2026-01-17 17:58:21

Bitcoin's technical picture suggests three distinct scenarios based on current price action. A sustained break above the 94k level would signal bullish momentum. If price trades within the 90-94k range, expect consolidation and indecision. However, a breakdown below 90k would trigger bearish sentiment. Watch these key levels closely for directional clues on the next major move.

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.

18 Likes

Reward
18
9
Repost
Share

Comment

0/400

PoetryOnChain

· 01-20 16:48

94k break below is what counts. This whole situation is really frustrating.

View OriginalReply0

MEVHunterZhang

· 01-20 10:47

94k breaking below and taking off, 90k breaking below and likely to fall, this market is going to keep fluctuating again

View OriginalReply0

HodlTheDoor

· 01-19 12:26

Breaking 94k is just a shakeout; only when it's broken does it count. Who can say for sure about this market now?

View OriginalReply0

StopLossMaster

· 01-17 18:28

Can we ride the wave after breaking 94k? I think it's risky this time. Between 90-94k, it's fluctuating back and forth, and funds are on the sidelines.

View OriginalReply0

AirdropHustler

· 01-17 18:27

It's really panic-inducing that 94k can't be broken through. Constantly messing around in this ghost zone between 90-94k all day long.

View OriginalReply0

FomoAnxiety

· 01-17 18:27

94k breakdown is the real deal; otherwise, it's just a repeated game of cutting leeks.

View OriginalReply0

GateUser-00be86fc

· 01-17 18:26

94k breaking below is the real test of strength; otherwise, it's just a game of repeated fluctuations.