January 18th Bitcoin Price Movement Observation



Bitcoin has retraced from 97,932 and is now oscillating around the 95,000 level, which is a typical accumulation phase.

Looking at the 1-hour chart details, the lowest point at 94,200 has successfully held, and the previous consolidation platform has not been effectively broken. This indicates that the retracement is healthy, simply digesting the previously trapped positions. Short-term selling pressure is gradually easing, and bullish momentum is building. Breaking the previous high of 97,900 is not a matter of if, but when. Once it stabilizes here, the upside space will be fully open, and the 100,000 mark will be no obstacle at all.

Practical trading strategy: Consider going long at 94,200 and 94,800. The first target is 98,000; if this level is broken, aim directly for 100,000.

Focus on the coin: #美国核心物价涨幅不及市场预估 $BTC $SOL
BTC-0.08%
ETH1.29%
SOL-1.07%
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FromMinerToFarmervip
· 7h ago
94200, hold your ground and head straight for 100,000. If you don't jump on this wave, you'll really regret it.
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ApeWithAPlanvip
· 7h ago
Hold your ground at 94200, this wave the bulls haven't escaped
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¯\_(ツ)_/¯vip
· 7h ago
94200 has held again, I understand this rhythm now, the hundred thousand is right in front of us.
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