Bitcoin's been testing our levels pretty well. That weekend close above 91.1K broke through a key sell wall, which is solid confirmation. Now here's the thing—if we manage a close between 94.5K and 95.5K, we're looking at a proper change of character pattern. That would open up a bullish run all the way to the 50-week moving average.
That said, I'm watching for one thing first: those CME gaps probably get filled on the way up. We might see leverage positions liquidate before the real move happens. Don't be surprised if there's some flush action taking the price down temporarily before the next leg. Just keep your eyes on those levels.
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GrayscaleArbitrageur
· 01-08 07:17
The 94.5-95.5 level is really crucial. Let's see if it can hold steady.
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DegenDreamer
· 01-07 16:47
94.5K, that threshold really needs to be maintained, or else another round of washing will be needed.
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GateUser-3824aa38
· 01-05 13:59
94.5k is the real watershed; now it's a bit uncertain.
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rekt_but_not_broke
· 01-05 13:50
Is the 94.5K-95.5K range really that important? It feels like it's always said this way every time.
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MondayYoloFridayCry
· 01-05 13:41
The 94.5K level is indeed critical, but I still think the CME gap wave will be very fierce.
Bitcoin's been testing our levels pretty well. That weekend close above 91.1K broke through a key sell wall, which is solid confirmation. Now here's the thing—if we manage a close between 94.5K and 95.5K, we're looking at a proper change of character pattern. That would open up a bullish run all the way to the 50-week moving average.
That said, I'm watching for one thing first: those CME gaps probably get filled on the way up. We might see leverage positions liquidate before the real move happens. Don't be surprised if there's some flush action taking the price down temporarily before the next leg. Just keep your eyes on those levels.