BTC recent performance aligns with market expectations, having touched a key level around 92,000. From a technical perspective, this rally is not over yet, and there is still room for further upward movement.



Looking back at recent trends, BTC has successively touched key levels around 90,000 and 92,000, with price and time roughly matching. The previous low in the 88,000-89,000 range (bottomed at 89,300) provided a long opportunity, and BTC ultimately rose as expected. It is worth noting that the pace of this rally has slightly exceeded expectations, with the weekend breakout faster than previously judged.

From the current position at 91,600, BTC still has upward momentum. It is expected to encounter resistance in the 92,000-92,500 range, where short positions can be considered. However, it should be clear that this correction is only a short-term adjustment, and the overall trend should continue to favor bulls afterward. The current overall pattern remains in an upward cycle.

Next key levels: If after a correction, BTC can break through 94,000 and hold above 95,000, then attention can be turned to higher targets around 98,000. In terms of trading strategy, once a short-term correction opportunity to short appears, be prepared to switch to long positions and do not be scared out of the market by the correction.
BTC-1,95%
View Original
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.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
ZeroRushCaptainvip
· 01-05 00:45
Here we go again with the "short-term pullback to go long" tactic... the last time I heard that, I still had some capital left.
View OriginalReply0
StablecoinSkepticvip
· 01-04 22:22
92000 this level is indeed interesting, but I always feel that this kind of precise prediction is a bit too smooth, and I always end up stepping into a trap.
View OriginalReply0
LightningLadyvip
· 01-04 06:55
The key level at 92000 is quite interesting. I did hit it quite accurately before. The speed during the weekend was indeed fast, didn't expect that. Can 94000 hold steady?
View OriginalReply0
CryptoCrazyGFvip
· 01-04 06:55
The 92,000 level is really interesting; it feels like this wave is aiming to reach 98. It's the same old pattern of shorting and then going long. My goodness, how strong does my heart need to be to keep up? The speed over the weekend was really fast, better than expected. Just worried about a reversal coming later.
View OriginalReply0
RugPullAlarmvip
· 01-04 06:51
The speed of this rally around 92,000 is indeed a bit fierce, and the weekend breakout exceeded expectations. Before reaching 92,500, keep a close eye on the movements of large addresses; don't be scared off by the shakeout. --- It's another routine of "short-term correction, continue to go long," history always repeats... but on-chain data indeed hasn't shown any signs of large-scale exit yet, so I'll trust it for now. --- At the low point of 88,000, I looked at the contract data, and the retail stop-loss orders are clearly piling up. That's why the rally is so fast. I'm just worried that at 94,000, there might be another spoofing move to trap longs. --- Why is the 98,000 target so casually announced? Let's see if we can get past 95,000 first, and don't pull another trick of technical failure. --- This brother's predictions are quite diligent, but I'm worried about the concentration of funds. Can the selling pressure around 92,500 really be absorbed?
View OriginalReply0
BackrowObservervip
· 01-04 06:50
The speed during the weekend was indeed unexpected. Should I wait a bit more before chasing at 92,000?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)