Bitcoin daily chart currently points to a key technical level—$94,000 resistance.



From a fundamental perspective, the price has recently been hitting new highs frequently and repeatedly testing this critical level of 94,000. Such repetition often indicates the possibility of a breakout. Once there is a clear short-term upward momentum, the price has a high probability of breaking through this resistance and further expanding the upward space.

Of course, Bitcoin still has various possible movements this month. For example, a scenario where it retraces from the 89,000 level and then rebounds again is also within the scope of consideration. These detailed changes largely depend on the specific performance of the short-term cycles (hourly and four-hour charts).

As for the medium-term direction, there are still many variables influencing it. The key is to observe the recent K-line performance, especially the trading volume in conjunction.
BTC3,53%
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DAOdreamervip
· 20h ago
Is 94,000 coming again? Will it really break this time or just keep tormenting us repeatedly?
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ApeWithAPlanvip
· 01-13 14:45
94,000 is here again. Will it break this time? Let's see what the trading volume says.
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GateUser-e56dabd4vip
· 01-13 04:37
Bitcoin daily chart currently points to a key technical level—the resistance at $94,000. From a fundamental perspective, the price has recently been frequently hitting new highs and repeatedly testing this critical level of 94,000. Such repetitive testing often indicates a potential breakout. Once there is a clear short-term upward momentum, the price has a high probability of breaking through this resistance and further expanding the upward space. Of course, Bitcoin still has various possible movements this month. For example, a scenario where it retraces from the 89,000 level and then rebounds again is also within the scope of consideration. These detailed changes largely depend on the specific performance of the current short-term cycles (hourly and four-hour charts). As for the medium-term direction, there are still many variables influencing it. The key is to observe the recent K-line performance, especially the trading volume in conjunction.
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WagmiOrRektvip
· 01-13 02:55
94k is blocking there again, can it break this time... --- Trading volume needs to keep up, otherwise it's all just a false alarm --- Repeated testing feels like it's close, just watch the performance in the next couple of days --- It's not surprising to rebound back to 89k, the crypto world is just this chaotic --- If short-term momentum picks up, a breakout is highly likely, but it depends on the hourly chart --- Honestly, this key level is just repeatedly tested, no one can say for sure if it's a real breakout or a fake move --- Trading volume is the key, without enough volume, everything is pointless --- Stuck again at 94k, a bit boring now --- There are too many medium-term variables, it's still early to draw conclusions
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CoffeeNFTsvip
· 01-13 02:54
94,000 is coming again. Can it break this time? Feels like we've tested it several times already.
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DegenRecoveryGroupvip
· 01-13 02:38
The 94,000 barrier, it feels like this time it's really going to break through. If it can't break through and just retraces, it will be a bit frustrating. Let's see what the volume says.
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SelfCustodyIssuesvip
· 01-13 02:30
Is 94,000 coming again? Testing this level every day, it’s really annoying if it doesn’t break through. --- After all this talk, I’m still looking at the hourly chart. This analysis feels a bit虚啊. --- Volume doesn’t match at all, volume is the key. --- Rebound, rebound, still rebounding? I just want to know when it will really break up. --- If this wave still needs to step on 89,000, I’ll laugh. The套路 are all the same. --- Just wait, when momentum picks up, that’s a sign of a breakout. --- Multiple mid-term variables, what are they? It all depends on how the Fed plays. --- What does breaking through 94k mean? Has anyone calculated the potential upside? --- Constant testing is becoming more credible, indicating that the bulls are patient.
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