There are 3 days left until the last monthly candle closes this year. From the data, Bitcoin has never ended a half-year with a bearish candle, which is an interesting historical pattern.
The current situation is as follows: BTC has fallen about 2% from its opening price at the beginning of the year and is currently hovering around $93,400. Looking at it from another perspective, for this monthly candle to turn green, Bitcoin only needs to regain above the opening price within the next two days.
It sounds simple, but what does this mean? If the monthly candle ultimately closes as a bullish candle, the overall bullish tone for January will be confirmed. In that case, the space for Bitcoin's subsequent rebound will open up, and altcoins may also follow suit. This window of opportunity isn't wide—it's just these two days.
Some traders are betting on the psychological threshold of @94000@, betting that Bitcoin can surge past this level within this time window. Indeed, the technical indicators provide some support, but ultimately, the market's direction will depend on the buying momentum over the next two days.
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WagmiOrRekt
· 12h ago
The idea of reducing the half-year rule sounds pretty mysterious, but two days of turning red? I'm betting on it.
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P2ENotWorking
· 12h ago
Just waiting for these two days, can 94,000 be broken? Feels like another impulsive market.
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LuckyBearDrawer
· 12h ago
Is the 94,000 level really a bit risky? Can it turn around in two days?
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ExpectationFarmer
· 12h ago
Two days of turning red? Haha, you're talking about historical patterns again... But the 94,000 level is indeed interesting.
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PerennialLeek
· 12h ago
Damn, relying on these two days to turn things around again, every day is a critical moment, it's really ridiculous.
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RugpullAlertOfficer
· 12h ago
Just two days left, if 94,000 can't be broken, this move will be pointless.
There are 3 days left until the last monthly candle closes this year. From the data, Bitcoin has never ended a half-year with a bearish candle, which is an interesting historical pattern.
The current situation is as follows: BTC has fallen about 2% from its opening price at the beginning of the year and is currently hovering around $93,400. Looking at it from another perspective, for this monthly candle to turn green, Bitcoin only needs to regain above the opening price within the next two days.
It sounds simple, but what does this mean? If the monthly candle ultimately closes as a bullish candle, the overall bullish tone for January will be confirmed. In that case, the space for Bitcoin's subsequent rebound will open up, and altcoins may also follow suit. This window of opportunity isn't wide—it's just these two days.
Some traders are betting on the psychological threshold of @94000@, betting that Bitcoin can surge past this level within this time window. Indeed, the technical indicators provide some support, but ultimately, the market's direction will depend on the buying momentum over the next two days.