2026-01-08 07:21:31

Bitcoin has fallen from 95,000 by 5,000 points. The current question is whether this correction is a short-term adjustment or a trend reversal.

The key is whether 90,000 can hold. This round number not only corresponds to the MA60 moving average but also serves as a psychological barrier. Once broken, it indicates that the recent upward pattern has been disrupted, and the short-term structure is weakening.

Deeper support is around 89,000. If the price drops here, it is likely to test this month's opening price of 87,600—this signals a risk release in the market.

Conversely, if BTC rebounds from 9,000 or the current level and stabilizes around 92,500 on the daily chart, this risk pattern can be broken, and the price may then push towards the resistance level near 95,000.

BTC0,09%

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DoomCanister

· 9h ago

Once 90,000 breaks, you have to run; don't talk about any psychological defense line.

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GateUser-2fce706c

· 16h ago

I've already said that this wave should be positioned at 92,500. While others are fearful, I am greedy. Now is the golden opportunity to buy the dip.

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FlashLoanLord

· 01-09 06:22

Is breaking or not breaking 90000 really the point of interest? --- Once again, it's the same theory. Last time I said that, BTC directly fell through. --- I don't trust the MA60 line; the psychological defense line explanation is always inaccurate. --- I remember last month 87600 was also an "important support"; and look what happened. --- Right now, it's just a gamble whether 90000 can hold. If it holds, there's still hope; if it breaks, be cautious. --- It's not too late to stand firm at 92500; stop making these predictions. --- This wave of correction feels like a shakeout, just waiting for a rebound. --- Every time I analyze so carefully, the market moves in the opposite direction. I'm used to it. --- 89000 is the real bottom line; below that, it's really over. --- It's just annoying to watch; if it drops, let it drop—why all these support levels?

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