1212 Bitcoin vẫn đang chật vật ở mức 90.000 USD, xu hướng sẽ đến khi nào?

Bitcoin continues to consolidate around $92,000 after yesterday’s intense volatility, with analysts stating: Downward pressure on Bitcoin is easing, but the market has not entirely exited risk.

Bitcoin’s Q4 performance has been challenging, failing to break through the $125,000 level effectively at the start of the quarter. During this period, Bitcoin and the US dollar showed a certain inverse relationship: as the dollar broke out of a descending wedge and strengthened, Bitcoin’s selling pressure intensified, with the largest decline reaching 35%, until the price attracted buy orders above $80,000. Subsequently, the dollar weakened, and Bitcoin rebounded, but the recovery of the cryptocurrency lagged noticeably behind the dollar’s downward mirror trend. From the weekly chart, this rebound still appears hesitant, as the past three weekly candles all show prominent upper wicks, highlighting ongoing selling pressure during the rebound. Notably, the key level of $90,000 has been difficult for Bitcoin to sustain above for a prolonged period.

From a daily perspective, the acceptance of $90,000 is increasing. After the price dipped near $80,000, Bitcoin gradually formed a higher low structure. With higher lows, the rebound highs have also slightly increased, though gold and silver have already successfully broken through, while Bitcoin’s strength remains noticeably insufficient, underperforming compared to other hedging assets.

From a technical standpoint, the 4-hour chart is forming an ascending triangle pattern. If a successful breakout occurs, the next significant resistance zone above this level is below $100,000, which is particularly critical and could become the primary target for bulls in the next phase.

Against this backdrop of mixed bullish and bearish signals, Bitcoin’s subsequent trend presents multiple perspectives:

1. Bullish perspective: The breakdown lacks sustainability, and a higher low structure has been formed recently.

2. Bearish perspective: Bitcoin’s performance remains weak, indicating insufficient upward momentum.