2026-01-12 22:14:02

BTC failed to close above the 10-week moving average last week, but a breakout is highly likely this week. From the rebound off the November low, the target is at least to test the 50-week moving average, which is currently around 101,350. From a technical perspective, within this cycle, there have been repeated signs of rebounds at key support levels, making an upward breakout more probable.

BTC-1,6%

View Original

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.

21 Likes

Reward
21
9
Repost
Share

Comment

0/400

consensus_whisperer

· 14h ago

The position at 101350 is really stuck, feels like we're just waiting for this wave.

View OriginalReply0

TopBuyerForever

· 01-14 20:22

101350? I bet five dollars it drops back down again.

View OriginalReply0

LiquidityWitch

· 01-14 20:15

ngl the 10-week line's just been brewing dark magic lately... 50-week's calling like some forbidden yield trap tbh. that 101350 level? feels cursed in the best way, reactions keep happening there like clockwork rituals. alpha's definitely transmuting this week or i'm liquidating my beliefs fr

Reply0

LiquidityWizard

· 01-12 22:43

actually, the 50-week ma at 101350 is statistically significant here... but ngl, we've seen this "probable breakout" narrative fail before. given the historical data, i'd need to see volume correlation before getting excited tbh

Reply0

Degen4Breakfast