Bitcoin's playing a tight game right now on the 6-hour chart. We're seeing it squeeze inside an ascending triangle pattern, basically grinding just under that stubborn $93.5k to $94k ceiling.
What's interesting? Price keeps knocking on this resistance zone — tried multiple times already — but keeps getting rejected. No decisive break yet. Sellers are clearly defending that level hard.
The good news? That upward trendline starting from the $84k base is still holding like a champ. As long as that support stays unbroken, bulls aren't out of the game. Classic consolidation before the next move.
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ChainProspector
· 21h ago
Stuck at 94k again, it's really frustrating.
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OffchainWinner
· 12-06 03:57
The 93.5k to 94k barrier is really tough; it’s been rejected several times after attempts. The selling pressure does seem quite significant.
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LiquidityHunter
· 12-05 13:55
The 93.5k barrier is really stuck, it feels like the sell side is defending fiercely.
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rekt_but_vibing
· 12-05 13:46
94k got knocked down again, these shorts are really holding the line... but the 84k bottom is still holding, let's keep waiting for a breakout.
Bitcoin's playing a tight game right now on the 6-hour chart. We're seeing it squeeze inside an ascending triangle pattern, basically grinding just under that stubborn $93.5k to $94k ceiling.
What's interesting? Price keeps knocking on this resistance zone — tried multiple times already — but keeps getting rejected. No decisive break yet. Sellers are clearly defending that level hard.
The good news? That upward trendline starting from the $84k base is still holding like a champ. As long as that support stays unbroken, bulls aren't out of the game. Classic consolidation before the next move.