🚨 BITCOIN AT A CROSSROADS: $89K Support or $85K Trap? 📉
Bitcoin is showing signs of exhaustion! ⚠️ As of today, January 24, 2026, $BTC is struggling to maintain its position around the $89,500 mark.
Charts indicate that buyers are losing steam, and there's a growing risk of a 13% dip due to a rising wedge formation.
We are currently range-trading between $85,000 and $90,000. A solid break below $88,500 could trigger a slide toward the $85,000 support zone.
The Silver Lining: Long-term holders are still accumulating, but the pace has slowed down by 24% recently.
I’m watching the $89,200 level closely. A failure to reclaim $90,000 soon might open the doors for more "Short" opportunities.
Are you: 🟢 Buying the "Sideways" move or 🔴 Waiting for the $85K retest?$BTC
BTCUSDT
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87,514
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