2026-01-16 05:23:58

Bitcoin has formed a top signal at the 98,000 level. This judgment is almost an exclusive view in the market, supported by solid technical fundamentals. From the trend perspective, around 97,000 will become the trigger point for the previous decline, and then the price is likely to fluctuate up and down repeatedly. This kind of volatility is part of a normal consolidation process. However, from a medium-term perspective, Bitcoin will ultimately seek a bottom around the key area of 89,000-90,000, which is the main support level to watch in the future.

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.

14 Likes

Reward
14
7
Repost
Share

Comment

0/400

LiquidatedTwice

· 01-18 18:45

Top signal at 98,000? Bro, I don't quite understand. Anyway, I've been trapped twice before. I don't trust any technical indicators now; I just watch the price action.

View OriginalReply0

BankruptcyArtist

· 01-17 01:16

98,000 peak? To be honest, I've heard this logic several times before, and I almost believed it each time. 89,000-90,000 is the real test; only then will we know who's swimming naked. How long will this wave of volatility last? Can it really follow the usual pattern?

View OriginalReply0

TokenRationEater

· 01-16 05:53

98,000 Top Signal? Bro, that's a pretty bold judgment... Can 97,000 really hold this position?

View OriginalReply0

MetadataExplorer

· 01-16 05:52

98,000 is the top? Uh... I've heard this exclusive opinion several times already.

View OriginalReply0

MidnightTrader

· 01-16 05:45

98,000 is the peak? I don't think so. There are too many exclusive opinions like this, and in the end, they all get slapped in the face.

View OriginalReply0

MoneyBurnerSociety

· 01-16 05:32

98,000 peaks, 89,000 bottoms, with this rhythm, how do I feel like I'm just making excuses for my liquidation?

View OriginalReply0

ReverseTrendSister

· 01-16 05:25

98,000 peak? I think this guy is overthinking it; it's just oscillation and shakeout. --- Is 89,000-90,000 really a support? It feels like 98,000 will drop straight through. --- Listening to this exclusive opinion sounds ridiculous; technical analysis can be right no matter what. --- Why is the 97,000 trigger point so coincidentally placed... --- Repeated oscillation, isn't that just because no one has a good plan? Haha. --- Mid-term bottom search? Let's see if it can stabilize this week first. --- Support at 89,000, wow, how many people's stop-losses got triggered. --- This analysis feels a bit presumptuous... --- Just talking about the bottom position, what's the use? When it really drops is what counts.

View OriginalReply0