Bitcoin had a rough go this week. Prices shot up early but couldn't hold the momentum, sliding back below 91k. The pullback was pretty sharp once the selling pressure kicked in. I was watching the charts and it's clear the bulls ran out of steam pretty fast. Current levels are hovering around 80.95k, which is a decent drop from where we were just days ago. Makes you wonder if we'll see another push higher or if this is the start of a longer correction. The price action on Bitcoin in early January suggested some strength, but yeah, these quick reversals are something to keep an eye on when you're trading.

BTC0.77%
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin