The recent price trend of Bitcoin has been volatile! On January 13, Bitcoin strongly rebounded from the support level of $90,900, showing that bulls are actively entering the market at low price ranges. The price has now entered an upward trend line, which is a crucial battleground for both bulls and bears, and the subsequent trend is extremely important! Currently, Bitcoin is testing the upward trend line, which is an important resistance. If the price falls back here, bears may become active again, pushing the price down to the support level of $90,900.
In the short term, Bitcoin has two possible trends: one is a pullback. If Bitcoin cannot break through the downward trend line, bears may take this opportunity to apply pressure and test the support area of $90,900 again; the other is a breakout. If the price strongly breaks through the downward trend line, it means that bulls regain the advantage, and the subsequent price may quickly rise to $102,724, or even reach the $108,353 area. If bulls continue to exert strength and push the price above $108,353, market sentiment may further soar, and the high of $127,684 may become the next target.
In terms of operational strategy, if the Bitcoin price falls below the downward trend line, consider taking a light short position, targeting a price of $90,000, but be sure to set a stop-loss to prevent false breakouts. If the downward trend line is successfully broken, then follow the trend and go long, targeting $102,724 and $108,353 sequentially. Bitcoin is at a critical juncture, and once there is a directional breakout, it may trigger a significant market movement. Be sure to be flexible in your operations; if there is a breakout, follow the trend and go long, and if there is a pullback, hold on and wait, do not go against the trend!
#BTC重回10万 #核心CPI回落
In the short term, Bitcoin has two possible trends: one is a pullback. If Bitcoin cannot break through the downward trend line, bears may take this opportunity to apply pressure and test the support area of $90,900 again; the other is a breakout. If the price strongly breaks through the downward trend line, it means that bulls regain the advantage, and the subsequent price may quickly rise to $102,724, or even reach the $108,353 area. If bulls continue to exert strength and push the price above $108,353, market sentiment may further soar, and the high of $127,684 may become the next target.
In terms of operational strategy, if the Bitcoin price falls below the downward trend line, consider taking a light short position, targeting a price of $90,000, but be sure to set a stop-loss to prevent false breakouts. If the downward trend line is successfully broken, then follow the trend and go long, targeting $102,724 and $108,353 sequentially. Bitcoin is at a critical juncture, and once there is a directional breakout, it may trigger a significant market movement. Be sure to be flexible in your operations; if there is a breakout, follow the trend and go long, and if there is a pullback, hold on and wait, do not go against the trend!
#BTC重回10万 #核心CPI回落
