Bitcoin surged directly to the key resistance level around $96,600 today. The sideways opening logic I proposed on Monday has now changed.
After a weekend of full liquidity release, market sentiment has turned bullish, with the New York trading session even hitting several strong lows. Based on this new market trend, today’s trading plan has also been adjusted. Statistics show that if a new monthly high is successfully broken, the probability of an upward move in January is the highest.
My plan is to go long at this level, targeting around $99,000. Ideally, we can hunt for liquidity below the $94,035 low while demonstrating enough reversal strength. Once this condition is met, I will initiate a bullish stance, aiming for higher prices with multiple take-profit points set in between.
The best window to catch this wave is actually during the New York session. Unfortunately, I didn’t keep up at the time, but it was indeed a beautiful move. If you managed to catch it, congratulations. Since last Monday, we’ve been shorting Bitcoin and making full gains. Now it’s time to shift focus to higher prices in January.
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GasFeeTherapist
· 01-14 10:57
Did 96,600 get broken? This wave in New York definitely wasn't a waste to wait for, but unfortunately I was dead asleep at that time haha
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CompoundPersonality
· 01-14 10:56
96600 hasn't stabilized yet, and you're already hyping 99000?
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GateUser-40edb63b
· 01-14 10:53
Changed the plan again? On Monday, you said to sweep and go long now. This back-and-forth is really a bit showy.
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DecentralizeMe
· 01-14 10:45
The vicinity of 96,600 is indeed good, but the target of 99,000 feels a bit aggressive.
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SellTheBounce
· 01-14 10:45
Another day of being forced to adjust plans. When there's a rebound, I have to sell. What happened to the promised dip?
Bitcoin surged directly to the key resistance level around $96,600 today. The sideways opening logic I proposed on Monday has now changed.
After a weekend of full liquidity release, market sentiment has turned bullish, with the New York trading session even hitting several strong lows. Based on this new market trend, today’s trading plan has also been adjusted. Statistics show that if a new monthly high is successfully broken, the probability of an upward move in January is the highest.
My plan is to go long at this level, targeting around $99,000. Ideally, we can hunt for liquidity below the $94,035 low while demonstrating enough reversal strength. Once this condition is met, I will initiate a bullish stance, aiming for higher prices with multiple take-profit points set in between.
The best window to catch this wave is actually during the New York session. Unfortunately, I didn’t keep up at the time, but it was indeed a beautiful move. If you managed to catch it, congratulations. Since last Monday, we’ve been shorting Bitcoin and making full gains. Now it’s time to shift focus to higher prices in January.