Odaily News Greeks.live published a community newsletter, which revealed that most traders expect BTC to fall to the $84,000-85,000 level, while others note that the market is fluctuating in a narrow range. The key resistance level to watch is $88,400, where a lot of passive selling is observed, and the potential support level is $77,000, which some traders call a "definite bottom."
GameStop announced that it might buy $1.3 billion worth of Bitcoin, which was met with skepticism by the market and described as "a meme investing in another meme as a meme", with traders believing that this could trigger "a small rally in Bitcoin to $90,000", but would be weak compared to catalysts such as BlackRock and Trump.