OriginalReply0

StableGeniusDegen