Bitcoin's pullback could extend further before the next leg up kicks in. The key target sits at the 100% Fibonacci retracement around $86,096. If BTC holds below this level, we might see another dip. But here's the thing—once it breaks above $90,354, that's when wave-3 likely takes over and pushes prices higher. The chart suggests this consolidation phase should resolve soon.

BTC0,52%
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
  • 7
  • Repost
  • Share
Comment
0/400
RealYieldWizardvip
· 3h ago
It's Fibonacci again, and Elliott Wave Theory, acting like it's the real deal.
View OriginalReply0
ChainWatchervip
· 3h ago
Is 86k really that important? I think this move is just a shakeout; only when 90k breaks will it truly take off.
View OriginalReply0
LiquidityHuntervip
· 3h ago
How is this point at 86096 calculated? Has it been disturbed again by liquidity gaps from some unknown exchanges? I scanned the DEX data early this morning, and the price differences of a few trading pairs are a bit outrageous. After breaking through 90354, can it really enter the third wave? I still feel there’s an unfilled arbitrage space with a pullback in the middle...
View OriginalReply0
fork_in_the_roadvip
· 4h ago
It's the same old Fibonacci sequence again; the probability of a feint feels even higher.
View OriginalReply0
GweiWatchervip
· 4h ago
Wave theory again? 86K is the bottom line, breaking through 90K will take off, just listen and see.
View OriginalReply0
AirdropDreamervip
· 4h ago
86k is really a hurdle; only if you can hold it will there be hope.
View OriginalReply0
DecentralizedEldervip
· 4h ago
Here we go again with the Fibonacci method... Honestly, it's just gambling.
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)