Recently, the judicial actions in the US have caused widespread panic, with investors frantically buying up gold and silver, making the hard asset market extremely hot. But what about Bitcoin? The response has been quite lukewarm. From a technical perspective, Bitcoin is currently in a delicate position—likely brewing a wave of correction.



According to the Elliott Wave Theory analysis framework, there are two key price levels to watch: if Bitcoin falls below $87,142, the next support level depends on whether $80,620 can hold; conversely, if it breaks through $94,625, it means the bulls still have the strength to continue pushing upward, and a new high is not a dream.

The current question is, which direction will Bitcoin go? Market sentiment and technical signals are giving clues; it all depends on how the upcoming trading volume and price movements coordinate.
BTC4.49%
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OnchainGossipervip
· 19h ago
Breaking through is just breaking through, anyway we're all used to it, it's not the first time --- This wave is really unpredictable, it feels like Bitcoin is just waiting for some signal --- Gold and silver are going crazy, but Bitcoin is sluggish, it's absurd --- I'm watching the key level at 87142, if it's broken, I have to admit defeat --- It's technical analysis again, and wave theory too, honestly no one can predict it accurately --- Trading volume is the key, everything else is just talk --- How likely is the breakthrough at 94625? Feels pretty uncertain --- US judiciary causing trouble, gold taking off, Bitcoin staying silent, this logic is really strange --- Just waiting to see if 80620 can hold --- Looks like Bitcoin is still in a daze
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CryptoMomvip
· 19h ago
Gold and silver are both frantically being bought up, while the crypto circle is freezing cold... I really can't understand it. Wait, if it breaks 87142, then we have to see if 80620 can hold. That level is indeed delicate. Is it going to fall or surge? Who the hell can say for sure? Trading volume isn't picking up, so all the technical analysis in the world is probably useless. It feels like this wave is about to retrace, so reduce your holdings of coins for now.
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ProposalDetectivevip
· 19h ago
Gold and silver are booming, but Bitcoin is still hesitating. The difference in treatment is just too obvious. If I can't hold 87k, I'll just cut and run directly. Anyway, the technical level at this position is already awkward. Only when breaking through 94k will I dare to tell a story; otherwise, it's all nonsense. The trading volume is the real signal; just follow the price movement. Don't analyze blindly. What is Bitcoin's temperament, really thinking...
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SmartContractPhobiavip
· 20h ago
Gold prices are going crazy while Bitcoin is just sleeping, this contrast is quite extreme --- If I can't break 88k, I'll go all-in on short positions, anyway I can afford to lose --- Wait, is this really a correction or just another trick to scare me into selling? --- Continuing the bullish push? Dream on, brother, the volume simply can't keep up --- I've long stopped believing in the wave theory, it's just armchair analysis after the fact --- I'm almost numb from being trapped; if it drops, so be it, I don't care --- It's unrealistic to expect 80k to hold; the next support level depends on 75k --- With such sluggish trading volume, what's with all the talk about new highs? Ridiculous
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ser_aped.ethvip
· 20h ago
Gold has been wiped out, and Bitcoin is still hesitating... I truly believe this correction is highly likely. Wait, if it really breaks 87K, can the 80K level hold? Honestly, it's a bit uncertain. But on the other hand, if it truly breaks the 94625 level, then it's a different story. Trading volume needs to be strong; looking at the price alone is useless. This wave of market looks a bit strange, feels like the market hasn't decided yet. The range between 88K and 93K is awkward, both bulls and bears lack confidence. Basically, it's waiting for volume to confirm the direction; right now, nothing can be predicted.
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LostBetweenChainsvip
· 20h ago
Gold is surging while Bitcoin hasn't reacted yet, this buying and selling doesn't seem quite right --- Wait, can 87142 really hold? I feel like there's a greater chance of breaking down --- Hard assets are booming, but the crypto circle is so cold, I just don't get it --- If 94625 breaks through, I'll consider adding to my position; right now, just waiting for signals --- Instead of looking at wave theory, it's better to watch how institutions move; that's the real signal --- Bitcoin's recent reaction has been really poor, I feel like I need to keep holding and watching --- Can 80620 hold? It all depends on whether the trading volume in the next couple of days cooperates --- The judicial side is causing a fuss, funds are flowing into gold and silver, the crypto circle has been neglected --- What a subtle joke, just say it might fall and be done --- Break through 94625 to take off, fall below 87142 and it's game over, it's that simple
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