#Strategy加仓BTC 【Bitcoin Technicals Remain Strong and Bullish, Continuing Momentum Today】



As of the afternoon of January 14, BTC has shown strong performance, with ample daily momentum, but traders should also watch out for potential short-term profit-taking due to overbought conditions.

**Market Snapshot**

Currently trading around $95,200, with a 24-hour high of $96,625 and a low of $91,788, the range is approximately 4.7%. Trading volume exceeds $31.77 billion, with significantly increased activity—indicating high participation.

**Technical Analysis**

After breaking through the key resistance at $94,000, BTC has firmly established itself above the 50-day and 200-day moving averages, confirming a bullish daily trend. The RSI(14) is approximately 70.18, entering overbought territory. The MACD on the daily chart has generated a bullish crossover, with the gap widening. The four-hour chart shows continuous volume expansion, triggering short covering and sustained capital inflow. Positive CPI data is also boosting market sentiment, with risk appetite clearly rising.

**Key Levels**

On the upside, the $96,000–$96,600 zone is a strong resistance area for the day, with the previous high near $98,000 above. On the downside, $94,000 has now become a support level, with medium-term support at $92,000–$92,500. The intraday support/resistance boundary is at $91,000.

**Next Steps**

On the daily chart, the convergence of breakout, moving averages, and volume indicates strong upward momentum, making a move toward the $96,000–$96,600 range highly probable. However, RSI is overbought in the short term, and a correction back to $94,000–$94,500 for profit-taking is likely—this is a normal adjustment and will not change the overall bullish trend. The real risk lies in losing the $94,000 support, which could lead to further declines, especially if the $92,000–$92,500 medium-term support fails to hold.

**Trading Strategy**

For those already holding positions: set stop-loss at $94,000, take partial profits around $96,000–$96,600, and avoid full positions—leave some core holdings. For those waiting to enter: wait for a confirmed rebound and stabilization at $94,000–$94,500 before adding small positions, controlling exposure to less than 30%. Take profits when necessary, avoid greed.
BTC-1,43%
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.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
DailyNews24vip
· 16h ago
dukdbdidmsnsnsnsvsvdbd
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)