2026-01-01 20:22:27

After experiencing this round of volatility, my judgment is that Bitcoin is more likely to break out into a rally. Looking back at the previous decline, after the head and shoulders top pattern was broken, the speed was quite fast, which also indicates that there may be a lot of bullish momentum accumulated below. Based on this logical deduction, there should be an opportunity to rally to around 92,000 for a correction, and the technical outlook is not a big problem.

Of course, a Plan B should also be prepared—if the breakout fails and the price continues to fall, it could form a W-bottom pattern, followed by another surge. Regardless of the scenario, the current strategy is to find good support levels to go long, as bottom opportunities often favor patient traders. Let’s wait for this wave of market to unfold.

BTC0.8%

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OnchainFortuneTeller

· 6h ago

92,000? I think it's uncertain. The bullish momentum in this market isn't strong enough right now. The last time it broke support so quickly, it seemed a bit suspicious—feels like it's a phase of accumulation.

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LightningHarvester

· 6h ago

It's the same old story, people at the bottom are patient and so on, I'm getting calluses just listening. Can 92,000 really be pushed up? I think it's uncertain.

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RetiredMiner

· 6h ago

92000? Bro, your technical outlook is really optimistic. I think the support below still looks quite shaky. Wait, when you said W bottom, I felt relieved. This combination of strategies is indeed reliable. The only concern with bottom-fishing is running out of bullets, or using up all the bullets before hitting the bottom... This wave of market movement has lasted so long, patience is truly a test, but it can also really lead to profits.

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