Bitcoin's holding up nicely at the bear flag bottom, gradually forming what looks like a consolidation channel. The key thing here is watching how far this sideways action can stretch.
I've got my eyes on $90.6k and $94.2k as the resistance zones to monitor. But here's what's interesting—if momentum picks up, we could see a test of that $98k level before the short-term picture clears up. Right now it's all about whether this channel tightens or breaks out. The technicals are worth keeping an eye on.
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RumbleValidator
· 01-04 21:27
Just these key levels, the $94.2k resistance line is the validation point. It either breaks through or bounces back; the logic is very clear.
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GateUser-26d7f434
· 01-04 20:03
98k needs to be broken first to count, anything else is pointless now
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TideReceder
· 01-02 22:12
If 98k really breaks, I'll believe your technical analysis.
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NftMetaversePainter
· 01-02 08:50
actually the algorithmic beauty of this consolidation pattern reminds me of my latest generative series exploring hash values and market topology... the bear flag bottom is basically a blockchain primitive in chart form, no? everyone fixated on $98k but missing the immutable elegance of how these resistance zones emerge from computational aesthetics
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AirdropFreedom
· 01-02 03:50
My question is, can 98k really be broken?
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GateUser-44a00d6c
· 01-02 03:49
98k can't break through, so it still needs to retest. Feels like 98 is another hurdle.
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DefiOldTrickster
· 01-02 03:48
98k? Haha, this guy is just like me, waiting for arbitrage opportunities at these key price levels. I was looking at it the same way in 2017, and guess what happened... Never mind, I won't say. Now I'm just trying to see if I can extract some yield from this channel.
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AirdropLicker
· 01-02 03:43
98k? Are you dreaming or is there really a chance?
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ExpectationFarmer
· 01-02 03:36
All the 98k moves were just feints; it was about whether it could break through 94,000.
Bitcoin's holding up nicely at the bear flag bottom, gradually forming what looks like a consolidation channel. The key thing here is watching how far this sideways action can stretch.
I've got my eyes on $90.6k and $94.2k as the resistance zones to monitor. But here's what's interesting—if momentum picks up, we could see a test of that $98k level before the short-term picture clears up. Right now it's all about whether this channel tightens or breaks out. The technicals are worth keeping an eye on.