Murphy|Jan 03, 2026 08:19
If we combine technical analysis, the basis for judgment becomes clearer: BTC's daily K-line must close above $90,588 (red descending trendline) to anticipate the start of a rebound.
If it continues to be suppressed, BTC will likely test lower levels again in the short term. We can see that during this pullback, BTC has attempted to break through the descending trendline twice—on October 26 and December 3—but both attempts failed.
However, during the first two attempts, the price was still some distance away from the trendline, whereas this time it's almost right in front of us. In fact, yesterday's high already broke through $90,588, but it touched it briefly and then pulled back.
Let's see if institutions return from their holiday next week, liquidity gradually recovers, and BTC can finally break through. As long as it closes above, there's a high probability of a rebound rally.
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