From a technical perspective, Bitcoin's daily K-line over the past three days (1/8-1/10) repeatedly tested the support level at $90,588, but never broke below. This performance is actually quite crucial — it’s like a secondary confirmation after the breakout on 1/3. During the period from 1/11 to 1/22, Bitcoin continuously held this level, and the bullish pattern on the daily chart can be considered established.
What's even more interesting is that yesterday’s rally directly broke through the resistance at $94,789. This price point just happens to be at the downward trendline of the 3-day K-line. Once this resistance is broken, there is more room for upward movement. Considering both time and price factors, this rhythm is definitely worth watching.
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From a technical perspective, Bitcoin's daily K-line over the past three days (1/8-1/10) repeatedly tested the support level at $90,588, but never broke below. This performance is actually quite crucial — it’s like a secondary confirmation after the breakout on 1/3. During the period from 1/11 to 1/22, Bitcoin continuously held this level, and the bullish pattern on the daily chart can be considered established.
What's even more interesting is that yesterday’s rally directly broke through the resistance at $94,789. This price point just happens to be at the downward trendline of the 3-day K-line. Once this resistance is broken, there is more room for upward movement. Considering both time and price factors, this rhythm is definitely worth watching.