Bitcoin continues its consolidation phase without breaking key support levels despite recent equity market weakness on Friday. The $94.2k level remains the critical topside resistance—breaking above here would signal real upside momentum. Looking at the downside, the market is trying to hold steady around $89.2k, with $87.4k acting as the next significant support zone if selling intensifies. So far, BTC hasn't even tested these levels too hard, which suggests the market structure remains relatively intact.
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TokenAlchemist
· 12-17 07:02
ngl the $94.2k resistance is just noise until we see actual volume divergence... market structure's holding but that's basically saying nothing lol. real alpha is watching where liquidation cascades hit, not these surface-level support zones everyone's obsessing over
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AirdropBlackHole
· 12-17 01:11
94.2k feels like a stretch to break, but the overall structure is still quite solid.
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RugDocScientist
· 12-16 14:46
Oh my god, still hesitating, can't we just break through 94,000 directly?
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BearMarketMonk
· 12-14 07:49
Basically, this is the most boring phase of the entire cycle. Whether 94.2k breaks or not is irrelevant; what's truly interesting are those bottoms that haven't been tested — the market is just fooling itself.
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GasDevourer
· 12-14 07:48
94.2k If it can't break through, it'll just stay sideways forever, anyway I can't understand it anyway
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DaoResearcher
· 12-14 07:48
From the data performance, the current consolidation market structure of BTC actually exposes a serious problem—if the 94.2k resistance level cannot be broken, it indicates that on-chain large holders' governance negotiations have not yet reached a consensus. It is worth noting that 89.2k is the true equilibrium point.
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CoffeeNFTs
· 12-14 07:39
Honestly, 94.2k feels a bit uncertain to break through
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SchrodingerWallet
· 12-14 07:34
They're all consolidating; breaking 94.2k really isn't interesting.
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CryptoSurvivor
· 12-14 07:23
94.2k, whether it breaks or not really depends on this wave. Dragging it out any longer is pointless.
Bitcoin continues its consolidation phase without breaking key support levels despite recent equity market weakness on Friday. The $94.2k level remains the critical topside resistance—breaking above here would signal real upside momentum. Looking at the downside, the market is trying to hold steady around $89.2k, with $87.4k acting as the next significant support zone if selling intensifies. So far, BTC hasn't even tested these levels too hard, which suggests the market structure remains relatively intact.