2026-01-09 05:25:04

Recently, Bitcoin's price movement has been quite interesting. From the current position, if Bitcoin hovers around 91,000 or retraces to the 90,500-89,500 range, there should still be quite a few people looking to buy the dip. I remain bullish overall, with a target of 95,000. Once it breaks through and stabilizes, the next clear target would be 97,000-98,000.

However, after this wave of upward movement, the market may experience a turning point. It is expected to start a correction downward, possibly bottoming out near the 8-figure or even 7-figure range. During this phase, there should be ample opportunities for shorting.

Once the retracement is complete, a rebound will likely begin. From there, the price could start to rally from the 9-figure range, gradually pushing above 100,000 and approaching 110,000. This would be a more normal wave cycle. So, the key is to grasp these critical levels for entry and exit.

BTC0,79%

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.

23 Likes

Reward
23
10
Repost
Share

Comment

0/400

InfraVibes

· 5h ago

91,000 is indeed a good sniping position, but it feels like this round still needs to keep climbing. Speaking of the 8-digit level being the bottom? That's pretty tough. At that point, it might just be another round of cutting losses. The swing trading strategy is clear, but there are only a few who can really hold on.

View OriginalReply0

MetaverseMigrant

· 15h ago

Wait a minute, I need to think about your logic... Breaks above 95,000 straight to 98,000, then drops back to the 70,000s? Can you really grasp such a large fluctuation in the middle?

View OriginalReply0

GasGuzzler

· 20h ago

Talking about 95k and 98k again, I wonder if 95k might be a ceiling?

View OriginalReply0

BlockImposter

· 01-09 05:55

Bottoming out is all that matters; anyway, it's not far from dropping into the 8s. If you can't even afford a $9 vegetable, what's the point of playing?

View OriginalReply0

RooftopVIP

· 01-09 05:50

Is 91,000 the bottom? I'll wait and see, I feel like it still needs to drop. --- Breaking 95k is the key, stop always shouting target prices. --- Bottoming out at the 7s? Your prediction is so uncertain, it's making my mindset explode. --- I love hearing that shorting opportunities are ample; finally someone is telling the truth. --- The wave rhythm is good, but the question is who can accurately pinpoint entry and exit points. --- Just over 100,000? Let's first preserve the principal, haha. --- If you say so, it might take until the Year of the Monkey or Horse. --- Wow, from 91 directly to the 7s? That's quite a jump. --- Key levels for entry and exit, easy to say, but actual operation can be a bloodbath. --- Why does this set of theories sound so familiar to me?

View OriginalReply0

FarmHopper

· 01-09 05:46

People who bought the dip at 91,000 probably got cut. It's always target 95,000, 97,000. I'm tired of hearing this, and when it breaks down, they'll say they were wrong. Laugh out loud. Only seeing the bottom at the 8s? Then we might have to wait until the Year of the Monkey and the Horse. I doubt it. They always talk about key levels, but how many actually make money? This rally has lasted so long that I'm actually more afraid now. I feel like I'm the only one left to catch the falling knife. Is there enough opportunity to short? Are you trying to make me lose everything? The wave rhythm sounds comfortable, but in actual trading, you realize how difficult it really is.

View OriginalReply0

TokenDustCollector

· 01-09 05:38

I've heard the "bottom-fishing" phrase too many times; it'll probably just lead to being trapped again.

View OriginalReply0

SignatureCollector

· 01-09 05:36

It's another complete analysis of the wave cycle, quite detailed. But to be honest, I'm most afraid of this kind of "rise, then fall, then rise" analysis, because during that decline phase, who can precisely catch the bottom? Often, the rebound only starts at the moment of cutting losses.

View OriginalReply0

GateUser-bd883c58

· 01-09 05:30

Bottom fishing, still not the blood and tears story of those caught at the high point. The 90500 level has already been guarded by someone long ago.

View OriginalReply0

0xOverleveraged

· 01-09 05:25

91,000 is the key support level I am also waiting for, but it feels like this time it might directly drop to 89,500 or even lower. 95,000 is indeed a logical target, but only if we can stand firm; otherwise, it's just the old trick of false breakouts. In the 70s? Damn, do I have to wait that long again? It really tests patience. Just above 100,000 is probably the real main upward wave; all these fluctuations are just shakeouts. Don't be too aggressive before 95,000; it's better to be cautious. After this round of rise, short-selling opportunities might really be abundant. I think the bottom in the 80s is optimistic; we still need to be fully prepared. Only a breakthrough above 97,000 would truly open up the situation. Always getting stuck at critical points, tsk tsk. Swing trading sounds simple, but in reality, it's super easy to get stopped out.

View OriginalReply0