BTC continues to be bearish. The 100% Fibonacci extension level is at $86,096, which is a level worth paying attention to. Technically, if Bitcoin can retest this key level, it would be a good long-term entry opportunity. I personally have placed a small buy order at this level, waiting quietly for the market to move. The final target for Bitcoin's current correction should be around this area.
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Web3ExplorerLin
· 12h ago
hypothesis: fib extensions acting like ancient oracles, whispering where price seeks equilibrium... technically speaking, $86k resembles that crossing point where on-chain data & sentiment networks finally bridge the gap. ngl, small positions at support levels feel very silk road merchant energy rn
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JustHereForAirdrops
· 12h ago
86k this level sounds good, but I'm more concerned about when it will actually drop significantly.
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SilentObserver
· 12h ago
86k is indeed a significant level, but it seems like it still needs to drop a bit more before it can turn around.
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SandwichTrader
· 12h ago
86K this level is indeed interesting, but I still think it needs to drop a bit more to see.
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ForkItAll
· 12h ago
86K is really an excellent entry point. I'm also placing an order and waiting to see who can finally catch the bottom.
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SchrodingerGas
· 12h ago
When the number 86096 appears, I immediately know it's another Fibonacci believer, but... does on-chain data support this judgment? Or is it just a pure technical gamble?
BTC continues to be bearish. The 100% Fibonacci extension level is at $86,096, which is a level worth paying attention to. Technically, if Bitcoin can retest this key level, it would be a good long-term entry opportunity. I personally have placed a small buy order at this level, waiting quietly for the market to move. The final target for Bitcoin's current correction should be around this area.