BTC Price: Chop Continues, Bears Eye $79.5K Retest
Bitcoin is stuck in indecisive choppy price action after sweeping recent lows, with some analysts calling for a retrace toward $79,500 and a 66% probability of a full retracement, while others see liquidity above $88K as the next magnet.
What we know
Harley Foote flagged a bearish throwback on ETH targeting ~$2,300 and assessed a 66% chance of BTC fully retracing the recent short squeeze, with a likely bounce at $79,500 — tweet. George sees a different picture: after sweeping clean lows, he expects at minimum a move to Monday's high with significant liquidity resting above $88K — tweet. Mayne amplified a call to 'stay as liquid as possible, for as long as possible' — tweet. Bitcoin Jack expressed frustration with the chop and said he's stepping away from screens to set alarms — tweet. Ansem polled his audience on Bitcoin allocation while offering live ticker charting — tweet.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.