2026-01-19 23:24:42

Recently, Bitcoin has pulled back from the high of 98,000 to just above 90,000, with the rally clearly slowing down. However, from the trend perspective, this looks more like a consolidation within strength rather than a destructive decline.

Interestingly, from the chart observation, BTC has already completed a rebound from the value bottom of proof-of-work (PoW), marked by an orange line. Historical data shows that whenever Bitcoin stabilizes at this critical level, it often experiences a significant upward trend. This is not to say it will skyrocket, but rather based on market patterns that repeat historically — this level is often a key support for the bulls.

From this perspective, the current correction may just be a phase of accumulation.

BTC-2,21%

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YieldWhisperer

· 13h ago

Just adjust it if you want, the bottom support is just sitting there, history will repeat itself --- Starting to talk about historical patterns again, will it be the wolf again this time? --- Once the 90,000 level stabilizes, continue to push upward, there's nothing to worry about --- I've heard the term "accumulation phase" too many times, let's see how far it can go --- The rebound at the PoW bottom is indeed interesting, but it also depends on whether the volume can keep up --- Instead of guessing, it's better to wait for a breakout; sideways movement is just testing the bulls' patience --- This wave of adjustment isn't very large, no real destructive decline has been seen --- Support levels are just support levels, the key is whether it can break through the previous high

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DefiPlaybook

· 13h ago

According to on-chain data, the current correction clearly shows signs of a healthy adjustment—trading volume has not significantly shrunk, indicating limited selling pressure. It is worth noting that in historical statistics, 89% of the time after BTC hits the PoW value bottom, a significant upward trend follows. This data pattern is quite reliable. A risk reminder: although technical support appears sufficient, macro liquidity changes should still be monitored carefully. It is recommended to keep positions flexible.

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rugdoc.eth

· 13h ago

The word "accumulating power" sounds so satisfying. Anyway, I won't sell it. I'll hold on until that orange line is reached to complete the mission.

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WalletDivorcer

· 13h ago

I’ve had my eye on the 90,000 level for a long time; history tends to repeat itself this way. The logic of a bottom rebound in PoW has been heard too many times. The ones who actually make money are often those who don’t follow the conventional rules. Accumulation phase? Or just a story to trap retail investors—who knows?

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SillyWhale

· 13h ago

It's another charging phase, another historical pattern. Why does this sound so familiar, haha? Wait, did it really bounce back from that orange line? I need to check for myself, or else I might get swept up in the hype just from the description. Just over 90,000 isn't really a break, but don't get too excited either. Be careful of a sudden dip.

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LiquidityNinja

· 13h ago

Adjustment is just an adjustment. Don't overcomplicate with all those fancy historical patterns. Only if 9K can hold is it meaningful. Waiting to see if it can really break new highs, talking more is just useless. This wave feels a bit fake. How did confidence suddenly explode? So what if the orange line is there? It will still be cut down when it drops. Honestly, I can't see much. Just waiting for a rebound. Charging up, charging up. Feels like I say this every time, but what’s the result? For those who insist on bullish, what are they betting on? Tell me.

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