Bitcoin breaks through $94,000! Up more than 2.6% in 24 hours

ZkSnarker · 2026-01-05T16:08:10+00:00

Bitcoin recently broke through $94,000, currently priced at $93,860, with a 24-hour increase of 2.66%. The market is strong, but there is a risk of a pullback after a short-term breakout. Investors are advised to manage risks carefully and operate cautiously.

ZkSnarker

2026-01-05 16:08:10

Abstract generation in progress

【Blockchain Rhythm】Bitcoin just broke through the $94,000 mark and is now at $93,860, with a 24-hour increase of 2.66%. This wave of market movement is quite interesting; after a short-term breakout, there was a slight pullback, but the overall trend remains quite strong. Those paying attention to the market should also notice that Bitcoin’s volatility has indeed increased in recent days, especially since short-term breakouts often attract a wave of participation. However, risk management is still essential, as rapid price surges can easily form a spike pattern. Friends looking to buy the dip or to take action should consider their own strategies and avoid chasing highs.

BTC-2,08%

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.

19 Likes

Reward
19
7
Repost
Share

Comment

0/400

ConfusedWhale

· 11h ago

94000 this threshold has been hit again, feels like this back-and-forth is going on --- Short-term breakout and pullback, I've seen this routine many times, just worried it might be a false breakout in the end --- It's good to say don't chase highs, but I know some people will still rush in --- Volatility is amplifying, is this preparing for a big move or just shaking around like this --- The spearhead pattern sounds a bit intimidating, who can precisely hit this point --- If 93860 can't hold, where is the support below --- A 2.66% increase, it's not too bad, but it's nothing special

View OriginalReply0

ContractBugHunter

· 01-07 06:55

The 94,000 level is quite interesting; after a dip, it went back up again.

View OriginalReply0

UnruggableChad

· 01-05 16:37

94k is really here, but I feel like this wave is a bit hollow...

View OriginalReply0

GweiWatcher

· 01-05 16:31

Here we go again, breaking 94 and pulling back, same old routine I say.

View OriginalReply0

FunGibleTom

· 01-05 16:27

94,000 has been broken. The contract explosion is probably about to start again. This wave of correction seems like it will continue.

View OriginalReply0

ForkItAllDay

· 01-05 16:24

Oh no, we're testing the edge of the spearhead pattern again. This rhythm really can't be sustained. Rising and falling again, this wave feels a bit hollow. The 94k breakthrough hasn't stabilized before starting to retrace, a typical fake-out move. I feel this recent surge is a bit inflated; don't get caught up in it. Short-term risks are too high, I think I'll stay on the sidelines and watch for now. Breaking 94k and then retracing, the bears are still active. It looks strong, but I think more time is needed for confirmation. This breakout was a bit quick; beware of the spearhead pattern, everyone. For those chasing the high now, how are you feeling? Heartbroken, right?

View OriginalReply0

FomoAnxiety

· 01-05 16:11

The 94,000 level does indeed make people itchy, but I still think this move is a bit too fast.

View OriginalReply0