2026-01-02 03:20:30

Bitcoin's holding up nicely at the bear flag bottom, gradually forming what looks like a consolidation channel. The key thing here is watching how far this sideways action can stretch.

I've got my eyes on $90.6k and $94.2k as the resistance zones to monitor. But here's what's interesting—if momentum picks up, we could see a test of that $98k level before the short-term picture clears up. Right now it's all about whether this channel tightens or breaks out. The technicals are worth keeping an eye on.

BTC1.19%

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AirdropFreedom

· 2h ago

My question is, can 98k really be broken?

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GateUser-44a00d6c

· 2h ago

98k can't break through, so it still needs to retest. Feels like 98 is another hurdle.

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DefiOldTrickster

· 2h ago

98k? Haha, this guy is just like me, waiting for arbitrage opportunities at these key price levels. I was looking at it the same way in 2017, and guess what happened... Never mind, I won't say. Now I'm just trying to see if I can extract some yield from this channel.

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AirdropLicker

· 2h ago

98k? Are you dreaming or is there really a chance?

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ExpectationFarmer