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Bitcoin fluctuates within the $80,000–$95,000 range, possibly undergoing a "time-driven capitulation"

Bitcoin fluctuates within the $80,000–$95,000 range, possibly undergoing a "time-driven capitulation"

Odaily星球日报Odaily星球日报2026/01/09 13:20
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According to Odaily, the current narrow-range consolidation of bitcoin is similar to the range seen in April 2025. Since November 21, bitcoin has been trading between $80,000 and $95,000, which roughly matches the duration of the fluctuations between $76,000 and $85,000 from late February to early April 2025. At that time, bitcoin consolidated for 52 days and ended with a new round of gains, with the price eventually peaking at over $126,000 in October. Traders refer to this situation as "time-driven capitulation," meaning that prolonged dull price movements cause impatient holders to exit the market. In recent years, as bitcoin has matured as an asset and has not experienced the extreme declines seen in early cycles, "time-driven capitulation" has become the norm.

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