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.

BTC0,42%
View Original
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.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
Web3ExplorerLinvip
· 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
Reply0
JustHereForAirdropsvip
· 12h ago
86k this level sounds good, but I'm more concerned about when it will actually drop significantly.
View OriginalReply0
SilentObservervip
· 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.
View OriginalReply0
SandwichTradervip
· 12h ago
86K this level is indeed interesting, but I still think it needs to drop a bit more to see.
View OriginalReply0
ForkItAllvip
· 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.
View OriginalReply0
SchrodingerGasvip
· 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?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)