Bitcoin falls below $90,000, with $86,000 becoming a key defense line

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[CryptoWorld] The Sunday cryptocurrency market still shows no significant highlights. Bitcoin has already fallen below the $90,000 mark, and trading volume remains tepid. Investors are all waiting.

In the coming days, a wave of macroeconomic data will be released, which will determine the market’s mood: unemployment rate, ADP employment report, weekly initial jobless claims, along with November inflation data and the yen rate hike trend. These are all major events influencing Bitcoin’s direction.

Currently, the market is in a range-bound oscillation with light trading volume and low market participation. Many analysts are watching the $86,000 level, considering it a crucial support that Bitcoin must hold. If this support is broken, a sharper decline could follow. In other words, whether the next rally can happen depends on whether the market can hold steady here.

BTC0.21%
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WhaleWatchervip
· 12-17 04:40
Is 86,000 really the life and death line? It feels like every time I hear people talk about the defense line, but it still gets broken.
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MidnightSellervip
· 12-15 20:45
Breaking 86,000 really means panic. If we can't hold this line, we need to prepare to buy the dip.
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SerumSquirrelvip
· 12-14 14:48
We really have to hold the 86,000 mark. If it drops further, we'll start to panic.
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SoliditySurvivorvip
· 12-14 14:40
If you can't hold 86,000, it's really going to be over. Now it's just a gamble on economic data.
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0xLuckboxvip
· 12-14 14:35
Can the 86,000 line really hold? It feels really uncertain.
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TradingNightmarevip
· 12-14 14:25
We really have to hold the 86,000 level; otherwise, it will directly enter a downward mode, and we'll suffer losses again.
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NewPumpamentalsvip
· 12-14 14:24
If we can't hold 86,000, then we really have to settle it all at once.
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