2026-01-20 20:00:57

Bitcoin's clinging to the $90,000 mark after bouncing back over the weekend, yet the market's got completely different vibes on what comes next. Some voices are screaming bloody murder about an incoming crash. Others? They're zooming in on a critical price level that could swing the whole sentiment from bullish to bearish.

Longtime skeptic Peter Schiff is making noise again, arguing that Bitcoin's inability to sustain momentum signals deeper weakness ahead. Meanwhile, different analysts are laser-focused on a specific resistance zone—if it breaks, the bears take charge. If it holds, maybe there's still juice left.

The split is real. You've got the perpetual doubters, the pattern-watchers, and everyone in between trying to read the tea leaves. Weekend bounces feel nice until they don't. Whether this price action near $90K turns into a proper rally or just another fakeout depends heavily on how that key zone responds.

BTC-0,75%

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.

7 Likes

Reward
7
5
Repost
Share

Comment

0/400

AlgoAlchemist

· 18h ago

Another bunch of Schiff's old tricks, how is this guy not tired yet lol Breakout or hold, just watch that line... Isn't the weekend rebound just as fake as ever? 90,000 yuan stuck here, either explode or blow up, no middle ground

View OriginalReply0

PaperHandSister

· 18h ago

$90,000 really is a tough barrier, it feels like it's about to break at any moment It's the same old story with Peter Schiff... how is this guy not bankrupt yet Weekend rebound was nice, but I think it's just a false breakout, and it will start falling again tomorrow If the key resistance level can't be broken, I'll go all-in on short positions Listening to those analysts talk, it's not as honest as just looking at the candlestick charts Is Bitcoin doing this back-and-forth to force me to close my positions? Breakdown or hold the line, this time it's really down to these two days, I can't hold on much longer

View OriginalReply0

BlockBargainHunter

· 18h ago

90,000 is still worth watching; whether the key level breaks or not is the real test.

View OriginalReply0

DeadTrades_Walking

· 18h ago

It's Peter Schiff again talking down... This guy is truly Bitcoin's eternal minister. Whether it can break the resistance this time is the real question; otherwise, it's just another weekend rebound that can't escape its fate.

View OriginalReply0

OnchainDetective

· 18h ago

On-chain data has been speaking for a while; the 90K level simply can't hold... During the weekend rebound, I noticed abnormal fund flows, clearly the last accumulation before institutions dump the market.

View OriginalReply0