BTC has been fluctuating at the bottom for a month now, from a technical perspective, the current pattern is:
The daily chart forms a descending wedge, with prices compressing in the range of 84000-95000U, and trading volume shrinking.
The probability of a breakout to the upside is higher, with resistance at the upper band located between 92000-95000U, and support at the lower band around 84000U.
After breaking through the key resistance zone above, there is a chance to test above 100,000, or even reach new highs. The technical outlook is strongly bullish, and we are currently in the "accumulation" phase; a breakout will accelerate.
The Federal Reserve's rate-cutting cycle continues, with expectations of further easing in Q1 2026. BTC ETF inflows persist, and institutional accumulation is ongoing.
Risk appetite is recovering, and if the stock market hits a new high, BTC will amplify its gains. The macro environment provides "fuel" for a bull market, resonating with the technical aspects.
Currently, I am bullish and optimistic about the Q1 market. If there is an opportunity to retest again in the past week, it would be a good chance to get in. At the same time, we must also pay attention to the risk points: if it falls below 84000 USD, it may briefly retest 80000 USD, but it does not change the medium-term bullish pattern. #2026行情预测
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BTC has been fluctuating at the bottom for a month now, from a technical perspective, the current pattern is:
The daily chart forms a descending wedge, with prices compressing in the range of 84000-95000U, and trading volume shrinking.
The probability of a breakout to the upside is higher, with resistance at the upper band located between 92000-95000U, and support at the lower band around 84000U.
After breaking through the key resistance zone above, there is a chance to test above 100,000, or even reach new highs. The technical outlook is strongly bullish, and we are currently in the "accumulation" phase; a breakout will accelerate.
The Federal Reserve's rate-cutting cycle continues, with expectations of further easing in Q1 2026. BTC ETF inflows persist, and institutional accumulation is ongoing.
Risk appetite is recovering, and if the stock market hits a new high, BTC will amplify its gains. The macro environment provides "fuel" for a bull market, resonating with the technical aspects.
Currently, I am bullish and optimistic about the Q1 market. If there is an opportunity to retest again in the past week, it would be a good chance to get in. At the same time, we must also pay attention to the risk points: if it falls below 84000 USD, it may briefly retest 80000 USD, but it does not change the medium-term bullish pattern. #2026行情预测