January 14th, Bitcoin breaks through 96,000! Bulls are unstoppable
This morning, Bitcoin showed strong momentum, soaring straight from around 91,000 to break through the key resistance at 96,000, with a considerable increase. Trading volume also expanded, clearly signaling capital inflow. Market enthusiasm is soaring—this is not short-term volatility but a clear continuation of the upward trend. Any pullback is a good entry point.
On the 4-hour chart, it’s very clear: the Bollinger Bands are opening upward, with the price firmly holding above the upper band. The middle band is also moving higher, forming a beautiful ascending channel. The key support levels are at 92,000 and the middle Bollinger Band. Although the KDJ indicator is in the overbought zone, the J line continues to diverge upward—bullish momentum is not exhausted, and there is room for further upward movement.
Trading strategy reference: Buy in the 94,400-95,000 range, targeting the 96,500-98,000 zone
#MSCI未排除数字资产财库企业纳入范围 $BTC $ETH The overall digital asset market remains positive. Continue to monitor the trend of mainstream cryptocurrencies.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
6
Repost
Share
Comment
0/400
ApeEscapeArtist
· 15h ago
You want to run at 96,000? I think it's a real issue only if it breaks 100k.
View OriginalReply0
ForkInTheRoad
· 15h ago
96,000 broke, huh? This move is really quite aggressive. But you still need to be cautious about overbought conditions and avoid getting trapped.
View OriginalReply0
FarmHopper
· 15h ago
Once 96,000 is broken, it will soar all the way. This wave is really intense, and funds are clearly entering the market.
View OriginalReply0
SatoshiChallenger
· 15h ago
If this level of 96,000 is broken, I will believe it. Right now, it's still just storytelling.
A lesson from history: in 2017, it was all bullish talk too, but what happened then?
Interesting, does a beautiful technical setup guarantee profits? Data shows how those who entered during the overbought zone are doing now.
I'm not criticizing, but those who go all-in when KDJ hits overbought—six months later, they'll regret it.
Is this wave genuinely a rise, or just another prelude to a new round of chopping the leeks? Let’s see the bullets fly a bit longer.
So, breaking new highs often leads to overconfidence. It's better to look at how past peaks were smashed down.
View OriginalReply0
Miss2021
· 15h ago
Sit tight and get ready for takeoff 🛫 Sit tight and get ready for takeoff 🛫
Sit tight and get ready for takeoff 🛫 Sit tight and get ready for takeoff 🛫
January 14th, Bitcoin breaks through 96,000! Bulls are unstoppable
This morning, Bitcoin showed strong momentum, soaring straight from around 91,000 to break through the key resistance at 96,000, with a considerable increase. Trading volume also expanded, clearly signaling capital inflow. Market enthusiasm is soaring—this is not short-term volatility but a clear continuation of the upward trend. Any pullback is a good entry point.
On the 4-hour chart, it’s very clear: the Bollinger Bands are opening upward, with the price firmly holding above the upper band. The middle band is also moving higher, forming a beautiful ascending channel. The key support levels are at 92,000 and the middle Bollinger Band. Although the KDJ indicator is in the overbought zone, the J line continues to diverge upward—bullish momentum is not exhausted, and there is room for further upward movement.
Trading strategy reference:
Buy in the 94,400-95,000 range, targeting the 96,500-98,000 zone
#MSCI未排除数字资产财库企业纳入范围 $BTC $ETH
The overall digital asset market remains positive. Continue to monitor the trend of mainstream cryptocurrencies.