The Bitcoin weekly close is shaping up to be critical—it'll basically set the tone for everything else this month. Holding above the $91k level is what we need to see if the bull run has real legs.
Here's what's got me optimistic though: altcoins have just wrapped up their longest bear run in history. That's actually a pretty solid signal. When you've been beaten down that badly for that long, the setup for a reversal starts looking interesting. So we're watching to see if Bitcoin can hold its ground and give the rest of the market some breathing room.
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OnchainFortuneTeller
· 1h ago
91k is indeed a critical level, but what I care more about is whether altcoins can really rebound...
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BearMarketMonk
· 01-11 13:00
That 91k barrier is just an illusion, to be honest. History has shown that every time people believe in this, there are no more afterwards. It's true that altcoins get hammered to the ground, but a rebound? Well, it depends on how much retail investor blood is left.
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SchroedingerAirdrop
· 01-11 12:57
If 91k can't hold, it's over. This week is too critical.
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MidnightGenesis
· 01-11 12:56
On-chain data shows that this week's close is indeed a bit tricky. If the 91k level can't hold, we'll need to reassess from there.
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BTCBeliefStation
· 01-11 12:47
If I can't break this crucial 91k level, I really won't be able to sleep, I just can't bear it.
The Bitcoin weekly close is shaping up to be critical—it'll basically set the tone for everything else this month. Holding above the $91k level is what we need to see if the bull run has real legs.
Here's what's got me optimistic though: altcoins have just wrapped up their longest bear run in history. That's actually a pretty solid signal. When you've been beaten down that badly for that long, the setup for a reversal starts looking interesting. So we're watching to see if Bitcoin can hold its ground and give the rest of the market some breathing room.