【Blockchain Rhythm】On January 22, Bitcoin experienced a significant correction. According to market data, Bitcoin briefly fell below the $89,000 threshold, with a low of $88,905, and a decline of 1.55% in the past hour. This wave of decline indicates that the market still faces certain adjustment pressures at high levels, and the short-term technical outlook appears weak. Investors need to watch whether the next support level can hold and whether there is a risk of further decline.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
4
Repost
Share
Comment
0/400
JustHereForMemes
· 19h ago
Is it plunging again? This is nowhere near as bad as that...
View OriginalReply0
DeFiCaffeinator
· 19h ago
Diving again? It was expected long ago; the 89,000 level was always very fragile.
View OriginalReply0
GasFeePhobia
· 19h ago
This checkpoint at 88905 really can't be held, feels like I need to keep pushing down.
View OriginalReply0
GateUser-74b10196
· 19h ago
$88,905, it’s plunging again. These high levels are really hard to sustain.
Bitcoin experiences a short-term plunge, falling below the $89,000 mark
【Blockchain Rhythm】On January 22, Bitcoin experienced a significant correction. According to market data, Bitcoin briefly fell below the $89,000 threshold, with a low of $88,905, and a decline of 1.55% in the past hour. This wave of decline indicates that the market still faces certain adjustment pressures at high levels, and the short-term technical outlook appears weak. Investors need to watch whether the next support level can hold and whether there is a risk of further decline.