Bitcoin continues to offer two compelling technical scenarios for traders. The bullish white roadmap suggests Wave-3 should push to at least the 1.38 Fibonacci extension target around $93,932. This level represents a significant milestone for upside momentum. On the flip side, the bearish orange scenario keeps its teeth as long as price holds below $94,700. That resistance level becomes the critical decision point—breach it convincingly and the bullish case strengthens; fail to break through and the bear case remains live. Either way, the $93,900-$94,700 zone shapes the near-term narrative for Bitcoin positioning.
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.
21 Likes
Reward
21
10
Repost
Share
Comment
0/400
retroactive_airdrop
· 01-07 15:11
The range from 93,900 to 94,700 is really critical, it feels like betting big or small at a casino.
View OriginalReply0
DaoDeveloper
· 01-07 07:03
ngl the $93,900-$94,700 range is basically where the merkle tree branches rn... either we get the consensus or we don't, lol. been through enough bear cases to know this breakout pattern tho
Reply0
YieldWhisperer
· 01-06 20:35
nah the math on those fibs doesn't track... seen this exact "wave-3 breakout" narrative like five times this cycle already, tbh. $93,932 feels like someone just reverse-engineered the chart to fit a bullish thesis. classic ponzi detector mode activated lol
Reply0
GweiWatcher
· 01-06 19:38
Can that level at 93932 be broken? Feels a bit uncertain...
View OriginalReply0
SerRugResistant
· 01-04 17:01
The 93k to 94k range really feels like a life-and-death line—break through and fly, don't break and keep crouching.
View OriginalReply0
SatoshiNotNakamoto
· 01-04 17:00
The range from 93,900 to 94,700 is really stuck, feels like it's being pulled back and forth here repeatedly, so annoying.
View OriginalReply0
SigmaValidator
· 01-04 16:59
Breaking through this 94,700 barrier is necessary; otherwise, it's a wait-and-see situation.
View OriginalReply0
WhaleSurfer
· 01-04 16:59
94700, this critical level can't be broken, the bear market isn't completely over yet
View OriginalReply0
GasWaster
· 01-04 16:54
ngl... stuck watching this $93,900-$94,700 range like it's my gas tracker, except this time i can't optimize my way out lmao. break $94,700 or cope?
Reply0
SellLowExpert
· 01-04 16:50
93932 that position feels too ideal; is it achievable in reality...
Bitcoin continues to offer two compelling technical scenarios for traders. The bullish white roadmap suggests Wave-3 should push to at least the 1.38 Fibonacci extension target around $93,932. This level represents a significant milestone for upside momentum. On the flip side, the bearish orange scenario keeps its teeth as long as price holds below $94,700. That resistance level becomes the critical decision point—breach it convincingly and the bullish case strengthens; fail to break through and the bear case remains live. Either way, the $93,900-$94,700 zone shapes the near-term narrative for Bitcoin positioning.