2026-01-20 02:35:41

BTC currently facing $98k as a heavy resistance zone. The pullback has brought price action back below the $94k mini breakout level—recapturing both these points is crucial before testing the psychological $100k barrier.

For the bears, there's a clear mission: execute that bear flag pattern. If they can engineer a convincing breakdown through the $88k-$90k support range, that's when the bearish case gains real traction. Right now, it's all about whether bulls can defend these levels or if selling pressure finally takes control.

BTC-3,66%

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.

11 Likes

Reward
11
6
Repost
Share

Comment

0/400

LiquidationSurvivor

· 19h ago

98k is stuck, really can't hold on anymore --- If the bears really break through 88k, it will get serious --- Here comes the psychological level again, 100k is just a number game --- I bet the bulls won't hold, bottoming out next week --- If 88-90 breaks, we're going to have to run --- Can we rebound past 94k this time? Feels uncertain --- How many times has the bear flag tricked me?

View OriginalReply0

ProofOfNothing

· 19h ago

98k resistance is back again, this show is really annoying. --- Only a break above $94k would be meaningful, otherwise it's just a fake move. --- If the bears really break $88k, then I’ll believe it. Right now, it’s all talk. --- $100k psychological level is so close but still can't be reached? That's a bit suspicious. --- Watch out, defending $90k is key, otherwise we might have to turn back. --- It's the same technical analysis again, always saying the same thing. --- $98k resistance has been tested so many times, it feels like it should have broken through by now. --- Bear flag? Wake up, brother, this technical analysis is too old-fashioned.

View OriginalReply0

ForkInTheRoad