Bitcoin’s Struggles: Can It Recover From Its $94,000 Nightmare? 😱

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Well, folks, it looks like Bitcoin’s dreams of soaring above $94,000 have taken a nosedive, and not the graceful kind. The price just couldn’t muster enough strength to break through that pesky resistance and now it’s tumbling downward, slipping under key volume levels. And with that, the chance of a deeper correction is growing faster than a cat on a hot tin roof. 🐱🔥

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The $94,000 level? It’s become as much a part of Bitcoin’s trading rhythm as breathing. And yet, despite repeated attempts, Bitcoin hasn’t managed to close above it. This includes not just the 0.618 Fibonacci retracement but also the Value Area High of the range, along with a nice little HTF resistance level that’s been shoving Bitcoin back down like an unwanted guest at the party. 🥳🚪

Each time Bitcoin is rejected from this zone, it only adds more fuel to the bearish fire. And just when you thought things couldn’t get worse, along comes some added volatility, courtesy of the Fed’s 2026 policy outlook and the ominous $2B liquidation risk. Just what we needed, right? 🤑

One of the biggest blows to Bitcoin’s ego recently is the drop below the Point of Control (POC). This price area is where the most trading volume has been taking place, and breaking below it often signals a shift from balanced trading to a not-so-friendly, directional imbalance. When Bitcoin is below this critical point, sellers have the upper hand, and liquidity tends to move toward lower value areas. Looks like the bears are partying hard. 🐻🍾

So, what happens next? Well, the next big level of interest is $88,960, which has been the last fortress for the bulls. If this support level crumbles like a stale cookie, then Bitcoin is going to head toward lower liquidity zones, possibly as low as $76,510. 🏚️

If that happens, Bitcoin will be dancing in retracement territory, and we’ll have to see if the bulls can regroup and come to the rescue. Will the new American Bitcoin treasury purchases push the market higher? Maybe. Maybe not. Stay tuned. 🧐

What to Expect Next

Bitcoin is currently stuck in a rotational structure, like a hamster in a wheel. Unless the bulls manage to wrestle control back and break through $94,000, the downside remains the likely course. A drop below $88,960 would speed up the decline toward $76,510, while a miraculous recovery above $94,000 would be the only thing that could reignite the bulls. But until that happens, well, you know the drill… 🐾

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2025-12-11 18:17