Bitcoin's market today follows the same old pattern—repeated oscillations at high levels, mostly consolidating. In simple terms, it's about choosing a direction, and there's no clear short-term trend.
Remember these two key levels: support is below at the $86,000-$87,500 range, and resistance is at $89,000-$90,000. As long as the price stays within this range, today will be a sideways consolidation with a battle between bulls and bears.
What is the real turning point to watch? If Bitcoin can break through $90,000 with volume and stabilize above it, that would be a meaningful breakout. Otherwise, it will continue to test within the range. This move still depends on the data to tell the story.
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BrokenDAO
· 13h ago
It's the same range-bound game again, with bulls and bears repeatedly testing each other. Frankly, neither side wants to make the first move. The real turning point depends on whether there's enough volume to support it; otherwise, it's all just a false alarm.
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DaoGovernanceOfficer
· 13h ago
empirically speaking, the data suggests this is just noise until we see volume confirmation above 90k. without proper on-chain metrics to validate breakout strength, we're basically watching price action theater tbh... the governance efficiency of these support/resistance levels depends entirely on order book depth, which nobody's actually measuring here smh
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ThesisInvestor
· 13h ago
It's the same old trick again, messing around between 86-90 repeatedly, it's annoying to watch.
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ruggedSoBadLMAO
· 13h ago
Here we go again with the range-bound fluctuations... I'm already fed up with it.
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OffchainOracle
· 13h ago
It's the same pattern again, constantly fluctuating between 86 and 90 every day. It's so annoying to watch.
Bitcoin's market today follows the same old pattern—repeated oscillations at high levels, mostly consolidating. In simple terms, it's about choosing a direction, and there's no clear short-term trend.
Remember these two key levels: support is below at the $86,000-$87,500 range, and resistance is at $89,000-$90,000. As long as the price stays within this range, today will be a sideways consolidation with a battle between bulls and bears.
What is the real turning point to watch? If Bitcoin can break through $90,000 with volume and stabilize above it, that would be a meaningful breakout. Otherwise, it will continue to test within the range. This move still depends on the data to tell the story.