2026-01-03 04:28:55

Bitcoin pulled back sharply from $124K to $80K, and is hovering around $90K at the moment. The real question traders are asking: can we expect a recovery rally from this level, or is there more downside to come?

The price action tells an interesting story. After that significant drop, BTC is now consolidating in the $85-95K zone. Whether this becomes a launchpad for the next leg up depends on how the market responds to this key support area. Some see it as a healthy correction within a larger uptrend; others worry about deeper retests.

BTC2.08%

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RunWhenCut

· 01-03 21:21

Falling from 124K to 80K, this correction is indeed quite intense. Currently, around 90K, it’s oscillating back and forth. To be honest, I don’t know whether it will rebound or continue to drop; both seem possible.

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ResearchChadButBroke

· 01-03 04:56

Damn... this adjustment is really aggressive, dropping straight from 124K to 80K. I'm almost about to tear my pants apart.

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CryptoNomics

· 01-03 04:55

nah, y'all are missing the real correlation matrix here. that $85-95k consolidation? statistically insignificant noise if you actually analyze the on-chain flow data. most traders can't even run a basic regression on their thesis before yoloing in, it's honestly tragic.

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BankruptWorker

· 01-03 04:53

Fallen from 124,000 to 80,000... My mindset has also dropped along with it. Now it's all about whether I can hold the 90,000 line.

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ParallelChainMaxi

· 01-03 04:52

The 90K level is essentially a barrier—either it breaks through or bounces back, there's no third option. I don't really buy the idea of a "healthy correction"; where does the confidence come from to call a 44K drop "healthy"...

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ConsensusDissenter

· 01-03 04:44

This drop is too fierce; I feel like 89K can't hold. I'm still waiting for the 92K rebound to sell.

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BoredRiceBall

· 01-03 04:43

124K dropped to 80K, this wave of decline is really intense. Now that it has rebounded to 90K, I'm starting to worry about when it will continue to fall... The key is whether 85-95K can hold. If it really breaks below, it might go even lower, but it could also just oscillate like this until dawn.

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