The bulls, ever the paragons of resilience, continue to outmaneuver the bears, as per the esteemed CoinMarketCap. 🐂
BTC/USD
Bitcoin, that most obstinate of cryptocurrencies, defies the trend, plummeting 0.44% in the past day-proof that even the most resilient can falter. 🐢
On the hourly chart, Bitcoin’s rate meanders toward the local support at $93,121. Should the sellers persist, a breakout is inevitable, leading to a descent into the $92,500-$93,000 abyss. 🕳️
In the longue durée, Bitcoin’s price has staged a false breakout against the established resistance at $94,652-a performance worthy of the Royal Academy. 🎭
If the daily bar closes far from that mark, there is a high chance of seeing a test of the $92,000-$93,000 area this week. A spectacle not to be missed. 🎭
From the midterm point of view, traders should focus on the nearest level of $94,652. If bulls can hold the gained initiative, the accumulated energy might be enough for a blast to the $100,000 area. A dream worth chasing, though likely as ephemeral as a morning mist. ☁️
Bitcoin is trading at $93,724 at press time-proof that even in chaos, there is a strange kind of order. 🧩
Read More
- Gold Rate Forecast
- Brent Oil Forecast
- Silver Rate Forecast
- HBAR PREDICTION. HBAR cryptocurrency
- Oh My Goodness! Will PENGU Balloons to a Whopping 38%? Find Out Now! 🐧💥
- Crypto Market Madness 🚀
- USD PLN PREDICTION
- DOT PREDICTION. DOT cryptocurrency
- SPX PREDICTION. SPX cryptocurrency
- JPMorgan & Coinbase Join Forces: Crypto Gets Its Official Big Kid Pants
2026-01-06 20:10