#数字资产市场洞察 Bitcoin bulls still have a chance; opportunities are everywhere before the rate cut materializes.
Currently, Bitcoin is fluctuating around 87,000, appearing to be in a recent correction phase. But the problem is, as long as the rate cut expectation hasn't been fulfilled, bears have no solid footing. Although Bitcoin has pulled back from its highs on the chart, it was only pushed up again after hitting a low of 86,000 yesterday. What does this indicate? Someone is absorbing the sell-off, and the bottom support is quite solid.
From a technical perspective, it's quite interesting. Although RSI is in the oversold zone, it has started to turn upward—this is a signal. The MACD green bars are narrowing, and there are signs of a low-level golden cross on the KDJ. All these suggest that a short-term rebound has a technical basis. More importantly, market expectations of a Fed rate cut have always been a core support for the crypto market. Once liquidity begins to loosen, inflow of new funds is only a matter of time.
This correction now looks more like a buildup phase for an upward move. As long as the rate cut expectation persists, Bitcoin's upward trend won't change easily. Short-term oscillations are actually good opportunities to build positions; the bull story is far from over.
Reference suggestions: If it breaks below 86,500, consider going long; around 85,700 is a good level to add positions; set stop-loss at 85,000; target levels above are 88,000, 90,000, and 92,300. $BTC $ETH
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LuckyBlindCat
· 18h ago
That 86,000 level is really crucial. Large funds are supporting the market, and before the interest rate cut takes effect, the bears don't stand a chance.
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ForkTongue
· 19h ago
86000 that wave was indeed picked up by someone, but when will this interest rate cut actually be implemented? Feels like I've been waiting forever...
View OriginalReply0
DefiEngineerJack
· 12-17 13:04
tbh the RSI reversal + MACD narrowing is interesting but you're oversimplifying the fed pivot narrative... empirically, correlation between rate expectations and BTC price action has been weakening since q3. show me the formal proof that 86k holds as macro support, not just anecdotal "strong hands buying" vibes
Reply0
ChainWanderingPoet
· 12-17 13:03
It's time to recharge your faith again. The barrier at 86,000 really can't be broken, this is confidence.
View OriginalReply0
MercilessHalal
· 12-17 13:02
86,000 has been pushed up again. There are really people supporting the bottom... Before the interest rate cut takes effect, the bears really don't have much chance.
View OriginalReply0
BasementAlchemist
· 12-17 12:44
That 86,000 pin was well placed; indeed, someone is guarding the bottom. The bullish story is far from over.
View OriginalReply0
ser_ngmi
· 12-17 12:42
That 86,000 defense line is quite resilient; if someone hadn't stepped in, it would have broken long ago. I'm all in on betting on rate cuts; anyway, if not now, then when?
View OriginalReply0
PonziWhisperer
· 12-17 12:36
Hmm, the 86,000 bottom is indeed solid. Don't believe the bears, keep trying.
#数字资产市场洞察 Bitcoin bulls still have a chance; opportunities are everywhere before the rate cut materializes.
Currently, Bitcoin is fluctuating around 87,000, appearing to be in a recent correction phase. But the problem is, as long as the rate cut expectation hasn't been fulfilled, bears have no solid footing. Although Bitcoin has pulled back from its highs on the chart, it was only pushed up again after hitting a low of 86,000 yesterday. What does this indicate? Someone is absorbing the sell-off, and the bottom support is quite solid.
From a technical perspective, it's quite interesting. Although RSI is in the oversold zone, it has started to turn upward—this is a signal. The MACD green bars are narrowing, and there are signs of a low-level golden cross on the KDJ. All these suggest that a short-term rebound has a technical basis. More importantly, market expectations of a Fed rate cut have always been a core support for the crypto market. Once liquidity begins to loosen, inflow of new funds is only a matter of time.
This correction now looks more like a buildup phase for an upward move. As long as the rate cut expectation persists, Bitcoin's upward trend won't change easily. Short-term oscillations are actually good opportunities to build positions; the bull story is far from over.
Reference suggestions: If it breaks below 86,500, consider going long; around 85,700 is a good level to add positions; set stop-loss at 85,000; target levels above are 88,000, 90,000, and 92,300. $BTC $ETH