This morning, Bitcoin showed strong performance, soaring straight from the 91,000 level to break through the key resistance at 96,000, with a considerable increase. Trading volume also expanded, clearly signaling capital inflow, and 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, the price is firmly holding above the upper band, and the middle band is also moving higher, forming a very beautiful upward channel. The key support levels are at 92,000 and the middle Bollinger Band. Although the KDJ indicator has entered the overbought zone, the J line continues to diverge upward — the bulls still have strength, 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 range $GT
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#Gate储备金报告 #MSCI未排除数字资产财库企业纳入范围 January 14th Bitcoin Breaks 96,000! Bullish Momentum Like a Rainbow
This morning, Bitcoin showed strong performance, soaring straight from the 91,000 level to break through the key resistance at 96,000, with a considerable increase. Trading volume also expanded, clearly signaling capital inflow, and 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, the price is firmly holding above the upper band, and the middle band is also moving higher, forming a very beautiful upward channel. The key support levels are at 92,000 and the middle Bollinger Band. Although the KDJ indicator has entered the overbought zone, the J line continues to diverge upward — the bulls still have strength, 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 range
$GT