Recently, Bitcoin's trend has been quite interesting. The surge yesterday directly broke through the 90500 level, even reaching around 90800. But then it pulled back to test the 89500 line—which was previously a resistance level—and now that it has been touched, it can be considered a confirmation.



Currently, the market is stuck oscillating between 89500 and 90500. Everyone understands the issues over the weekend; liquidity is relatively thin, so we can only wait for market signals. However, a good piece of news is that Bitcoin has stabilized near the 90000 round number, which usually indicates that there might be a new wave of upward momentum coming.

From a daily chart perspective, this sideways accumulation pattern could push the price up to at least 94000. I personally am optimistic about this trend and added to my position yesterday. The next step is to see if it can successfully break through the resistance above 90500.
BTC0.31%
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ForkTonguevip
· 9h ago
90500 this level is really a bit annoying, trying repeatedly, just won't give a satisfying result Added positions? I want to too, but I just ran out of bullets haha The liquidity over the weekend is indeed scarce, I think we're just waiting to be cut 94000? Are your expectations a bit too optimistic?
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PerpetualLongervip
· 9h ago
It's the same old story, adding positions, adding positions, adding positions, then layering on more later. When the bears come, it's blamed on liquidity; when it rises, it's called accumulation. Sounds so convincing, brother. Stabilizing at 90,000? I thought so yesterday too. Now I'm completely wiped out.
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GasFeeCryBabyvip
· 9h ago
Has the 90,000 level been stabilized? Wake up, brother. With such poor liquidity over the weekend, you're still adding positions. This move is a bit risky.
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TokenVelocityTraumavip
· 9h ago
90,000 is indeed a psychological level, but I think the liquidity is terrible over the weekend. Let's wait until Monday.
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MemeKingNFTvip
· 9h ago
It's the same old oscillation routine again, the 90000 level is really being worshipped as a deity Adding positions might be a bit early, this weekend with thin liquidity... don't you have a sense of timing? 94000? Let the bullets fly for a while first, don't turn into a story of being a leek again If we can't break through 90500, then we'll admit defeat. I’ve learned to be smart this time Listening to the sideways accumulation talk until my ears are calloused, and every time it's the same, but what’s the result? Standing firm at the round number level, I've been hearing that since 2020, the market speaks for itself now But on the other hand, this wave is indeed a bit interesting, the confirmation at 89500 still has value
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CommunityWorkervip
· 9h ago
Once 90,000 stabilizes, it will be comfortable; waiting for a breakdown.
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