Bitcoin's price movement today looks sluggish. After getting rejected hard at $94K, it keeps sliding lower even though equities are showing solid strength. That disconnect is notable.
Here's my take on the support level: anything holding above $89.5K should be considered acceptable. The reason I'm confident with this zone is we've got a double point of conviction stacked here—combining multiple technical signals on the 21-day timeframe. When you get that kind of confluence, it typically matters.
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SchroedingerGas
· 43m ago
Being smashed through 94K is indeed a bit embarrassing; this wave of correction doesn't seem to be over yet.
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AirdropBlackHole
· 01-08 00:15
94K being broken through just shows this wave isn't that simple. Can 89.5K really hold?
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SleepTrader
· 01-08 00:02
Getting hit with 94K really feels a bit uncomfortable... Is this exit signal too obvious?
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CounterIndicator
· 01-07 23:57
94K being smashed through is truly outrageous, the stock market is still red and falling, this disconnect really can't hold up
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MerkleMaid
· 01-07 23:38
94K dropped really hurts, the stock market is excited but it slipped, this show is a bit strange...
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ShibaOnTheRun
· 01-07 23:34
94K got smashed down, what else can I say, I'm really convinced. If we can't hold 89.5K, things will be a bit uncertain.
Bitcoin's price movement today looks sluggish. After getting rejected hard at $94K, it keeps sliding lower even though equities are showing solid strength. That disconnect is notable.
Here's my take on the support level: anything holding above $89.5K should be considered acceptable. The reason I'm confident with this zone is we've got a double point of conviction stacked here—combining multiple technical signals on the 21-day timeframe. When you get that kind of confluence, it typically matters.