Can Bitcoin continue to rise? My view is clearly bullish.
Looking at the recent trend, you can feel it: from over 87,000 all the way up to around 98,000. Although there have been a few small pullbacks in between, the overall trend remains intact. Currently fluctuating around 96,600, this is a normal pause in the upward movement and does not indicate the end of the rally.
What do technical indicators say? In the short term, there are signs of KDJ overbought and MACD bearish crossover, which might sound alarming, but these are just minor adjustments. The medium-term upward trend remains unchanged. More importantly, the ATR indicator shows that market enthusiasm is still high, and there are no signs of large-scale capital withdrawal.
Regarding market sentiment, it remains very active. Institutions and long-term investors are steadily increasing their positions. The key is to hold the 95,000 support level. As long as it doesn’t break below this, breaking through the 100,000 mark is very likely.
Don’t let short-term volatility influence your judgment; instead, view pullbacks as opportunities. How to operate specifically? Consider going long below 95,500, add positions at 94,500, and set a stop loss if it falls below 93,700. Targets are at 98,000, 100,000, and 102,000—these key levels.
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AlphaBrain
· 01-18 07:11
If 95,000 can't be broken, then 100,000 is stable. Institutions are all accumulating chips.
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MetaverseLandlord
· 01-16 17:43
Is the 95,000 level really that solid? I feel like it's a bit shaky. Are institutions really increasing their positions?
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LiquidatedTwice
· 01-16 13:48
If we can't hold 95,000, we all have to run. Stop with the "breathing room" talk. Last time I heard that, I was directly liquidated.
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RooftopVIP
· 01-15 21:23
If we can't hold 95,000, we're doomed. Don't give me that ATR indicator nonsense. If it drops below 93,700, I'm out immediately.
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HodlOrRegret
· 01-15 10:59
If we can't hold 95,000, we will need to reassess, but for now, it looks like institutions are still accumulating chips. I'm not in a hurry.
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DecentralizeMe
· 01-15 10:58
If we can't hold 95,000, then we will have to chat. It's too late to talk about these things now.
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TideReceder
· 01-15 10:49
If we can't hold 95,000, we'll have to face the real test. It's easy to say it's bullish now.
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GateUser-afe07a92
· 01-15 10:38
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DevChive
· 01-15 10:34
If I can't hold 95,000, it means I'm about to be cut again in this round. It's really frustrating.
Can Bitcoin continue to rise? My view is clearly bullish.
Looking at the recent trend, you can feel it: from over 87,000 all the way up to around 98,000. Although there have been a few small pullbacks in between, the overall trend remains intact. Currently fluctuating around 96,600, this is a normal pause in the upward movement and does not indicate the end of the rally.
What do technical indicators say? In the short term, there are signs of KDJ overbought and MACD bearish crossover, which might sound alarming, but these are just minor adjustments. The medium-term upward trend remains unchanged. More importantly, the ATR indicator shows that market enthusiasm is still high, and there are no signs of large-scale capital withdrawal.
Regarding market sentiment, it remains very active. Institutions and long-term investors are steadily increasing their positions. The key is to hold the 95,000 support level. As long as it doesn’t break below this, breaking through the 100,000 mark is very likely.
Don’t let short-term volatility influence your judgment; instead, view pullbacks as opportunities. How to operate specifically? Consider going long below 95,500, add positions at 94,500, and set a stop loss if it falls below 93,700. Targets are at 98,000, 100,000, and 102,000—these key levels.