Bitcoin's stuck grinding through a messy range right now. The real test is $92.5k—until we clear that, we're just consolidating after a nasty dump. Price is holding around the $80ks, which is something. The selling pressure's fading but we haven't seen real buying conviction kick in yet either. It's that in-between zone where neither side's got full control. Once we punch through $92.5k though, things could move fast in a hurry. Lose that level and we're looking at more downside trouble.

BTC0.46%
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.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
TheMemefathervip
· 9h ago
The 92.5k barrier needs to be broken, otherwise it's still just dragging on...
View OriginalReply0
GateUser-75ee51e7vip
· 9h ago
If 92.5k can't be broken, it's really frustrating. Just dragging it out like this is pointless.
View OriginalReply0
GasOptimizervip
· 9h ago
92.5k is the life-and-death line. If it can't break through, just keep consolidating sideways. Anyway, I've already given up.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)